As of the end of November, revenues on patents of patent agencies in Guangzhou reached 204.48 million yuan, up 31.54%, hitting the historic high record.

Since 2010, such revenues have shown a rapid growth in spite of the global economic recession, indicating that enterprises in the province have constantly invested more in indigenous innovations. Meanwhile, it was also a sign of increased protection awareness of patent applicants who have realized the importance of intellectual property in boosting the economic development. [Chinese version is available on nf.nfdaily.cn]

(Source: IPR in China)