Commercialization rate of China's valid invention patents reached 34.7% in 2020. The yearly rates throughout the entire 13th Five-Year Plan （2016-2020） sit firmly above 30% while the rates of companies are even higher at above 40%, according to the 2020 China Patent Investigation Report issued by China National Intellectual Property Administration （CNIPA）。 The report takes a close look at patenting activities of Chinese innovators from the perspectives of IP creation, use and protection.
The report investigated 24 provinces （autonomous regions, municipalities），15,000 patentees and 42,000 patents as 82.2% questionnaires were actually filled in. Three key points are shaped: patent transfer and commercialization advances on steady paces; heightened patent protection constantly improves the climate for doing business; patentees themselves tend to invest more in R&D and join hands in innovation.
（Editor Wang Xumeng）
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