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These changes will have a major impact on both prosecution and enforcement. On october 17, 2020, the standing committee of the national people’s congress in china promulgated the fourth amended patent law of the people’s republic of china, which came into force in its original form in 1985, with subsequent amendments in 1992, 2000, and 2008. The amendments to the law also include an increase in statutory damages, from 10,000 to 1 million yuan ($1,490 to $148,950) to 30,000 to 5 million yuan, and punitive damages for severe infringements, amounting to up to five times the.
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In summary, the revisions made by the fourth amendment to the chinese patent law, effective on june 1, 2021, generally serve the proclaimed purposes of placing greater importance on and. The standing committee of the national people’s congress promulgated a new revision patent law on october 17, 2020. The amendment will come into effect on june 1, 2021.
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On october 17, 2020, the chinese legislature passed the fourth amendment to the china patent law, which will take effect on june 1, 2021.
In the context of strict protection of intellectual property rights, the fourth amendment to the chinese patent law was passed in october 2020, and implemented on june 1, 2021. The law significantly enhances punitive damages for willful infringement (article 71), allowing for 1 to 5 times actual losses, and raises statutory damages up to rmb 5 million. This article provides a detailed review of the changes from the current patent law. The fourth amendment marks the first major change in chinese patent law since 2008.
By stephen yang twelve years from the third amendment of china’s patent law, the fourth amendment was approved by the standing committee of the national people’s congress on october 17, 2020. The amendment will come into effect on. Key amendments include those related to patent terms,. The purpose of the fourth amendment of chinese patent law is mainly to make the chinese patent system more in line with the current technological and economic development in china as well as international cooperative innovation.
It took about 8 years to fulfill this fourth revision of patent law.
Introduction on october 17th, 2020, the 22nd meeting of the standing committee of the 13th national people’s congress of china passed the decision on revising the patent law of the people’s republic of china. The 4th amendment to the chinese patent law was passed on october 17, 2020, and the amended patent law was implemented on june 1, 2021. After more than a decade since previous revision in 2008, the amendment marks. The amendment for the first time.
The newly revised patent law of china will come into force on june 1st, 2021. The new amendment will take effect on june 1, 2021.
