Shen Changyu, Director of the State Intellectual Property Office, recently said at the National Conference of Directors of Intellectual Property Offices that, Chinese patent volume "rebounded" in 2014. Overall, there is an increase on the amount and improvement in terms of quality, and the Intellectual Property advanced to a new level.

Shen Changyu reviewed that in the first half of 2014, due to the economic downward pressure and policy changes in patent application subsidy, there are new changes in the growth of Chinese patent volume, the invention patent changed to moderate-speed growth from high-speed growth, while the design and utility model patent application once saw serious decline. But this is precisely the result that China Intellectual Property has implemented measures of "layout by quantity and win by quality".

But the ultimate fact shows that the related adjustment does not hinder the rebounding of patent volume. Data show that in 2014, the accepted volume of PCT international patent application grew by 14.2%, as for Chinese patent application, invention patent application grew by 12.5%, ranking first in the world.

Shen Changyu said that, in 2015 we will continue to focus on the principle of "moving forward with better quantity and quality”, to promote the development of intellectual property, support companies in effective layout of intellectual property, explore the establishment of management system for application quality, promote the creation of high value patents with rich scientific content and good market efficiency, broaden channels for capitalization and industrialization of intellectual property, and promote social capital to establish funds for patent operation; at the same time, we will try to include intellectual property into the newly revised national economic accounting system, reform the examination systems and methods for patent agent qualification, actively promote the early introduction of Service invention ordinance, speed up the revision of Regulations on Patent Commissioning, and make efforts to resolve the outstanding issues of "difficult evidence collection, long period, high cost, low compensation and inefficiency" for patent protection.