Xiamen Introduces IPR Support Policy

On April 26, Xiamen launched the first nationwide  "Full Coverage" IPR Support and Incentive Policy, within the scope of patents, trademarks, copyrights, integrated circuit design, geographic indication and new plant varieties.
The main policy components include: 
  • Expanding the scope of overseas IPR registration subsidies to include the EU, US, and Japan as well as South Korea and Australia
  • Establishing an IPR finance center to encourage IP financing
  • Creating a risk compensation system for IPR ventures
  • Creating a subsidy system for overseas IPR protection