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Zhongguancun Is Committed to Intellectual Property Rights Protection

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Source: chinadaily.com.cn

It only took Zhongguancun eight years to transform from an "electronic street" in the 1980s to become the national high-tech industrial development zone. As China started its reform and opening up policy, the first private technology company, the first enterprise without verified business scope, and the first corporation with intangible assets accounting for 100 percent of its registered capital were all launched here.

 

During the first decade of the 21st century, China is eager to seize opportunities to turn "Made in China" into "Created in China”. The reason that Zhongguancun is worth noting is because it is the forerunner on this path.

 

But innovation is inseparable from the protection of intellectual property rights. With China hastening the path in "going global", conflicts among enterprises on intellectual property is becoming fiercer than ever before.

 

To this end, the Zhongguancun State Intellectual Property Model Park was established in 2003. It’s the first and the only national demonstration park for intellectual property system approved by the State Council.

 

By the end of 2017, a total of over 13,000 enterprises in Zhongguancun Demonstration Zone had applied for patents, with the total applications reaching over 400,000. Companies in the demonstration zone possess 80,600 effective invention patents, with six out of ten effective inventions in Beijing come from Zhongguancun.


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