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Newsletters
Deep & Far Newsletter 2022 ©
Oct (2)
The Greater China IP Updates ˇV October 2022 By Lyndon ˇ@ China Issues Notice on Accelerating the Launch of More Effective IP Policies to Promote Steady and Healthy Economic Growth The China National Intellectual Property Administration (CNIPA) has recently announced the above-titled measure to help enterprises out of difficulties through various policies as follows:
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The CNIPA will postpone the collection of annual patent fees. ˇ@ China Holds the First Global Geographical Indications Products Expo and Forum on the China-EU Agreement on Geographical Indications Luzhou City, Sichuan Province recently hosted the abovementioned event which attracted over 600 geographical indication (GI) enterprises from more than 20 countries and regions showcasing more than 1,000 GI products. Investment cooperation in 12 GI products were facilitated and 200 bulk order contracts were signed. As the first Expo of its kind after the China-EU Agreement on Geographical Indications entered into force, the Expo was a significant opportunity for both sides to learn about global GI products. In the year to late June 2022, China has approved a total of 2,493 GI products, certified 6,927 GIs to be registered as collective and certification marks, and authorized about 19,400 market entities to use GI symbols. While Chinaˇ¦s GI industry is taking off, Sino-EU cooperation has also attracted attention in this field. China and the EU launched the pilot project of 10+10 mutual recognition of GIs as long ago as 2007 with the Agreement finally being signed in March 2021. Currently, China and the EU have seen a total of 110 Chinese GIs protected in the EU and 134 EU GIs protected in China through separate applications and pilot mutual recognition agreements. ˇ@ IP Rights Boosted in China Policies that China recently adopted in order to strengthen the protection of intellectual property rights will increase confidence of foreign companies in China. Mei Gechlik, founder and chief executive of the Sinotalks website and an IP industry expert, said that Chinaˇ¦s five-year plan on improving IPR protection is substantial enough to improve the state of judicial protection of intellectual property rights as CNIPA rolls out new measures in the interim. One notable development is the development of the intellectual property adjudication guidance system. As part of that development, Chinaˇ¦s Supreme Peopleˇ¦s Court has issued more than 30 intellectual property-related Guiding Cases over the past decade. Each Guiding Case establishes clear principles about how to apply the various newly-introduced IP laws. In 2021, the Outline of Construction of an IP Powerhouse Country was established, and it sets out targets for Chinaˇ¦s IPR system. One aspect of the plan is to improve the protection of designs as well as tangible products in order to follow the international trends in IPR. While the global economy is facing enormous challenges, China is hoping that, by these measures, foreign businesses will feel confident in making further inward investment. ˇ@ ˇ@ ˇ@ |
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