HAIKOU /China/, October 14. /TASS/. The special district of protection of intellectual property rights has been established in the Chinese Science City of Yazhou Bay in the southern province of Hainan, Sanya Xin-Wen Wang information portal reported.
The development plan of the relevant special zone for 2021-2025 was adopted by the People’s Government of Hainan Province. First of all, it provides for the protection of intellectual property rights in industrial seed production and deep-sea research technologies. A task was set by the authorities to turn this zone into a role model for all of China with regard to intellectual property rights protection, in particular, in industrial seed production.
The relevant region will deal with issues such as a system of management, implementation of patents, trademarks, copyrights, geographical indications used on goods, as well as new plant species. It is also planned to create an integrated system for the protection of intellectual property rights, including dispute resolution mechanisms.
The Science City of Yazhou Bay plays one of the leading roles in the innovative development of the region. By the end of 2020, the total number of companies registered in it tallied almost 3,200.
Yazhou Bay Technopolis is engaged in scientific and technical research and development, as well as innovative manufacturing in the fields of finance, IT, space exploration, medical equipment, agriculture, deep-sea technology, and other fields.
The science city is part of the Chinese government's program to create a free trade port in the Hainan Province. The local administration has approved the status of a zone for the development of new high technologies for this scientific cluster. According to the plan of the authorities, the technopolis should become a top-notch zone of economic development, integrating technological innovation and industrial production.
