Archive for September, 2018

China’s SIPO Now By Another Name

To paraphrase the Bard: “A rose by any other name smells just as sweet”. Can the same comparison be said for China’s State Intellectual Property Office (SIPO)?
Arguably the world’s most prolific patent office, serving one-sixth of humanity, and protecting innovation in the world’s second largest economy China’s SIPO processed millions of Patent applications each [...]

Published by administrator on September 20th, 2018 tagged China News | Comment now »

Anti-Monopoly Practice in China

Our China lawyers have had several inquiries in recent months that touch on China anti-monopoly laws. This is an interesting emerging area of China legal practice as the regulation and implementation is currently in flux. The China government initiated a broad reorganization program in spring of this year which set out to consolidate the regulatory [...]

Published by administrator on September 19th, 2018 tagged China News | Comment now »

Related news about blockchain at universities

University of Sydney researchers are building a new super-fast, safe blockchain technology that has the potential to revolutionize the global economy. Best known as the technology that underpins Bitcoin and other virtual currencies, blockchain is a digital public ledger where transactions are recorded and confirmed pseudonymously. Named the ‘Red Belly Blockchain’, the new system being [...]

Published by administrator on September 17th, 2018 tagged China News | Comment now »

Beyond its links with Bitcoin and other crypto-currencies, what’re other applications of blockchain that will positively change businesses?

–First in Finance.
Core values of blockchain application in finance: facilitating anti-money laundering and customer identity review. In the exploration of the innovation and use of blockchain, finance is the most important area. Blockchain technology broadly applies in digital money, financial transactions, and Internet of things finance. Take Taobao shopping as an example, the payment process [...]

Published by administrator on September 14th, 2018 tagged China News | Comment now »

China plans to create a better environment to promote the healthy development of the blockchain industry. How important is blockchain industry to future technological development?

There is no question that 2017 has been a very important year in the history of Bitcoin and of digital currencies in general. In mid-November, Bitcoin reached an all-time high exchange rate of $7,800 before retreating by $1,000 as it forked into Bitcoin Gold, the second digital token issued this year due to a lack [...]

Published by administrator on September 13th, 2018 tagged China News | Comment now »

What is the blockchain technology?

Blockchain is a transparent and verifiable system that will change the way people think about exchanging value and assets, enforcing contracts, and sharing data. The technology is a shared, secure ledger of transactions distributed among a network of computers, rather than resting with a single provider. Businesses are using blockchain as a common data layer [...]

Published by administrator on September 12th, 2018 tagged China News | Comment now »

China’s Struggle to Fund Small Business

In a speech Monday August 21, 2018, Chinese Vice Premier Liu He publicly called for increased financial support for small and medium sized enterprises (SMEs) in China, which he said was a vital push to support China’s domestic private sector. Mr. He called for efforts to increase financing opportunities and volumes for SMEs, and said [...]

Published by Jacob Blacklock on September 11th, 2018 tagged China News | Comment now »

China’s Standing Committee Publishes Multiple Drafts of Potential Laws for Public Comment

Public opinion solicitation is an important way for the public to directly participate in the legislation, including the soliciting opinions of the legislative body, public participation and feedback, etc.
The Nineteenth National Congress of the Communist Party of China explicitly put forward advancement of scientific legislation, democratic legislation, and law-based legislation to promote development and safeguarding [...]

Published by administrator on September 10th, 2018 tagged China News | Comment now »

China Patent Office Name Change, Done & Dusted

To paraphrase the Bard: “A rose by any other name smells just as sweet”. Can the same comparison be said for what was SIPO arguably the world’s most prolific patent office, serving one-sixth humanity, and representing/manifesting/protecting innovation in the world’s second largest economy? We shall see, time will tell. This is a sign, Made in [...]

Published by administrator on September 7th, 2018 tagged China News | Comment now »

China’s NPC Increases Role in Drafting Legislation

Legislation is an important function and power and a major task of the NPC and its Standing Committee. The Standing Committee has given top priority to improving the quality of legislation, highlighted legislative priorities, accelerated the pace of legislative work, and improved the mechanisms for and effectiveness of legislation.
The Standing Committee of the National People’s [...]

Published by administrator on September 7th, 2018 tagged China News | Comment now »