What are the overall changes in the newly issued IPR transfer measures?

June 05, 2018 | BY

Susan Mok

The article discusses and analyzes the legal implicationsand considerations of the new regulations for foreigninvestors seeking clarification on status and transfer ofintellectual property rights in China under the old andnew laws.

 

THE TREND

According to WIPO, China has overtaken Japan claiming second place with the most number of applications under the Patent Cooperation Treaty (PCT) in the past year. In 2017, the number of US-based applicants reached 56,624, followed by China at 48,882 and Japan at 48,208. Another positive statistic from the State Administration of Foreign Exchange reveals the volume of trade of Chinese intellectual property royalties totaled to US$33.384 billion in 2017, which is a 32.7% increase from 2016.

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