Tuesday, November 23, 2010

China Launched 10-Year National Patent Development Strategy

During the 4th China Patent Week China launched the National Patent Development Strategy (2011-2020). The strategy focuses on:
  • International cooperation in patent protection and utilisation;
  • preferential policies to encourage R&D by high-tech companies, research institutes and colleges;
  • Overseas IP websites so that foreign companies can check patent info;
  • Establishment of organisations for patent trading in big cities.
To have a long term vision of a decade (the life-span of a utility patent and also design patent and half the life-span of an invention patent) is praiseworthy, although we have to see what the preferential policies exactly entail.

Read Hao Nan's China Daily article here.

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