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China to End Financial Aid for Patents by 2025 – Xinhua

Financial assistance for licensing should be reduced every year until cancelled by 2025, according to China’s patent registration office

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Geely is launching a new premium electric and hybrid car brand.

China plans to stop all patent subsidies by 2025 to help shift its intellectual property focus from quantity to quality, Xinhua reported.

All types of financial aid for patent licensing should be reduced every year until they are cancelled by 2025, according to the China National Intellectual Property Administration.

Read the full report: Xinhua.




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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.


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