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Since the enactment of China's patent law in 1985, patent filings surged, fueled by government subsidies and tax incentives. However, these policies led to a proliferation of low-quality patents filed primarily to obtain financial benefits. In response, China has announced a complete phase-out of patent subsidies, sig…
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China Moves to Eliminate Patent Subsidies Amid Shift Toward Quality Over Quantity Since the enactment of China's patent law in 1985, patent filings surged, fueled by government subsidies and tax incentives. However, these policies led to a proliferation of low-quality patents filed primarily to obtai... Read the full IIPLA article: https://iipla.org/news/china-moves-to-eliminate-patent-subsidies-amid-shift-toward-quality-over-quantity