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Thursday, March 22, 2001, updated at 16:16(GMT+8)
Business  

Northwest China's First Property Right Exchange to Open

Northwest China's first technology property right exchange will be established in this capital city of Shannxi Province in early April.

To be traded on the non-profitable exchange will be research findings, proper rights acquired via investments in such findings or venture capital investments, and other types of technology property rights.

The exchange will introduce the membership system. In the early period it will take in 60 members, primarily enterprises, universities, research institutes, investment companies and other economic entities.

The holders of research findings can sell their findings as commodities through exchange members.

So far, construction of the trading hall covering 1,100 square meters has been completed. In place have been various kinds of equipment and facilities, as well as software for information release.

The establishment of the market is expected to facilitate the application of research finding to production and speed up the development of high-tech enterprises.







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Northwest China's first technology property right exchange will be established in this capital city of Shannxi Province in early April.

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