In: Economics
Describe China's regulations to protect intellectual property, such as brand names, copyrights patents, software, music, videos?
There are different regulations in China that protect intellectual property of different nature. The first such regulation is PRC Patent Law of 1984. It issues patent for the inventions, creations, innovative designs and utility models after proper evaluation of the application. Attention is given to the novelty or benefits to be given by the new inventions and designs among the others. It is a comprehensive regulation that has been strengthened with amendments in 1992, 2000 and 2008. The second regulation is PRC trademark law of 1984. It gives exclusive rights to the trademark upon the proper verification of the applications. With due process, it is approved and registered by (SAIC) State Administration for industry and commerce and trademark rights are granted. It got necessary amendments in 1993, 2001 and 2014. Third regulation is PRC Copyright law of 1990 that grants copyrights to the creative works of different nature once the application is received and evaluated. This regulation is in accordance with the Berne convention that focuses to give copyrights to those who make creative works and protect them.