Intellectual Property Supporting All-Around Innovation

From September 19 to 20, the 12th China Intellectual Property Annual Conference (CIPAC) was held under the theme of "Intellectual Property Supporting All-Around Innovation" by the Intellectual Property Publishing House Co, Ltd (IPPH), in Jinan, Shandong Province. 

Encompassing more than 30 activities, the conference opened an exhibition covering an area of more than 8,000 square meters, with the numbers of exhibitors and exhibits both achieving a record high in the history of the CIPAC. After a three-year break, CIPAC returned to vividly tell the world about China's achievements in intellectual property (IP) and actively contribute to China's wisdom toward global IP governance.

The 12th CIPAC set up thematic sessions under the paradigm of 1+13. In the keynote speech section, several participants shared their insights on how IP supports all-round innovation. 

Wang Jianfeng, senior vice president and president of the Public and Government Affairs Department of Huawei Technologies Co, Ltd, introduced in his keynote speech that Huawei has invested more than 977.3 billion yuan ($133.9 billion) in R&D over the past 10 years, with the figure reaching 161.5 billion yuan in 2022, accounting for 25.1 percent of annual revenue, ranking fourth worldwide. Huawei is also the largest open source contributor in Asia, benefiting thousands of developers and users.

The area for the CSG Guangdong Power Grid Corporation, a strategic partner of this annual conference, was crowded during the two-day conference. The company showcased their latest R&D achievements in the field of energy and power science and technology, as well as innovative strength and technological breakthroughs. 

In the past five years, the company has applied for nearly 20,000 new invention patents and granted nearly 14,000 new patents, quickly accumulating the number of patents. It has actively participated in the national patent open licensing pilot program, and 40 high-quality patents have become the first batch of open licensed patents of CSG, accounting for 56 percent of open licenses. 

As the "host" of this annual conference, the award ceremony for the 2023 China-Shandong Driving Force Transition High-Value Patent Cultivation Competition (Xingao Competition) held at the annual conference has also become one of the most concerned parts for innovators in Shandong. 

Over the past four years, the Xingao Competition has attracted a total of 1,112 innovative projects. Through this competition, many participating enterprises have effectively improved their IP management capabilities, promoted the transfer and commercialization of innovation achievements, increased financing channels, and achieved remarkable economic and social benefits.

In fact, from interactive forum sessions to product roadshows and exhibition publicity, highlighting geographical characteristics to empower economic development has become a prominent attraction of this year's annual conference.

The "International Geographical Indication Exhibition Area," with a total of 55 planned booths and an exhibition area of about 2,500 square meters, demonstrates excellent geographical indication products at home and abroad, while providing more exhibition space for premium products from Shandong and Jinan.

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