China's Indigenous Innovation Policy

Law360, New York (July 6, 2010, 11:45 AM EDT) -- When China announced it would give preferential treatment to indigenous innovation products when awarding government contracts, the program was widely criticized for its potential to be a protectionist tool against foreign business. Little attention was given to the benefit of this program to IP owners and the connection of this program to a much larger government plan, i.e., the 2006 to 2020 National Mid-to-Long Term Science and Technology Development Plan (“the 2020 Plan”), which aims to turn China Inc. into an innovation economy and IP powerhouse....
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