The 12th China Patent Awards co-hosted by SIPO and WIPO were announced on November 13 in Beijing. Speaking at meeting, SIPO Commissioner Tian Lipu stressed that with the collective effort of IP authorities at all levels, IPR is becoming the strategic resource decisive to the economic development which emerging a list of outstanding patented invention technologies.

As of the end of 2009, 15 gold patent projects have generated a total of 129.3 billion yuan in revenue, 16.8 billion yuan in profits and 3.1 billion yuan in exports and 5 gold design projects have generated of total of 24.4 billion yuan in revenue, 1 billion yuan in profits and 200 million yuan in export, respectively.  

(China IP News)