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Intellectual property (IP) is indispensable to innovative and high-quality development. Over the recent years, China has witnessed a rise in both the number and quality of valid invention patents, which indicates continuously strengthened impetus for innovation.

Beijing OriginWater Technology Co., Ltd. is a tech firm engaged in wastewater recycling, seawater desalination and production of high-quality drinking water. It has obtained a number of patents in key membrane materials and selective separation technologies.

Recently, the company successfully kicked off pilot production of battery-grade lithium hydroxide monohydrate from a salt lake in Ngari prefecture, Tibet autonomous region with a key lithium extraction technology it has forged, which is the first production line of this type in China.

This has boosted confidence of Huang Jianglong, president of the company. "Enterprises, supported by reliable and competitive technologies, will surely achieve stable and long-term development," he said.

The quality of China's IP creation has constantly improved, as the country sees continuous optimization in the structure of invention patents.

As of the end of 2022, the total number of valid invention patents in China had reached 4.21 million, the highest in the world. The average ownership of high-value invention patents reached 9.4 patents per 10,000 people, up 1.9 over the previous year.