Industrialization policies reap profits

Editor:李莎宁
Source:红网综合
Updated:2015-06-05 14:23:36

The 1,000 major invention patents in the province led to total output valued at 127.1 billion yuan ($20.5 billion) since the local IP authority began to help promote industrialization of the patents two years ago. Profits and taxes generated by the patents have reached 16 billion yuan. Preferential policies for them include subsidies for keeping patents valid, recommendations for collateral financing and rights protection assistance.