According to reports, in 2020, Zhangjiagang Municipal Intellectual Property Office focused on promoting intellectual property financial work and set up a municipal-level intellectual property financial service platform. Zhangjiagang’s intellectual property pledge financing amount has been greatly increased; through innovative brand protection models, intellectual property rights has been vigorously promoted. Infringement insurance reduces the cost of protecting geographical indication trademark brand rights and promotes local economic development.
"High-tech and innovative enterprises have abundant intellectual property resources. Activating these resources and conducting pledge financing can help enterprises to innovate and develop. In terms of turning intellectual property into an enterprise's 'gold pool', we have made a lot of effort in 2020." Sun Yuezhong introduced.
According to Sun Yuezhong, deputy director of the Intellectual Property Office of Zhangjiagang, Jiangsu Province, said that from January to November 2020, Zhangjiagang has newly authorized 9,148 patents, an increase of 76.06% year-on-year, and the average maintenance period of invention patents increased from 6.4 years to 6.9 years; from January to November 2020, there were 67 newly added Madrid international registered trademarks, bringing the total to 218; as of the end of 2020, Zhangjiagang’s valid registered trademarks reached 32,122.
In recent years, the Zhangjiagang City Intellectual Property Office has been vigorously cultivating geographical indication trademark brands, guiding local farmers to develop agriculture branding to rich farmers, and revitalizing the countryside, which has achieved gratifying results. As a shared brand of local peach farmers in Fenghuang Town, Zhangjiagang City, after years of brand maintenance, the sales of "Phoenix Peach" brand products have been increased.
"In the next step, we will continue to strengthen the ability and level of intellectual property creation, application, protection, management and service, and promote the high-quality development of Zhangjiagang's economy with the high-quality development of intellectual property rights." Sun Yuezhong said.