Provincial fund will support companies going global

Provincial fund will support companies going global


Hunan will establish an IP fund for key industries this year, with total planned capital of 500 million yuan ($76.2 million), according to a provincial IP working conference held on Feb 24. The fund aims to support local companies in fields of rail transportation equipment and engineering machinery to carry out overseas patent layout and operations.

Source: China Daily

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.