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 plans to bolster its legal and intellectual property (IP) frameworks as part of the city's first five-year plan, according to Chief Executive John Lee. Lee stated that the aim is to foster innovation and facilitate regional dispute resolution. As an international hub for legal and dispute resolution services, Hong Kong will continue to enhance its litigation, arbitration, and mediation services.
Moreover, the city will strive to align rules and protocols across the Greater Bay Area, positioning itself as the center for mediation. Regarding IP, Lee confirmed that the government intends to refine the city's IP regime and pursue patent-system reforms to bolster innovation. He elaborated on the need for expedited facilitation arrangements in the examination process for original grant patents. Additionally, Lee announced the establishment of an IP academy to cultivate talent in the field.
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