HK to strengthen legal and IP frameworks
Hong Kong will strengthen its legal and intellectual property (IP) frameworks under the city’s first five-year plan, Chief Executive John Lee said on Wednesday, in a bid to support innovation and regional dispute resolution. Lee said Hong Kong, as an international legal and dispute resolution services centre, would continue to improve its litigation, arbitration and mediation services. "We will…
Hong Kong is set to bolster its legal and intellectual property (IP) frameworks as part of the city's inaugural five-year plan, according to Chief Executive John Lee. The aim is to bolster innovation and enhance regional dispute resolution capabilities. Lee emphasized that Hong Kong, being a key player in international legal and dispute resolution services, intends to further enhance its litigation, arbitration, and mediation services.
In line with this, the city plans to foster convergence of rules and protocols within the Greater Bay Area, positioning itself as the hub for mediation. Regarding intellectual property, Lee revealed that the government will revamp the city's IP regime and pursue patent-system reforms to stimulate innovation. Specifically, the administration plans to introduce more facilitation measures for original grant patents, aiming to bolster examination services' capacity in this area. Furthermore, Lee announced the establishment of an IP academy to cultivate necessary talent.
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