On August 31, 2025, China’s National Intellectual Property Administration (CNIPA) announced that Bank of China (BoC) would provide 10 billion RMB ($1.4 billion USD) for intellectual property collateralization (or pledging) for small and medium enterprises with particular emphasis on artificial intelligence. At least 5 billion RMB in special credit lines will be allocated to pilot areas of the intellectual property finance ecosystem (i.e., Beijing, Shanghai, Jiangsu, Zhejiang, Guangdong, Sichuan, Shenzhen, and Ningbo). The program, known as “Knowledge, Benefits and Action,” …
Category: New Law, Rule or Implementing Regulation
China’s Supreme People’s Court Releases the Guiding Opinions on Implementing the Law of the People’s Republic of China on Promoting the Private Economy
On August 8, 2025, China’s Supreme People’s Court (SPC) released the Guiding Opinions on Implementing the Law of the People’s Republic of China on Promoting the Private Economy (关于贯彻落实〈中华人民共和国民营经济促进法〉的指导意见). Per the SPC, “the Guiding Opinions propose specific measures in five sections to judicially safeguard the development and growth of the private economy. These measures aim to address the challenges faced by the private economy and provide stronger legal safeguards for its healthy growth.” As explained by the SPC, key measures …
China’s Supreme People’s Court Limits Non-Competes to be Consistent with Employee Access to Trade Secrets
On August 1, 2025, China’s Supreme People’s Court (SPC) released the Interpretation of the Supreme People’s Court on the Application of Law in the Trial of Labor Dispute Cases (II)(最高人民法院关于审理劳动争议案件适用法律问题的解释(二)). The Interpretation states that if an employee is not aware of or exposed to the employer’s trade secrets and confidential matters related to intellectual property, even if an employer and employee have agreed upon a non-compete clause, the non-compete clause will not take effect and will not be binding on …
China’s National Intellectual Property Administration Releases Notice on Soliciting Public Opinions on the Implementation Measures for Intellectual Property Rights to Promote the Development of Private Economy
On July 22, 2025, China’s National Intellectual Property Administration (CNIPA) released the Notice on Soliciting Public Opinions on the Implementation Measures for Intellectual Property Rights to Promote the Development of Private Economy (知识产权促进民营经济发展实施办法(征求意见稿)). Per CNIPA, the Measures “implement the Law of the People’s Republic of China on Promoting Private Economy in the field of intellectual property rights and improve the pertinence and effectiveness of intellectual property rights in promoting the development of the private economy.”