Oct.28 -- To implement the spirit of the Guangxi Innovation-driven Development Conference as well as to comprehensively promote the cultivation work of intellectual property (IP) competitive enterprises in Guangxi Province, the Guangxi Intellectual Property Office held an on-the-spot meeting for cultivating IP competitive enterprises in Guilin.

24 enterprises have been listed as national IP competitive enterprises.9 have passed reexamination after three years of cultivation. Through cultivation, the enterprises' IP creation and application abilities have been greatly enhanced. From 2013 to 2015, the total number of patent applications was 3678, and the number of granted patents was 2536; the number of existing patents was 3546 and the exploitation rate of patents was 75%. The sales of patented products reached 240 billion yuan, taking up 90% of the enterprises' total sales revenue. (Translated from SIPO Website Chinese Version)