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Intellectual property financial services cooperation officially signed, opening a new chapter

ftz.xm.gov.cn|Updated: July 8, 2024

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The signing ceremony for intellectual property financial services cooperation. [Photo/WeChat account of Xiamen FTZ]

To drive innovation in the intellectual property financial services model, a cooperation signing ceremony was held in the Xiamen Intellectual Property CBD on July 3. 

Xiamen Intellectual Property Investment Co Ltd entered into a comprehensive strategic partnership with four banks in Xiamen, namely China Minsheng Bank, Industrial Bank, Bank of Communications, and China Everbright Bank.

This strategic partnership focuses on collaboration in intellectual property quality assessment and value evaluation services. The Intellectual Property Investment Co Ltd and related banks will share resources and complement each other's strengths, providing diversified financial services such as intellectual property evaluation and policy interest subsidies. 

By uniting various stakeholders to jointly develop an intellectual property financial ecosystem, they aim to offer high-quality and efficient investment and financing services to intellectual property-oriented enterprises. 

In recent years, the Xiamen Free Trade Zone administration committee, in conjunction with the Xiamen Market Supervision Administration (Intellectual Property Bureau), has focused primarily on promoting the transformation and utilization of intellectual property. 

They have guided Xiamen Intellectual Property Investment Co Ltd, a key carrier of Xiamen's intellectual property operation service system, to continuously enhance its capacity to provide intellectual property financial services. 

In the first quarter of 2024, the total value of patent and trademark pledges in Xiamen reached 1.63 billion yuan ($224 million), with 158 pledged projects.