HAIKOU, January 18. /TASS/. The Hainan authorities have adopted a package of measures aimed at strengthening the protection of intellectual property rights in the island's free trade port, reported the China Daily.
"We will enhance the protection of intellectual property in some key sectors of Hainan's free trade port, in particular, in the fields of crop production, medicine, digital technology, space exploration," the newspaper quoted the deputy chairman of the Superior People's Court of the province Chen Wenping as saying. According to the official, the measures will also affect the field of innovation and AI (artificial intelligence), developments in biology, the service sector, and high technologies.
"We will also boost the development and improvement of patent protection rules," the official added.
The Chinese authorities established a specialized intellectual rights court in the southern Chinese province of Hainan at the beginning of 2021, Xinhua reported earlier.
The new court will deal with civil, administrative and criminal cases for the protection of intellectual property rights in the Hainan province. In particular, litigation will be conducted regarding cases related to patents, secret technologies, computer software, new plant varieties, integrated circuits and trademarks. According to the authorities, this specialized body will strengthen the protection of intellectual property rights in the province, create an even more favorable business climate and contribute to the creation of Hainan's free trade port.
On June 1, the Central Committee of the Chinese Communist Party and the State Council published the General Development Program for Hainan's Free Trade Port, according to which an effective mechanism to stimulate sustainable and long-term growth should be finally formed in Hainan by 2025. It is expected that thanks to new methods, many of which are being introduced in China for the first time, the province will be able to fulfill a number of key socio-economic tasks necessary to form a powerful financial and economic center in the country’s south. It is assumed that by 2035 both the economic and innovative potential of this region will be maximized, and it will become one of the most attractive places for international investors.