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Patent right pledge financing amounts to 31.85 billion yuan

2011/08/09

Some 3,361 projects had secured the loan of 31.85 billion yuan (including equivalents of foreign currency) from January 2006 to June 2011, providing a strong support for the SMEs development, sources from SIPO said recently.

A representative from the Patent Administration Department of SIPO said that SIPO has launched IPR pledge financing pilot projects in nearly 20 areas in China. Some 400 SMEs secured a loan of more than 3 billion yuan in 2010, licensing contract record of the pledge has increased for 5 consecutive years with annual growth rate of 70% in pledge financing amount.

(Source:sipo.gov.cn)




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