China Launches Intellectual Property Operations Funds

At the turning of the new year, Beijing Key Industry IP Operations Fund and Sichuan IP Operations Fund, jointly funded by Chinese central and local governments for first time which were established separately with 1 billion yuan and 700 million yuan. Experts said that intellectual property operations fund is new wave of emerging knowledge-based economy, which is like financial "wings" for intellectual property, will bring new development of intellectual property.

Beijing Key Industry IP Operations Fund with 1 billion yuan planned is the largest IP operations fund in domestic. According to an official from Beijing Intellectual Property Office, this fund was set up with limited partnership, with the duration of 10 years and planed size of 1 billion yuan. Currently, the first 400 million yuan has been subscribed, of which three fiscal system of central government, Beijing Municipal Government and Zhongguancun Park Administrative Committee invested 95 million yuan as