Trade secrets violators now face up to a 3 million yuan ($460,970) statutory fine, after the revised Anti-unfair Competition Law came into effect on Monday. "Tough crackdowns on trade secrets breaches will help to create a business-friendly environment and promote businesses' healthy and sustained growth," Sun Jia'en, a legal expert in the field, told China Intellectual Property News. Trade se

According to the report of Japanese media,2016 World Intellectual Property Statistic Data released by the WorldIntellectual Property Organization (WIPO) reveals that China has ranked first globally in the number of patent applications for 6 years in succession. The total number of global patentapplications increased by 8.3% (namely, reaching 3.13 million), creating arecord high. The number of China’s patent

United States Patent and Trademark Office has published final rules increasing certain fees relating to patent examination and post grant proceedings. The new fees generally will be effective on January 16, 2018 (Please click here to see the revised USPTO Fee Schedule). The changes announced for the most common fees include: Utility Patents: The USPTO announced small increases in fees for utility applications. The