Around 47 percent of patents were commercialized in Yangquan city last year, which is 26 percentage points higher than the national average, according to the city's science and technology authority. The figure for service inventions is higher than 51 percent. The commercialization of patents has spawned more than 140 new products in some 40 different categories. Together, commercialized patents generated output value totaling 300 million yuan ($48.8 million) last year.

(Source: China Daily)