Qinghai: Provincial Awards Top 7 Million Yuan in 2016


Source: China Daily

The provincial IP administration last week issued patent awards totaling 7.58 million yuan ($1.16 million) to the owners of 254 patents granted last year, and to 25 local companies with 50 patent applications or 20 invention patent applications each last year. The provincial government has offered 16.3 million yuan since the provincial patent award was launched in 2014. In the first seven months this year, Qinghai individuals and organizations filed 1,723 patent applications, up 11 percent year-on-year.