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Archived updates for Monday, April 18, 2005

Shanghai to Open I/P Exchange

According to the April 14, 2005 Shanghai Daily news, a patent exchange center will open in the city on April 25, allowing companies and individuals to buy and sell patented ideas, the city government announced yesterday.

The Shanghai Patent Exchange Center will be the first facility of its kind in the city. "The center aims to quicken the steps of sharing and industrializing local patents," Gu Yonghua, a spokesman for the Shanghai Intellectual Property Administration, said yesterday.

The new center will be located at 2310 Yangshupu Road, home to the city's Intellectual Property Park. An exhibition center for displaying newly patented products will also open its door at the site this month. "Many patented products and ideas can be used more efficiently if they are introduced to the public," Gu said.
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