IP News
The Ministry of Science and Technology to Improve the
Intellectual Property Management Process of Major Projects
科技部表示将健全重大项目知识产权管理流程
Date：2021-09-30
In 2020, there were a total of 549,000 technology contracts with
a turnover of CNY$2.8 trillion in the Chinese technology market,
among those contracts, 186,000 of them involves intellectual
property rights and these amounted to a turnover of CNY$1.1
trillion, accounting for 39.8% of the total Chinese technology
contract turnover.
The Ministry of Science and Technology will work with relevant
departments in the coming years to support the creation and
application of intellectual property rights as an important task in
promoting the transformation of scientific and technological
achievements, including: 1) supporting the creation of high-quality
intellectual property rights through the original scientific and
technological innovation; 2) making new reforms for the conversion
of innovation into ownership,
