BEIJING - The title of today's post has little to do (well..in some way) with the first couple of paragraphs to follow, and I did not separate the posts because it just makes more sense like this.
Yesterday the European Chamber of Commerce (EUCCC) and the American one (AMCHAM) organized an event on the new Chinese Patent Law (CPL) that was promulgated in 2008 but entered into force on 1 October 2009 replacing its 2001 edition (the new Implementing Regulations and Inspection Guidelinies consequently entered into force week earlier this week on Monday 1 Februrary), called New Chinese Patent Law and the Impact on Business. Also SIPO's Commissioner Tian Lipu was there for his key note opening speech and other paramount figures took the floor, alternatively with experts from the industry and scholars.
There are very positive innovations in the new CPL: Accordingly, hereby not complete and in no order of importance, rather, of appearance: New absolute novelty requirement; higher treshold for granting procedure and examination; harsh (but fair) raise of statutory damages and penalties award (soaring penelties to 400% of the illicit profit and, also if no illicit profit has occurred, damages payments now go to 200'000RMB, aka. roughly 19'500 Euro - all depending on the kind of patent infringed, the nature of the infringement and, again, on the value). Moreover, design patents will face a harder examination, and designs such as beer or soft drink bottles or wine labels can no longer be awarded design patents; etc.
Also, in the recently baked CPL some drawbacks are showing, but which new law goes without? Will name just very very few, as the new CPL unfolds over businesses and as I consider myself less than an amateur on this: There are grey zones about compulsory licences and the levels of disclosure, especially in the medical field (where developing countries such as China may request medical patents for free in light of TRIPS articles 4, 5(b) and (c), but where it could also be a great promoter and distributor of medical supplies and medicines, given its enormous productive power, new to no one); some further concerns regarding overall expenditures that might be costly for the Country's R&D funds and resources (see FP7 reports on how China had been doing in the last years), etc.
So, when all this was over, I considered how China has been in the spotlight for quite some years now, but from a more distant and global perspective. Definitely not a comprehensive analysis because it is unwieldy but it is still a tenable argument:
In a nutshell, take these elements and combine them at will: entry in the WTO in 2001, major movies in western theatres, the Olympics, the upcoming Shanghai World Expo, the years of the Ox (2009) and the one of the forthcoming Tiger (both, animals of outstanding strenght and dominance), new laws, more and more writers and artists making it to the headlines etc. I recogn this is the big - but necessary - picture, despite negative facts we shall all be aware of). One must admit that each year now more and more factors contribute China to be in an outstanding position. I just hope they will be able to be as energetic, united and effective to fight back some evil consequences such as environment, standards, IP issues, politics and domestic problems. Now add some more of your own and there you go. Draw your own conclusions.
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