New IP strategy
The intellectual property office of Jingmen, Hubei province, has carried out a series of measures to promote its IP strategy in a possible economic slowdown.
Along with intensifying publicity efforts, the office decided to cut patent application fees by two thirds, and support local patent agencies to reduce agent fees by 20 percent.
In addition, each international patent application under the Patent Cooperation Treaty (PCT) will be subsidized 50,000 yuan. Each authorized invention by companies will be subsidized 3,000 yuan and each authorized patent, by individual or utility, model and design by companies will be subsidized 1,000 yuan.
(Source：China Daily)
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