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Capitalising on the National 14th Five Year Plan, the Hong Kong government hopes to achieve its ambition to develop the city as a regional IP trading centre. In 2020, the IP department introduced a patent grant system, which has substantially strengthened its examination capability. Since then, it has negotiated with mainland authorities to broaden the scope of the application of the Patent Cooperation Treaty and extend other major international IP treaties to Hong Kong. Meanwhile, mainland Chinese entities significantly boosted their re-registrations in Hong Kong, from 1,740 in 2019 to 6,624 within 12 months, largely due to state subsidies. With the new IP policies in line, the outlook for Hong Kong’s patent environment only enthuses IP practitioners and patent owners alike.
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