Hangzhou relies on intellectual property to boost development
en.hangzhou.com.cn   2022-12-29 15:10   Source: hangzhou.com.cn

Hangzhou was included in the National First-batch Pilot Demonstration Cities in Building China into Intellectual Property Powerhouse in August. In Global Innovation Index Ranking 2022 released by the World Intellectual Property Organization, Hangzhou moved up to 14th place from 21st place in the previous year. The city’s continuous rise in national and even global innovation index lies in its persistence on digital reform.  

To protect intellectual property is to protect innovation, which is the primary driving force of development. Innovation of cutting-edge technologies calls for commercialization of intellectual property. As over 70% invention patent applicants are enterprises, it is crucial to create the market-oriented, law-based and world-class business environment in Hangzhou.

Author: Text by Ye Lijiao  Editor: Ye Lijiao