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
- 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 firstname.lastname@example.org or 312.832.4506.