Shanghai Pudong New Area officially launched the pilot project of intellectual property pledge financing in 2006; In the same year, Bank of Communications Beijing Branch began to promote the "intellectual property pledge financing" model; Based on the model of Beijing and Shanghai Pudong, Wuhan has also begun to promote intellectual property pledge.
In order to further promote and deepen the national intellectual property pledge work, China National Intellectual Property Administration * * launched two batches of national intellectual property pledge financing pilot units. First, in June 2009, the first batch of intellectual property pledge financing pilot units were launched, including Haidian District of Beijing, Changchun City of Jilin Province, Xiangtan City of Hunan Province, Nanhai District of Foshan City of Guangdong Province, Ningxia Hui Autonomous Region and Nanchang City of Jiangxi Province.
In September of the same year, the second batch of pilot units such as Chengdu in Sichuan, Guangzhou in Guangdong, Dongguan, Yichang in Hubei, Wuxi in Jiangsu and Wenzhou in Zhejiang were launched.