Legislation roundup: Patents, private funds and construction project design
March 09, 2017 | BY
Katherine Jo &clp articles &SIPO has improved patent examination guidelines to accommodate new technology, AMAC has set registration requirements for private fund service firms and barriers to participation have been removed for foreign construction design companies
Intellectual Property
State Intellectual Property Office, Decision on Amending the <Patent Examination Guidelines>
If a claim involving a business model includes both content on business rules and method, on the one hand, and technical features, on the other hand, the possibility for obtaining a patent therefor shall not be precluded based on Article 25 of the Patent Law.
See the digest for more details.
Further reading
Private Funds
Asset Management Association of China, Measures for the Administration of Private Investment Fund Service Business (Trial Implementation)
A firm that applies to engage in the provision of private fund unit registration services, fund valuation and accounting services or information technology system services shall have a good business position, and those that wish to engage in the provision of private fund unit registration services or information technology system services shall have paid-in capital of not less than Rmb50 million.
See the digest for more details.
Further reading
Construction
Ministry of Housing and Urban-rural Development, Measures for the Administration of the Invitation for, and Submission of, Bids for Construction Project Design
The revised Measures abolishes the provisions on the record filing and review of bid invitation documentation, and abolishes the provisions on the examination and approval of bid submissions for participation in domestic construction project design by foreign design entities.
See the digest for more details.
Further reading
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now