China to develop new materials industry during next five years

China to develop new materials industry during next five years


The "12th Five-year Plan" for New Materials Industry, jointly carried out by the State Development and Reform Commission (SDRC) and the Ministry of Industry and Commerce, will  be soon released, said a spokesman of the SDRC. The Plan highlights indigenous innovation and the development of new materials industry owning indigenous intellectual property in the period of the "12th Five-year Plan".  

According to the Plan, a special fund will be set for the new materials industry to support its development. A sound investing and financing insurance system will also be established to encourage non-state capital investing new materials industry. The goal is to establish a large-scale and well-equipped new materials industry with self-renovation capability and indigenous intellectual property as of 2015.

Source:IPR in China

People watch

It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.