A view of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, Oct 15, 2021. (PHOTO / XINHUA)
HONG KONG – The Commerce and Economic Development Bureau of Hong Kong and the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone jointly promulgated 16 measures for the development of the Qianhai Shenzhen-Hong Kong Intellectual Property and Innovation Hub on Thursday.
The measures cover a wide range of areas including cooperation in intellectual property protection, exploitation and transformation, exchange and study, promotion and education, and IP trading, the government said in a statement.
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“The 16 cooperation measures assist Hong Kong IP developers, enterprises and talents to develop their IP-related businesses in Qianhai and explore the business opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area,” said Secretary for Commerce and Economic Development, Algernon Yau.
Hong Kong has a robust IP protection regime, sound legal and judicial systems, sophisticated talents and networks in R&D and quality professional services.
Algernon Yau, Secretary for Commerce and Economic Development, HKSAR
The measures support the IP industries in Qianhai to leverage Hong Kong's unique advantages and platform to connect with the rest of the world for engaging in IP trading activities, he added.
“The 16 cooperation measures will help Hong Kong and Shenzhen jointly promote the development of IP and innovation, further capitalize on Hong Kong's competitive edge as a regional IP trading center, promote the development of IP trading in the GBA and allow Hong Kong to better integrate into the national development.”
Pointing out that Hong Kong has a robust IP protection regime, sound legal and judicial systems, sophisticated talents and networks in research and development and quality professional services, Yau said the special administrative region government has been adopting a multipronged approach to promote the development of IP trading, including to jointly study, examine and implement appropriate measures with the relevant mainland authorities.
According to the government, the CEDB and the Qianhai Authority will establish a mechanism for advancing IP cooperation.
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“A taskforce for advancing Qianhai Shenzhen-Hong Kong IP cooperation will be set up by the Qianhai Authority, together with relevant members of the Joint Conference of Intellectual Property of Shenzhen Municipality, as well as the Intellectual Property Department and the Customs and Excise Department of the HKSAR government, and the Hong Kong Trade Development Council for advancing IP cooperation between the two places,” reads the government statement.