Turning the Corner? Protecting Innovation and Investment in China's Rapidly Evolving Business Landscape (Milwaukee, WI)
October 22, 2009
The implementation of the Third Amendment to the Chinese Patent Law signifies China’s desire to create a business environment that provides stronger IP protection aimed at promoting foreign investment, innovation, and business expansion.
Foley and Deloitte recently presented the Global Marketplace — Eye on China: Roundtable Series, which explored how international companies investing in and locating new business, technology, and cutting-edge R&D in China can benefit from China’s strengthened IP laws — as well as changes in tax and business regulations — to harness, protect, and grow their business assets in China.
Specific topics included:
- Challenges and opportunities arising from the Third Amendment
- New opportunities for U.S. IP holders resulting from increased cooperation between the United States and China
- General strategies for protecting IP in China
- Protecting IP through nondisclosure agreements and non-compete agreements
- The impact of IP-related incentives on corporate decisions to locate in China
- New opportunities and challenges in Chinese markets, including rising costs, increasing talent, and burgeoning consumer markets
- Chinese enterprise income tax reform, business tax updates, and technology-related tax incentives
- China’s changing role for manufacturers
Panelists
- Phil Schneider, Principal, Deloitte Consulting LLP
- Lillian Xiao, Senior Manager, Deloitte Tax LLP
- Jon Dudas, Foley IP Litigation Partner and former Under Secretary of Commerce for Intellectual Property and Director of the USPTO
- Julie Lee, Foley Partner and member of the firm’s Tax & Employee Benefits and International Practices and the Automotive and Energy Industry Teams
- Jeffrey S. Gundersen, Foley IP Senior Counsel
- Catherine Sun, Foley Shanghai Office Managing Partner and Asia Practice Chair
For more information, contact Delia Dai at [email protected] or 312.832.4506.
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