City's high-tech export on rise
12/12/2003 16:39
Shanghai's export of high-tech products, which account for nearly
one-third of the city’s total exports, has continued to soar and reached US$12.9
billion yuan in the first 10 months. The volume is also a year-on-year jump of
220 percent, according to Shanghai Science & Technology Commission.
The
Dean of the commission attributed the fast growth to the city's implementation
of a series of science-encouraging measures, such as the Science Progress Law,
which was enacted in 1993.
In this 10 year period, he said the export of
high-tech products out of the city's total export has increased by 19 percentage
points.
The growth has been echoed by a growing volume of applications for
Intellectual Property Rights in Shanghai.
From January to October, 4,797 IPR
applications were submitted for new inventions, a year-on-year rise of 64
percent which surpasses the total for last year.
707 of these applications
have been approved, more than double the total for last year.
In the first
10 months, a total of 14,841 innovations and inventions have been granted IPRs
in Shanghai.
Jane Chen / Shanghai Daily news
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