Government Plans To Support Eligible Industrial Design Enterprises

The Ministry of Industry and Information Technology (MIIT) and 10 other central authorities have jointly announced their “

Guiding Opinions on Advancing the Development of Industrial Designs

”, stating that eligible industrial design enterprises will be supported in financing themselves in both local and foreign capital markets. Enterprises engaging in venture capital business are encouraged to make investment in this industry. According to the Opinions, by 2015 the development of the industry and level of service quality are expected to have improved significantly. It is also expected that there will be 3-5 leading enterprises with international competitive power to assist the country in developing 5-10 cost-effective national model industrial design zones.

Edward E, Lehman, Managing Director of Lehman, Lee & Xu, commented that, “design is a organic integration of Science, Technology, Culture and Art”. Design is associated with all aspects of design education, industrial development, manufacturing application problems, intellectual property protection issues. Therefore the industrial design aroused wide attention from 11 ministries and commissions.

Lehman, Lee & Xu is a prominent Chinese corporate law firm and trademark and patent agency with offices in Beijing, Shanghai, Shenzhen, Hong Kong, Macau, and Mongolia. The firm has also been recognized as one of the top full service and intellectual property firms in China by several international magazines. The law firm is managed by Mr. Edward Lehman, a leading expert on corporate law with 20 years of practice experience in Mainland China.

To learn more about us, please visit our website at

www.lehmanlaw.com

.

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