IP-collateralized loans reached 72.5 million yuan in Nanchang this year, 17.5 million yuan more than that of 2010, as reported from Nanchang Municipal Intellectual Property Office on December 29. Nanchang also set up a special IP Financial Service Working Group for Small and Medium Sized Enterprises (SMEs), which consists of IP offices, banks, law firms, enterprises, asset assessment companies and accounting firms. The group will promote the better integration of intellectual property and financial resources and step up the establishment of IP financial service system of Nanchang SMEs. [Chinese version is available on jxnews.com.cn]
(Source: IPR in China)