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Fujian: 1 million yuan rewards

2012/11/15

The government of the provincial capital Fuzhou recently unveiled plans to promote trademarks by offering 1 million yuan ($160,000) to local companies if they acquire a well-known trademark and 50,000-yuan awards for provincial level famous trademark. 

The city government also established an annual fund of 2 million yuan to develop local brands and protect trademark rights. As well, famous local brands will have priority in government procurement. 

(Source:Fujian Daily)




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