Benefiting from the proximity to mainland China, Hong Kong is establishing itself as the leading IP trading centre in Asia. In its 2022 to 2023 budget, the government has pledged to strengthen its IP regime. A total amount of HK$85 million is allocated to the IP department over the next...
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Benefiting from the proximity to mainland China, Hong Kong is establishing itself as the leading IP trading centre in Asia. In its 2022 to 2023 budget, the government has pledged to strengthen its IP regime. A total amount of HK$85 million is allocated to the IP department over the next three financial years to enhance its capacity to conduct substantive examination in processing original grant patent applications. The government is also set to introduce a bill to amend the Copyright Ordinance and to explore measures to facilitate cross-border IP protection with mainland authorities. The development of Hong Kong IP policies will be further underpinned by the national and regional blueprints.
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