China launched first state-level investment fund to help medium and small-sized enterprises develop their own intellectual property rights (IPR) on Monday.
With an initial size of 100 million yuan, the fund will be mainly invested in the SMEs planning to get listed on China's Over-the-Counter (OTC) stock market. The fund will help them efficiently develop IPRs and grasp core technologies so as to achieve a leading position in their own industries in the future.
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