On June 5, China issued its national Intellectual Property (IP) development report on Wednesday, which marked the fifth anniversary of the introduction of the National IP Strategy. The study, conducted by the IP Development and Research Center under SIPO, shows that China's IP cause develops fast since 2007, especially after 2008, the year of the implementation of the National IP Strategy.

According to the report, Guangdong, Shanghai, Beijing, Zhejiang, Jiangsu, Shandong, Fujian, Hubei, Anhui, and Sichuan were the 10 most developed regions in China in terms of IP last year. The report also states that Jiangsu, Hubei, Anhui, Shaanxi, Liaoning, Zhejiang, Chongqing, Shanghai, Sichuan and Henan have developed at the fastest pace in the past five years. In accordance with the economic development level, the IP index fell from the eastern region to the central and western regions. Figures also show that the average index of eastern region reached 73.25 last year, much higher than that of the western region (51.73).

A principle said that China was in the transition period that turned from the increase of IP quantity to the enhancement of IP quality in terms of IP creation and utility. Meanwhile, the increase of IP number as well as the improvement of efficiency has been the major driving force for China's IP creation and utilization. From the perspective of IP protection, China has been paying great attention to IP protection, especially the coastal and developed areas. 

(Source: China IP News)