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Hebei: Target in Sight

2014/04/10

Tangshan has maintained rapid growth in bank loans using patents as collateral. So far this year local banks have granted 43 million yuan ($6.9 million) in combined loans, approaching the annual goal of 45 million yuan set by the provincial government. In the past three years the city's government started policies and organized bank-company matchmaking to promote the patent pledge and support patent commercialization of small tech businesses.


(Source: China Daily)




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