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New Intellectual Property Rights Measres Adopted in SIP

Xia Fang, Director of SIP Bureau of Science and Technology, tells reporters that experimentation of national intellectual property rights policies will be conducted in SIP and that SIP will be built into a national demonstration region for intellectual property rights protection within 3 years. The aim of the campaign is to foster a number of major enterprises with independent intellectual property rights, brand names and competitiveness through financial support and guidance, to institute intellectual property rights system in 80% of SIP technology-oriented enterprises, and to encourage technologies and products of intellectual property rights in 80% of SIP hi-tech enterprises.

National Bureau of Intellectual Property Rights Protection has recently approved the establishment of "National Demonstration Park for Intellectual Property Rights Protection" in SIP, which is the first instance in the whole of Jiangsu Province.

To speed up the structuring of public service platform for intellectual property rights protection, SIP Bureau of Science and Technology initiated the intellectual property rights protection center, which is the first among development zones in China, to provide comprehensive services in intellectual property rights protection.

The new policies stipulated late April in SIP will extend financial support to every inventor of intellectual property rights, giving full allowance for patent application and major support for patent invention. Inventors of patent with foreign authorization will be awarded 30,000 RMB each. Applications for patents are showing a tendency of fast growth in recent years in SIP, and in the year 2005 alone patent applications increased by 75%.

Apr. 28, 2006

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