According to the news of CIPNEWS on January 27th, in recent days, Zhejiang Intellectual Property Administration has released that, in 2020, the value of patent pledge financing of Zhejiang province reached 40.107 billion yuan, ranking top 1 in China, a 132.29% year-on-year growth. The statistical data said that in Zhejiang province, the number of patent pledge contracts reached 1, 443, a 109.43% year-on-year growth, covering 1, 317 small and medium-sized high-tech companies, a 99.39% year-on-year growth. The number of pledge of patents reached 4,722, a 65.10% year-on-year growth, wherein 1, 542 were the pledge of invention patents. In Taizhou, the value of the patent pledge reached 10.53 billion yuan, overtaking Shenzhen for the first time. It ranked top 1 among all the prefecture-level cities. The value of patent pledge in Wenling (within the jurisdiction of Wenzhou) reached 5.182 billion yuan, ranking top 1 among all the counties.