China tightens rules on transferring tech know-how

March 30, 2018
The intellectual property guidelines aim to 'safeguard national security and major public interests'

China has issued new guidelines on transferring intellectual property rights from Chinese firms or individuals to foreign investors, as global tensions rise over technology theft.

The instructions made public by the State Council on Thursday stipulate that IP rights related to integrated circuits, computer software copyrights and new plant breeds will be reviewed by the government before any overseas transfers.

The guidelines aim to "safeguard and major public interests", the council said.

"The introduction of the guideline is an important move to protect national security," Zhang Zhicheng, officer at the State Intellectual Property Office of China told the state-run China Daily newspaper.

This move also complies with international rules, Zhang told China Daily, citing "similar review systems in the EU and Japan".

US President Donald Trump has announced new tariffs on Chinese imports over the "theft" of , fuelling fears of a looming trade war.

Explore further: Survey: US firms losing confidence in China business climate

Related Stories

US and China agree to stop cyber-theft for profit

September 25, 2015

The United States and China have agreed not to conduct or condone cyber attacks on each other's private sector for commercial gain, US President Barack Obama and his counterpart Xi Jinping said Friday.

UN agency: China has explosive growth in patent applications

March 15, 2017

The U.N.'s intellectual property agency says China is showing "quite extraordinary" growth in international patent applications, putting Chinese applicants on track to outpace their U.S. counterparts within two to three years.

Recommended for you

A novel approach of improving battery performance

September 18, 2018

New technological developments by UNIST researchers promise to significantly boost the performance of lithium metal batteries in promising research for the next-generation of rechargeable batteries. The study also validates ...

Germany rolls out world's first hydrogen train

September 17, 2018

Germany on Monday rolled out the world's first hydrogen-powered train, signalling the start of a push to challenge the might of polluting diesel trains with costlier but more eco-friendly technology.

Technology streamlines computational science projects

September 15, 2018

Since designing and launching a specialized workflow management system in 2010, a research team from the US Department of Energy's Oak Ridge National Laboratory has continuously updated the technology to help computational ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.