Zone pumps money into ser­vice providers

China Daily (Hong Kong) - - IP SPECIAL - By WANG XIN wangxin@chi­

The Guangzhou De­vel­op­ment Distric t is in­vest­ing heav­ily in seek­ing high-qual­ity in­tel­lec­tual prop­erty ser­vice providers na­tion­wide.

The GDD gov­ern­ment in Guangzhou, cap­i­tal of Guang­dong prov­ince, will pro­vide hefty fi­nan­cial re­wards for new IP agen­cies, their large con­tri­bu­tions to the lo­cal econ­omy, IP-col­lat­er­al­ized loans, patent in­for­ma­tion anal­y­sis, and IP pro­tec­tion and train­ing, ac­cord­ing to an in­cen­tive pol­icy re­leased in May. It is de­signed to at­tract high-level pro­fes­sion­als in the IP ser­vice sec­tor.

The pol­icy is a key move after the Sino-Sin­ga­pore Guangzhou Knowl­edge City was des­ig­nated as a na­tional ex­per­i­men­tal zone for con- per­cent duct­ing com­pre­hen­sive re­forms on IP use and pro­tec­tion by the State Coun­cil, China’s Cab­i­net, last July. The first of its kind in the coun­try, the area is sit­u­ated in the GDD.

If an IP ser­vice in­sti­tute or agency is to con­trib­ute at least 500,000 yuan ($73,664) a year to the lo­cal econ­omy and re­port a 10 per­cent rise in an­nual busi­ness rev­enue, it will be re­warded with up to 10 mil­lion yuan, Zhong Zi, an of­fi­cial at the GDD IP of­fice, said at a pro­mo­tional event in Bei­jing on Tues­day.

To boost trans­ac­tions of patents, copy­rights and trade­marks, the au­thor­i­ties have de­cided to re­ward IP mar­ket op­er­a­tors with the equiv­a­lent of 1 per­cent of each deal and an IP as­sess­ment in­sti­tu­tion with 20 per­cent of each deal.

If com­pa­nies in the GDD in­dus­tri­al­ize the core patented tech­nolo­gies lo­cally after their pur­chase from higher learn­ing in­sti­tutes or re­search cen­ters, the GDD gov­ern­ment will sub­si­dize 20 per­cent of their tech­no­log­i­cal con­tracts.

To fa­cil­i­tate IP-col­lat­er­al­ized loans, the gov­ern­ment has pledged to pay the bills for re­lated as­sess­ments, guar­an­tees and in­sur­ance.

One of the ear­li­est na­tional eco­nomic and tech­no­log­i­cal de­vel­op­ment zones, the GDD was founded in 1984 in east­ern Guangzhou. It has long ranked among the top three of its 200 peers na­tion­wide in terms of its com­pre­hen­sive strength, said Liu Shi, head of the IP of­fice.

Home to a wealth of high­tech busi­nesses, in­clud­ing in­tel­li­gent equip­ment and ma­chines, ro­bot­ics and bio­phar­ma­ceu­ti­cals, the GDD con­trib­utes nearly 40 per­cent of the an­nual out­put value of Guangzhou’s man­u­fac­tur­ing sec­tor and ap­prox­i­mately 70 per­cent of the city’s high-tech in­dus­try in yearly rev­enue, Liu said.

Con­struc­tion on a new sub­way is ex­pected to be­gin in the Sino-Sin­ga­pore Guangzhou Knowl­edge City next year. After it is com­plete, it will take less than eight min­utes to reach the city’s air­port via the non-stop line, he added.

of Guangzhou’s rev­enue in high-tech in­dus­try come from the Guangzhou De­vel­op­ment District


A vis­i­tor takes a selfie with a ser­vice ro­bot at a mak­erspace in the Guangzhou De­vel­op­ment District.

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