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50 million yuan in intellectual properties traded in Shanghai last year
8/5/2007 16:12

Winny Wang/ Shanghai Daily news

Shanghai has become the most important intellectual property trade center in the Asia-Pacific area with more than 50 million yuan of intellectual property traded last year, soaring 74 percent from a year earlier.

About 80 percent of the worldĄŻs leading intellectual property producers traded in Shanghai.

Chinese markets traded more integrated circuits than other countries last year, and Shanghai accounted of 40 percent.

Shanghai SIP Exchange, a public service platform, became the only authorized partner of OCP-IP, which has attracted a lot of international giants to trade integrated circuits.

The trade of intellectual property helps companies speed up innovation and saves money. The trade platform sees a growth of 300 intellectual properties every season.