Marco Aleman, assistant director-general of the World Intellectual Property Organization (WIPO)

Intangible assets, particularly those protected by intellectual property rights, hold immense economic value. Amid tightening capital markets, employing intellectual property as a strategic financial asset could reshape the landscape. WIPO is focusing on transforming intangible assets into tradable categories. Key actions involve promoting intellectual property finance, revealing its current status and empowering stakeholders interested in intangible asset financing.

Today's report underscores China's multi-stakeholder approach, fostering collaboration among intellectual property organizations, banks, insurance firms and guarantee institutions. We anticipate this report will empower intellectual property finance participants, enhance global understanding of China's role and redefine how intellectual property rights holders use intangible assets. The sharing of China's journey is expected to inspire other nations and assist innovative minds in fully realizing intellectual property's potential in the economy and in daily life.