Jiangsu ranked among the top regions nationwide in terms of patent applications filed by and granted to companies in the province. Its companies filed 309,000 applications and were granted 186,000, said Xu Yiping, head of the provincial economic and information technology commission at a meeting on May 16. He also noted that more than 80 percent of the province's total R&D investment comes from local companies, which have founded nearly 4,000 R&D institutions.

(Source: China Daily)