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Beijing E-Town wins 5 patent awards

Mar 27, 2017 (China Knowledge) - The 4th Beijing Invention Award Presentation Conference was held in Beijing International Hotel on Mar 9. Beijing E-Town's five enterprises including BOE and SMIC won 5 invention patent awards at the event.

 

The invention patent award is a special reward set for invention with significant economic and social benefits in the city by the Beijing municipal government. The conference is held every two years and the grand prize is worth RMB 1 million, the first prize with bonus is RMB 200,000, the second prize RMB 100,000 and the third prize RMB 50,000.

 

Each of these five award-winning enterprises in Beijing E-Town have applied for many other patents. As of Mar 2017, BOE has submitted over 23,000 patent applications with the State Intellectual Property Office and 13,137 of which were approved and authorized. Meanwhile, SMIC had more than 12,000 patents.

 

Innovation and original invention are keys to China’s economic transition, and often emphasized from the highest official level to local governments since President Xi Jinping took office.







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