Source: China Daily

Xi'an, capital of the province, aims to foster 500 national - and provincial-level companies with an edge in intellectual property in three years, local officials said. The city was given the green light in June to establish a national IP protection center. The government will roll out more favorable policies to attract high-level IP service providers, encourage innovation and develop IP-intensive industries, thus boosting the city's sustainable growth, the officials said. From 2013 to 2017, invention patent applications from Xi'an surged 172 percent to nearly 40,440 and invention patents granted during the period rocketed 210 percent to more than 7,900.