China supports foreign applications for patent protection of SMEs

2010/07/09

Secretary General of China Intellectual Property Research Institution Zhang Yuncai said in an interview that many China's governmental departments are cooperating to support the SMEs to apply the patent protection in foreign countries, and provide the safeguards of policy, laws and finance for the overseas IPR maintenance of Chinese enterprises.
  
Zhang Yuncai introduced that, China has set up about 50 overseas IPR maintenance center in each province and city. In order to solve the capital problem of SMEs, China's department of finance will allocate special funds with 100 million yuan to aid SMEs to apply foreign patent.

Zhang expressed that, in recent years, China's IP legal system continuously moved closer to related international laws and regulations, and now has not lagged behind the developed countries. Meanwhile, China's ability on patent administrative law enforcement was continuously enhanced which provided favorable IP environment for the investment, trade and R&D of foreign invested enterprises.
                                                                                                 Source:IPR in China