China to tighten examination of IPR transfer abroad

Updated 2018-01-24 00:23:00 Xinhua

China will tighten the examination of transferring intellectual property rights (IPR) to foreigners, particularly those concerning state security, according to a regulation passed Tuesday.

The regulation was adopted at the second meeting of the Leading Group for Deepening Overall Reform of the 19th Communist Party of China Central Committee and will be put on a trial run.

Chinese individuals and organizations, who would like to sell their IPR to foreign counterparts, will be subject to strict review and cases concerning state security will be under stricter supervision, according to the regulation.

The procedure, extent and mechanism of such reviews will be tightened.

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