New Changes, New Possibilities: China’s Latest Patent Law Amendments
Authors: Ronald Yu & Kenneth Yip
GRUR International, Volume 70, Issue 5, May 2021, Pages 486–489
Abstract: New amendments to China’s Patent Law feature open licensing which should encourage the use of patents, and promote the more rapid broadcast and dissemination of new technology. They should also offer the possibility of greater transactional visibility, transparency and traceability which has important ramifications for IP valuation and reporting in IPOs, annual and other reports. Other provisions underscore China’s efforts to improve its patent system by introducing new protections for patent holders, mechanisms to reduce abuse, provisions to strengthen patent-related public services and promote the use of patents. There are also a number of changes that should interest pharmaceutical companies, patent litigants, patent holders and app developers.
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