China IP News -- On December 26th, the ceremony for the WIPO-SIPO Award for Chinese Outstanding Patented Invention & Industrial Design was held in Beijing. A total of 20 inventions, utility model patents were awarded as Chinese patent gold award, while five industry design patents was awarded as Chinese design gold award. Besides, 568 inventions, utility model patents won Chinese patent award of excellence, and 65 design patents won Chinese design award of excellence.
On the ceremony, commissioner of SIPO and deputy director of WIPO jointly awarded the winners of gold awards and representatives of winners of excellence awards. They honored the patentees and inventors who have made outstanding contributions to the creation, utilization, protection and administration of intellectual property rights and promote innovation and economic and social development.
It is published on the ceremony that, since 1989, when SIPO and WIPO jointly launched the Award selection activities for the first time, China's economic and social and intellectual property have been witnessing a rapid growth, the Award's credibility, authority, representation and influence are enhanced. According to statistics, in the past Twelfth Five-Year Plan period, 120 patent gold award projects achieved new sales of 622.1 billion yuan with new profit of 131.7 billion yuan. The Award has played a positive role in leading innovation-driven development and accelerating the construction of an IP powerhouse. (by Wang Kang/ Cui Jingsi)