Chongqing: Estimated 20% rise in PCT Applications

Source: China Daily

International patent applications filed via the Patent Cooperation Treaty from Chongqing is forecast to increase by about 20 percent in 2017 from the previous year, local officials said at a recent annual IP meeting. The municipality in Southwest China plans to foster a group of intellectual property-intensive companies, develop a multi-dispute resolution system and encourage industrial funds to support innovative startups, according to the city's IP authorities.