China’s new Intellectual Property (IP) Court will bring much needed subject matter expertise to adjudicate technical IP cases between foreign and domestic companies when it begins operations January 1.
China Market Intelligence
Following Presidents Donald Trump and Xi Jinping’s meeting at the G20, China’s government appeared to address key US concerns around intellectual property rights (IPR) in several announcements.
Various efforts are underway to preserve the WTO by reforming it, but none yet have backing from both China and the United States, the two parties whose support is most critical if reforms are to move forward.
China’s anti-monopoly regulators have been reorganized under a single agency to increase efficiency and reduce bureaucratic overlap.
The US-China Business Council (USCBC) and several other trade associations submitted joint comments on provisions regarding personal information and data privacy protection in China’s
USCBC’s 2018 Member Survey found that China’s intellectual property rights (IPR) protection environment remains generally unchanged from previous years, but slowly improving.
The 13th Five-Year Plan called for the yuan to be fully convertible by 2020. Such a move would increase liquidity and allow the market to play a greater role in investment decisions.