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Fund for key industries launched

Post Time:2016-01-06 Source:China Daily Author: Views:
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A government-led intellectual property fund for key industries was launched last week, with totalplanned capital of 1 billion yuan ($153.3 million), which would make it the richest of its kindnationwide. The first phase of 400-million-yuan capital has been sold out, focusing on investmentin startups and growing companies with high-value patents in mobile Internet and biomedicines.The fund will cooperate with major national IP projects and help IP agencies build multilevelcooperation with investment and financing institutes.