CHINA'S PATENT SYSTEM AND GLOBALIZATION

With the speedup in economic globalization, tariffs have been greatly cut and non-tariff measures have been substantially reduced. As the role of tariff protection is further weakened, IP protection is becoming one of the major issues in international economic development and is of concern to all countries. China, by revising its patent law, acceding to international conventions, and strengthening enforcement of the law, has made impressive progress toward building a good IP system. China has taken steps to fulfill its TRIPS (Trade-Related Aspects of Intellectual Property Rights) obligations and to become gradually integrated into the economic globalization process.