My country will standardize and explore intellectual property securitization models in eligible free trade zones

The State Council recently issued the "Measures for Promoting the Reform and Innovation of Trade and Investment Facilitation in Pilot Free Trade Zones", which proposed 19 measures, including increasing the opening up to Hong Kong and Macao investment, liberalizing the statutory inspection of internationally registered ships, and launching import trade innovation. Among them, it is clear that the mode of intellectual property securitization shall be explored in the qualified pilot free trade zone.

"Several Measures" proposed to launch a pilot program for the securitization of intellectual property rights. Based on the high-value patent portfolio of industrial chains or industrial clusters, construct the underlying intellectual property assets. Under the premise that the intellectual property rights have been confirmed and can generate stable cash flow, explore the model of intellectual property securitization in qualified free trade pilot zones. . This work is handled by the People's Bank of China, the China Securities Regulatory Commission, and the State Intellectual Property Office according to the division of responsibilities.

It is understood that in December 2018, my country achieved a zero breakthrough in the securitization of intellectual property rights. From 2018 to 2020, the number of issuances of intellectual property securitization products across the country has increased year by year, reaching 12 in 2020. Last year, intellectual property securitization was listed by the State Council in the sixth batch of pilot reforms in the Pilot Free Trade Zone for replication and promotion.