Essay about China 's Intellectual Property Protection

1642 Words Dec 16th, 2016 7 Pages
Recently, China has become more encouraging of innovation through increased enforcement of intellectual property rights. To solidify its position in the global intellectual property market, China joined WIPO in 1980 and the Paris Convention on Industrial Property in 1985. Additionally, China signed the Patent Cooperation Treaty in 1994, registered all trademarks with the International Bureau of the World Intellectual Property Organization (WIPO) in 1990, and became a member of the World Trade Organization (WTO) in 2001.15 To comply with the requirements of the international agreements, China has amended its IP laws and regulations. However, China continues to lack full implementations of such laws, which creates the opportunity for counterfeiters to exploit.
Chinese political culture has had a long-standing history of collectivism rather than individualism. Even today, state intellectual property offices and its branches are the key IP law implementing agents compared to national offices. However, like the western world, China now allows for the protection of intellectual assets by patents, administrative regulations, trademarks, copyrights, and trade secrets. The core intellectual property protection of pharmaceuticals in China is through the implementation of patent laws and regulations. Patent law has become the most important for drug IP protection, and China has adopted the international standard of novelty examination to conduct pharmaceutical patent review and…

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