Chinese Intellectual Property News – July 2013

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Hello everyone! Our friends at AFD China recently released their monthly newsletter.  Please see below for the highlights from the July edition:

  • China issued a development report, marking the fifth anniversary of the implementation of the National IP Strategy.  The report showed an upward trend in efficiency and development for the country.
  • Spending and research by the Chinese is increasing and solidifying the country as a major competitor in the global marketplace, only second to the United States.
  • There has been an increase in Intellectual Property Lawsuits involving overseas corporations from January to May of this year.  Last year, only 1.7% of lawsuits were foreign,  while 2% of 504 lawsuits involved overseas companies for the first 5 months of 2013. 
  • As this article explains, China has some of the strictest intellectual property laws anywhere in the world.  However, enforcement and implementation of these laws still poses a problem.
  • China has toughened their policies relating to trademark infringement, as steeper fines will be issued to violators. 
  • Lastly, the 6th IP5 Meeting was held in the United States from June 3-5th.  Heads from China, the United States, Europe, Japan and South Korea discussed the latest developments and next steps for the five offices.

Thanks again to our colleagues at AFD China for issuing this very informative newsletter.  Also, for more updates relating to foreign patent filing please follow us on Twitter @inoviaIP.