The Zhejiang Intellectual Property Trade Center, which opened in the provincial capital Hangzhou in August, is intended to facilitate IP trade, financing and public services linking IP owners, buyers and investors, said its chairman Zhao Rongxiang. The center is the first of its kind in the province. The number of total patent filings from Zhejiang was close to 200,000 in the first half of this year. "Developing IP markets helps promote the commercialization and industrialization of research results and thus provide fresh impetus to industry transformation," Zhao said.

Source: China Daily