Mapping the future of IP in China
China's economy is fast developing - and many people fear that IP protection cannot keep up. International investors are concerned about effective enforcement, while domestic companies seek a strong environment for developing IP rights and negotiating on issues such as standards. MIP and Finnegan Henderson jointly hosted a roundtable discussion in Beijing last month to discuss how these issues can be addressed. Read the full, unabridged transcript exclusively here on managingip.com.
JN: What is the National IP Strategy?
WXK: It's a very good question to ask: what is China's IP strategy? Each country has its own IP strategy at each specific time. China really feels it is in need of this IP strategy at this time. The most pressing objective is to raise the awareness of the broad masses of China about what IPR is and the need to respect IPR. The IP system is not born within Chinese society, because it can only be grown in a commodity society. It has developed in China only gradually.
In the late 1970s China began to open up to the world, to build its market economy and its IP system. In the first 20 years, the broad masses of China did not know much about IP. Despite WTO membership, they still do not know much about the essence of the IP system...
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