Innovation and
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 Governmental Support for IP Financing and Securitization
In a recent move, seven Chinese government departments jointly released the Opinions on Further Optimizing the Business Environment in the Intellectual Property Sector. This policy is designed to fast-track market reforms, strengthen the legal framework, and enhance how intellectual property (IP) is priced and traded within the Chinese market.
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By Jili Chung, Author of FinTech: Legal and Business Risk Analysis The waves of technological advancement never cease, and today’s trend is steering towards AI. In this latest surge, AI—along with its synergistic technologies like big data, 5G IoT, and blockchain—is rapidly finding its place in various business scenarios. Among these, the combination of technology and finance, known as FinTech, stands out due to its disruptive nature and vast potential for new business opportunities.
In recent years, China has seen advancements in the field of technology. Particularly in autonomous driving and artificial intelligence (AI), China has made progress, leveraging its vast market and policy environment. However, the implementation of these new technologies has also brought a series of social and economic issues.   China's cautious navigation of the Web3 landscape underscores its deliberate embrace of emerging technologies such as NFTs and digital currencies. This meticulously calculated approach highlights the government's strategic foresight for developing its Web3 ecosystem.
—— Charting a New Era of Trade Secret Financing Digital Asset Financing: A Game Changer
Zongjinhao, a leading IP securitization consulting company in China, recently played a pivotal role in securing a 10 million yuan credit line for Fujian Fuchawang Technology Development Co., Ltd. (FTDC) to by leveraging data assets as collateral. This groundbreaking transaction not only marked the first data asset financing of its kind but also indicates a potential paradigm shift in trade secret securitization within China.  Digital asset management is becoming a trend, and AI is stepping on the gas. International investment institutions are accelerating their entry into the digital asset market [1], believing that asset tokenization will become a trend. They estimate that digital assets will account for 10% of global GDP by 2030[2]. –MIT Sloan Fellow AJ Huang Expresses Support for the ICTiger Project By: Dr. Jili Chung, author of Innovation’s Crouching Tiger  Standing on the sidelines is not an option — this was my deepest feeling in 2018 when working on my MIT Sloan fellowship in Boston Cambridge, a city at the forefront of global technological development. Through numerous inspiring, in-depth discussions with industry, government, and academic leaders from thirty countries, I sensed a major trend emerging. This reflection motivated me to share my experiences of working in corporate management, IP, finance, and legal work in China for over 20 years. I crystalized these experiences with a methodology adapted from a famous teaching method pioneered by MIT Sloan School of Management, which became the focus of the book Innovation’s Crouching Tiger.
— Is the Innovative Step a Milestone for the Global Professional Community? On March 15, the SpringIP NFT2O3D team assisted Lex Magister DAO, a project initiated by Lex Magister, in successfully launching its first batch of NFTs for its overseas club.
Taking the First Step Towards Overseas Expansion Through Web3  On September 20, with the assistance of the SpringIP NFT2O3D team, Lex Magister launched its first NFTs. The launch is a pioneering work in the global legal community and has innovative significance in promoting IP utilization in the metaverse and the larger professional community.
On September 14th, SpringIP NFT2O3D Team assisted Italian artist Maurizia Galvan in the release of her NFT artwork on a local exchange platform in China, promoting cross-border branding and IP exploration in the global metaverse.
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