The fully automated terminal began operation at Nansha port in Guangzhou, capital of Guangdong province, on July 28, 2022, having integrated advanced technologies such as Beidou navigation, 5G communications, artificial intelligence and autonomous vehicles. (PHOTO: XINHUA)

By WANG Xiaoxia

The industrialization rate of effective patents in China reached 36.7 percent in 2022, a record high in the past five years, according to an annual survey issued by China National Intellectual Property Administration (CNIPA), the country's top IP regulator, on December 28, 2022.

The rising patent industrialization rate reflects the continuous enhancement of China's ability to support the innovation and development of the real economy through the transfer and transformation of intellectual property rights.

According to the survey data, enterprises play a leading role in the improvement of patent industrialization across the country. For enterprise patentees, the patent industrialization rate was 48.1 percent in 2022, an increase of 1.3 percentage points over the previous year.

Among enterprises, those that are innovation-driven performed better, said Ge Shu, head of the strategic planning department at the CNIPA.

Most notably, the "national intellectual property demonstration enterprises," which is the highest honor awarded by the CNIPA for the creation, application, protection, and management of the intellectual property of an enterprise, saw their patent industrialization rate reach 61.3 percent, said Ge.