On April 2, the Working Group on Intellectual Property Trading held its first meeting since it was established earlier this year. "IP has become increasingly important in a knowledge-based economy to drive innovation and growth," said Gregory So, head of the working group. "We would tap the wisdom of working group members from various sectors, with a goal of realizing Hong Kong's potential to develop into an IP trading hub." Hong Kong Chief Executive Leung Chun-ying announced the establishment of the working group in his 2013 Policy Address.

(Source: China Daily)