In the first half of 2020, the number of trademark registration applications in Zhejiang Province reached 407,181, an increase of 30.3% over the same period last year. In order to help solve the difficulties of corporate financing guarantees and intangible asset financing, the Zhejiang Provincial Market Supervision Bureau and Zhejiang Banking and Insurance Regulatory Bureau introduced practical measures such as promoting the sinking of intellectual property financing windows. From January to June, it assisted 158 enterprises across the province to handle 3.141 billion yuan of trademark pledge financing, accounting for 15.5% of the country.
