China: China provides international companies with strong intellectual property protection
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The China International Fair for Trade in Services (CIFTS) 2020, which runs from September 5 to 9, has played an effective role in promoting the stable development of foreign trade and foreign investment.
Mr. Chuanhong Long, Vice President of Patent and Trademark Law Office of CCPIT, told the China Daily reporter that since the establishment of the intellectual property protection system, China has continuously improved the protection of intellectual property rights for innovative entities, including patent protection for foreign enterprises, and made remarkable achievements.
Strong measures have been taken to protect the intellectual property rights of international companies doing business in China.
It is clearly stated in the Foreign Investment Law, adopted in March 2019, that the intellectual property rights of foreign investors and foreign-funded enterprises are protected, that the legitimate rights and interests of intellectual property right holders are protected, and in the event of infringement of intellectual property rights, legal responsibilities should be pursued in strict accordance with the law.
In addition to legal support, intellectual property protection is becoming increasingly practical in technology and practice.
The National Intellectual Property Administration and foreign IP offices have adopted the Patent Prosecution Highway Project to speed up the examination pace of patent applications submitted by foreign applicants and help foreign companies to get patents in China as soon as possible, Long said.
In addition, through WIPO’s “Digital Access Service to Priority Documents”, China’s national intellectual property administration can exchange priority documents electronically with other intellectual property offices through the same platform and foreign applicants do not need to request a priority document from one office and submit to another office, Long said.
During the COVID-19 pandemic, foreign companies can easily apply for patents and trademarks since applicants can submit applications and communicate with examiners electronically and without any physical contact.
The improvement of China’s legal environment in intellectual property protection legislation, justice and administration has provided strong guarantees and confidence for international investors looking at the Chinese market. CIFTS plays an effective role in promoting stable development of foreign trade and foreign investment. Intellectual property professionals can use their knowledge to maximize the value of foreign companies’ intellectual property assets, Long said.
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