5G technology, new energy vehicle technology, Internet of Things technology... Recently, the Intellectual Property Development Research Center of the State Intellectual Property Office released the Report on the Number of Invention Patents Granted by Private Enterprises in China (hereinafter referred to as the "Report"), which shows that China's private enterprises have been accelerating their innovation in recent years, and innovation investment has continued to grow. By the end of 2021, the R&D expenditure of the top 1000 private enterprises has totaled 1.08 trillion yuan, accelerating the distribution of domestic invention patents and international patents in the fields of new generation information technology, Internet technology, electronic equipment and intelligent terminals, new energy, home appliance manufacturing, etc., and greatly improving the global competitiveness. Zhao Zhe, director of the Second Research Division of the Intellectual Property Development Research Center of the State Intellectual Property Office, said that China's achievements in intellectual property protection and promotion of innovation and creation are gradually emerging in recent years. Innovation has become a powerful driving force for economic and social development. Chinese private enterprises, especially leading enterprises, not only promote their own technological innovation with high R&D investment, but also constantly make breakthroughs in the number and quality of invention patents, At the same time, an innovation consortium is formed based on the industrial chain to promote the application of innovation and accelerate the upgrading. The innovation achievements benefit the world and bring great convenience to people's food, clothing, transportation, communication, medical treatment, etc. The report that the R&D expenditure of the top 1000 private enterprises reached 1.08 trillion yuan shows that the pace of enterprise innovation in China is accelerating in recent years. Data shows that since the 18th National Congress of the Communist Party of China, China has authorized 3.953 million invention patents, with an average annual growth rate of 13.8%. The total number of effective patents in and out of China's 500 strong private enterprises was 633922, an increase of 53.60% over the previous year. Among them, 134,657 internationally valid patents, an increase of 474.65%. The report shows that 10 enterprises, including Huawei, Tencent, BYD, Baidu, and Fang Tai, will become the private enterprises with the largest number of invention patents in 2021. The total R&D expenditure of the top 1000 private enterprises reached 1.08 trillion yuan, breaking the 1 trillion yuan mark for the first time. "Private enterprises accelerate the layout of invention patents and increase investment in R&D funds, which not only reflects that private enterprises in China are increasingly becoming an important force in national innovation and social progress, but also become practitioners of the national innovation driven development strategy. Similarly, private enterprises are also beneficiaries of China's patent system and the construction of a powerful intellectual property country, and continue to use technology patents to become contributors to meet the people's better life." Gao Shangmei, director of the Intellectual Property Office of the Chamber of Commerce for Science and Technology Equipment Industry of the All China Federation of Industry and Commerce, said that, more importantly, the technological innovation of private enterprises in China has taken a sustainable development path of "innovation protection application", and the global competitiveness has been greatly improved. The report on innovation to better meet the people's better life said that the application of technology patents of the 10 member enterprises on the list occupied the fields of new generation information technology, Internet technology, electronic equipment and intelligent terminals, new energy, home appliance manufacturing, etc. The report shows that in the field of new generation information technology, which is the bottom technology support of the digital economy society, Huawei has invested more than 845 billion yuan in technology research and development in the past decade, and has 6583 5G standard patent families in the world