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By the end of 2022, the processing time for an invention patent application will be cut to 16.5 months and that for a high-value patent application to about 13.8 months, the National Intellectual Property Administration said in a recent statement. In addition, the average time for reviewing a trademark application will also be reduced to within four months－the fastest worldwide, according to the statement.

By now, the convention has cooperated with organizations from countries including the US, Russia and Germany to promote integration and upgrades to the world's IoT industry.

By the end of 2019, the outstanding balance of insurance asset management products amounted to 2.76 trillion yuan. Among the total, the balance of debt investment plans reached 1.27 trillion yuan, the balance of equity investment plans was 120 billion yuan, and the balance of portfolio insurance asset management products was 1.37 trillion yuan.

CHANGSHA —  China will export 20 hybrid shunting locomotives to Germany, according to the exporter CRRC Zhuzhou Locomotive Co Ltd on Saturday.

By noon Wednesday, the Chinese banking sector had offered credit support of over 1.76 trillion yuan to facilitate enterprises fighting the epidemic, the China Banking Association said.