More than 140 German investors have established their invested companies in Taichang, making it the most German- intensive investment destination in the Jiangsu province.
Recently, the local intellectual property office of Taicang carried out a survey among those German-Invested companies. The survey was sent to 100 companies, of which 58 responded.
Patents, trademarks and copyrights infringement and trade secret issues cause concern among foreign investors who want to transfer core technologies into China, according to a survey.
The Survey results show that only 17 companies, less than one third of the total 58 respondents, have applied for patents in China.
Of the 17 that did file applications, 11 were granted a total of 30 patents – seven for designs and 23 for utility models, a form of patent that legally protects rights to a product’s shape and structure.
Cutting the investigation costs for collecting evidence, a requirement for filing an intellectual property infringement case, and shortening the time for patent application examination were other needs cited by survey respondents.
IP is one of Lehman, Lee & Xu’s founding and core practices. Our dedicated IP department deals with applications, and enforcement of patents, trademarks and copyright matters. Our commitment to one of our core practices is highlighted by our successful representation of clients, which recently included the Chinese branch of American online retailer Newegg.com Inc. Additionally, we strive to keep our clients and interested parties updated with IPR related news, and updates via our China IP Insights Newsletter. For further information on the scope of our IP services, or to subscribe to our IP newsletter please email mail@lehmanlaw.com.