On the 16th, reporter learned from the Fujian Provincial Market Supervision Bureau that from January to October, Fujian Province was granted 19,000 new invention patents, reflecting a year-on-year increase of 31.1%. By October, the province's number of valid invention patents had reached 104,000, surpassing the 100,000 mark.

In emerging strategic industries such as next-generation information technology, new materials, new energy, high-end equipment manufacturing, and energy conservation and environmental protection, there are 65,000 patents, providing strong innovative momentum for the development of new productive forces in the province. From January to October, Fujian province saw an increase of 2,839 high-value invention patents, marking a year-on-year growth of 23.8%. With a total of 123 patent-intensive products, including Zhangzhou Pien Tze Huang and Quanzhou Sanan LED chips, the province ranked sixth nationwide.

Since the start of this year, Fujian province has actively pursued a special initiative for patent transformation and utilization. The revitalization and conversion of existing patents have been advanced, with 174 universities and research institutions completing an inventory of 34,600 existing patents. Numerous patents with strong market potential, wide applicability, and high practicality have been successfully transformed and utilized. This effort has resulted in a total of 10,500 patent transfers and licenses, marking a year-on-year increase of 23.3% and benefiting 4,227 enterprises of various types.

The ongoing development of diversified intellectual property financial support has successfully raised essential startup funds for companies to convert patents. Increasingly, "intellectual property" is being transformed into assets, evolving into innovative applications that drive production. Key technologies and products, such as in-vehicle photovoltaic glass, cervical cancer vaccines, smart doors and windows, and bamboo-based alternatives to plastic, have disrupted the long-standing technological monopoly of developed countries.

Translated by Fujian Investment Promotion Center