Heilongjiang: Increased Rewards for Innovation

2014/12/15

The provincial IP and finance administrations jointly issued next year's innovation incentive policies, which included increased awards for newly authorized patents and valid invention patents by local organizations and individuals. The award for an invention patent that is valid for three to five years will double from 2,000 yuan ($324), and the award for a utility model or design patent will increase from 400 yuan to 500 yuan.


(Source: China Daily)