The intellectual property office of Binzhou city will raise each award for top patents up to 200,000 yuan ($32,400) to encourage more major technological breakthroughs. The city had more than 4,100 patent applications in 2013, including a record 14 international patent applications through the Patent Cooperation Treaty. The office will also redouble their efforts in IP protection by coordinating with other regions and organizations for law enforcement.

(Source: China Daily)