What about the IP industry?

I'll take the perspective of intellectual property sales.

Currently, there are two main types of intellectual property industry, one is to do the basic trademarks, soft writings, utility model patents, invention patents, and so on, if there is no fixed customer base, it is difficult to earn money, and it takes time to accumulate.

The other is in addition to the basis of government subsidies to do the project, such as high-tech enterprise subsidies, through the standard subsidies, and so on, more attractive to enterprises, but in fact more pitiful. Generally said that the government has a subsidy program, the need for a few requirements, and a few intellectual property rights, you can get tens of thousands to hundreds of thousands of subsidies. The truth is that there are these subsidies, the district government website can be found in the corresponding policy regulations. But the actual operation is much more difficult than the published regulations. In the case of Shanghai, the requirements and subsidies are different for each district, with District A subsidizing 100,000 and District B subsidizing 200,000 perhaps. It feels good to have Area B, but that's how much money is subsidized each year, and Area B will have to wait longer to get the subsidy.

Why the pitfalls? Because now a lot of intellectual property companies are playing rubbish, the set is that your company can take this hundreds of thousands of subsidies to help you get this subsidy is also to charge, but can get subsidies and then pay, the first as long as you spend a few thousand to do a soft or patents, and so on, counting is very cost-effective, but in reality, really get the subsidies are far more than the intellectual property rights of the company and the signing of the bill is a lot less. Anyway, for intellectual property companies have nothing to lose, and confiscate the money you get subsidies, the cost of the basic project is normal, there is a kind of fool you to buy the feeling of abduction. As far as I know, some of the largest companies in this industry are so, the following also follow suit, resulting in the entire industry water is very deep, but did not violate the law, I said these also hope that in the future, China's laws in this area can be more perfect.