China has announced a new strategy that will see its intellectual property laws revised. This development will be closely watched to see if this affords foreign rights holders better methods of policing their rights in China. It is also a sign of the country's increasing confidence in its own new technology. China appears to be gearing up to re-position itself on the world's stage as an innovator of intellectual property rather than merely a major source of of poor quality infringements. Mind you, it will be interesting to see just how the Chinese Health Ministry intends to protect "the patents" of traditional Chinese medicine when the medicine in question must surely be un-patentable by virtue of the fact that it is traditional.
Comments