Core Reading Recently, the Implementation Plan of Patent Industrialization to Promote the Growth of SMEs jointly issued by the China National Intellectual Property Administration and other five departments was officially announced. Among them, it is clear that the improvement of intellectual property awareness and patent industrialization ability of small and medium-sized enterprises in 2025 is mainly reflected in the general increase of patent industrialization rate and average income of a large number of technology-based and innovative small and medium-sized enterprises. Another policy horn supporting small and medium-sized enterprises to achieve great things has been sounded nationwide. This time, it is bringing vigorous and upward innovation momentum to small and medium-sized enterprises. Recently, the China National Intellectual Property Administration, the Ministry of Industry and Information Technology, the People's Bank of China, the State Administration of Financial Supervision and Administration, and the China Securities Regulatory Commission jointly issued the Implementation Plan of Patent Industrialization to Promote the Growth of SMEs (hereinafter referred to as the Implementation Plan), which was officially announced. The Implementation Plan clearly states that by 2025, the level of intellectual property awareness and patent industrialization ability of small and medium-sized enterprises will be improved, mainly reflected in the general increase of patent industrialization rate and average income of a large number of technology-based innovative small and medium-sized enterprises. Previously, at the third "ministerial channel" of the second session of the 14th National People's Congress, Shen Changyu, director of the China National Intellectual Property Administration, revealed that this year, we will implement the plan of patent industrialization to promote the growth of SMEs, and cultivate more specialized, new and medium-sized enterprises that grow up relying on patent technology. This also means that bottlenecks such as weak patent conversion that constrain the innovative development of small and medium-sized enterprises are expected to be overcome. Policy support enhances corporate confidence. Small and medium-sized enterprises are an important force in promoting innovation, employment, and improving people's livelihoods, and are the source of vitality for high-quality economic development. The prosperity of small and medium-sized enterprises leads to economic growth, and the vitality of small and medium-sized enterprises leads to economic growth. Entering the Guangzhou Development Zone Technology Enterprise Accelerator Park, you will see a giant stone engraved in red font, which reads "Small and medium-sized enterprises can accomplish great things.". The three 80% of Guangzhou Development Zone are well-known. It is understood that there are over 40000 private small and medium-sized enterprises here, contributing three 80%: more than 80% of the industrial enterprises above designated size in the region, more than 80% of the high-tech enterprises in the region are small and medium-sized enterprises, and more than 80% of invention patents, innovative achievements, and new products come from small and medium-sized enterprises. This is a microcosm of the innovation efforts of small and medium-sized enterprises nationwide. Statistics show that the number of small and medium-sized enterprises in China exceeds 52 million, including 500000 technology-based small and medium-sized enterprises, 465000 high-tech enterprises, 215000 innovative small and medium-sized enterprises, and 103000 specialized, refined, and new small and medium-sized enterprises, which are important sources of new technologies, industries, and formats. In recent years, with the support of numerous favorable policies, the innovation capabilities of small and medium-sized enterprises in China have been continuously enhanced. According to a survey by the China Association of Small and Medium Enterprises, the support of national policies in 2023 has enhanced the confidence of small and medium-sized enterprises. At the same time, small and medium-sized enterprises are generally increasing their pace of technological innovation and transformation and upgrading, enhancing their own strength. The data released by the association shows that the development index of small and medium-sized enterprises in China was 89.0 in December 2023, showing a rebound trend throughout the year. The development index of small and medium-sized enterprises in China reached the highest of 89.6 and the lowest of 88.9 in 2023, with a total of