In a remarkable stride in the field of intellectual property (IP) collateral financing, Guangzhou's Huangpu district registered an encouraging surge, reaching $1.09 billion in the first half of the year.
This is a 212 percent growth year on year, thereby establishing a commanding lead within the city.
The district has facilitated this surge by implementing a multitude of supportive measures, including the establishment of risk compensation and loan discount mechanisms, aiming to embolden enterprises to capitalize on IP rights for financing.
Venturing beyond traditional methods, Huangpu has partnered with insurance firms to explore avant-garde financial models such as IP securitization and commercial trade secret insurance.
Looking forward, the district plans to delve deeper into the intricacies of IP financial management systems. It aims to widen financing channels and foster innovation in IP financial products and services, all while championing the growth of small and micro-sized enterprises.