IP system evolves as role of AI expands

The realm of intellectual property will evolve with the development of artificial intelligence, said Daren Tang, director-general of the World Intellectual Property Organization, adding that he and his organization will continue to focus on placing "human creators and innovators" at the core of their work. "AI is here to enhance and support human innovation, instead of replacing or destroying it," Tang told reporters last week on the sidelines of the Boao Forum for Asia Annual Conference 2024 in Boao, Hainan province. In recent times, there has been a dr…

China, the world's largest IP filer

China is now the world's largest filer of intellectual property in all types of IP, from patents to trademarks to designs. Even in the area of geographical indications, China is the top filer in the world, said Daren Tang, director general of the World Intellectual Property Organization. In the past 50 years, China has really shown tremendous growth and maturity in its IP ecosystem, from a very basic to now a very mature ecosystem, Tang said during a recent interview with China Daily website. He attributed the achievements of China's IP development to successive Chinese administrations placing…

Hainan free trade port development in full swing: governor

Hainan, China's southern island province, is ramping up efforts to develop itself into a free trade port (FTP), securing progress in high-level opening up, provincial governor Liu Xiaoming said Thursday. Hainan has become a magnet for investment, attracting a surge in foreign capital, Liu told a news conference. Since 2018, the number of newly established foreign-funded enterprises in Hainan has grown at an annual rate of 65 percent, reaching a total of 6,543, signaling a strong vote of confidence from international investors.