The State Intellectual Property Office has released a 16-page IP management standard for businesses, aiming to improve the way businesses manage their IP on 1 March 2013. The 16- page document outlines goals which businesses must achieve across a number of areas including IP management system and documentation, management personnel, resource management, implementation and operation. The standard provides 60 basic indicators and 23 advanced indicators against which all businesses seeking certification will be assessed. Further, SIPO has announced that guidance on meeting the standards, which will provide more practical advice for IP managers is to be published shortly.