The Information Office of the State Council held a series of press conferences on the theme of “Starting with the 15th Five-Year Plan”. The State Intellectual Property Office explained at the press conference that the endogenous motivation for innovation and development of Chinese enterprises continues to rise. By the end of June, the number of domestic enterprises with valid invention patents had reached 574,000, and the number of valid invention patents had reached 4.254 million, accounting for 74.8% of the total domestic volume, an increase of 0.3 percentage points over the end of the previous year, further consolidating the dominant position of enterprises in innovation. At the same time, awareness of brand protection continues to rise. Every 4 business entities have 1 valid registered trademark, 55,000 business entities use special geographical indications, and the pace of corporate brand building continues to accelerate.

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