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Invention patents boost industries

Word came from Yinzhou District Bureau of Science and Technology that Yinzhou District ranks No.1 on the 2017 list of Top 50 Counties (or Districts) for Intellectual Property Right released by the Patent Protection Association of China.

According to statistics, in 2017, the number of the patent application and that of the patent license of Yinzhou District reached 15205 and 9065 respectively, including 4558 invention patent applications and 1404 invention patent licenses. The district ranks No.1 in terms of the number of patent applications, and has ranked No.1 in terms of the authorized patents for eight consecutive years in Zhejiang Province.

Invention patents have become the secret for the core competitiveness of enterprises.

In 2017, Yinzhou District achieved a total new product output value of 63.73 billion yuan, up by 20.9% over the previous year. The technical contract turnover of the year stood at 812 million yuan, up by 14.9%

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