Chongchuan district and Nantong University agreed to strengthen cooperation with each other in the application of intellectual property, the commercialization of technological achievements, the cultivation of high-value patents, and more at a conference on June 10.

Since Zhang Jian, a renowned local industrialist and academic, founded Nantong University in 1912, it has been using its knowledge to contribute to society and endeavoring to turn intellectual property into productivity.

The university was granted 260 patents of invention in 2019 and also issued a series of plans on patent management in order to stimulate innovation.

This year, Nantong University and Chongchuan district have received approval to undertake two provincial projects related to high-valued patents, costing around 8 million yuan ($1.13 million) in total. In recent years, Nantong University has developed strong innovation capabilities with increasing indexes for high-quality patents. 

In addition, the district's market supervision bureau has created an integrated management model through cooperation between the university, the local government, and enterprises in accordance with the intellectual property strategy of Chongchuan to contribute to the district's high-quality development.