Is it correct to say that "the intellectual property system does not allow monopolization of patented technology by the owner of the patent"?

Correct.

The monopoly mentioned here should refer to the monopoly behavior stipulated by our laws; not the monopoly market in the ordinary sense.

Monopolizing the market in the ordinary sense means normal, restricting others from producing, selling, using, or promising to sell patented products.

And the monopolistic behaviors stipulated in China's laws include:

(i) monopoly agreement;

(ii) abuse of dominant market position;

(iii) concentration of operators which has or may have the effect of excluding or restricting competition;

(iv) abuse of administrative power to exclude or restrict competition.

And the Patent Law, Article 48, paragraph 3, there are clear provisions:

The patentee's exercise of the patent right is determined by law to be a monopoly, in order to eliminate or reduce the adverse effects of the behavior on competition. The patent administrative department under the State Council may grant a compulsory license for the implementation of a patent for invention or utility model based on the application of a unit or an individual who has the conditions for implementation: