Intellectual property minister Baroness Wilcox signed a new Memorandum of Understanding on copyright with Liu Binjie, China’s minister of National Copyright Administration, on 3 September.
Baroness Wilcox said: ‘This agreement will see our two nations work together to improve the prospects for businesses in both countries.
‘UK firms will be helped to understand and therefore access the Chinese market. The agreement will also help develop ways of protecting companies in both countries from missing out on the benefits of their creativity through piracy and counterfeiting.
‘This government is committed to helping British companies export and this agreement is part of efforts to help firms grow overseas.’
Under the terms of the Memorandum of Understanding, the two countries will share ideas and best practice while promoting the importance of intellectual property.
‘This is the latest in a series of developments helping to position China as a safe trading ground for innovators,’ said Adrian Tombling, patent attorney at Withers & Rogers. ‘In October last year the National People’s Congress announced amendments to the country’s IP regime, bringing it into line with the TRIPs agreement, established by the World Trade Organisation.’
Red Bull makes hydrogen fuel cell play with AVL
Formula 1 is an anachronistic anomaly where its only cutting edge is in engine development. The rules prohibit any real innovation and there would be...