As part of China's broader efforts to strengthen intellectual property (IP) protection for its globalizing enterprises, Wuhan's East Lake High-Tech Development Zone (also known as Optics Valley of China and a core area of the China (Hubei) Pilot Free Trade Zone) has gained national recognition. Its pioneering practices in overseas IP insurance were recently selected as a典型案例 (typical case) in China's IP强国 (IP Powerhouse) initiative, showcasing localized innovation within the national IP protection framework.
Facing common challenges like overseas IP disputes while expanding internationally, companies within this major Wuhan-based tech hub – a center for optoelectronics and life sciences – required robust risk mitigation tools. In response, and building upon national policies such as the 2018 China (Hubei) Pilot Free Trade Zone Regulation, the zone has systematically developed a supportive overseas IP insurance ecosystem.
Key measures implemented in Wuhan include:
Policy Guidance & Subsidies: Implementing tiered fiscal subsidies to encourage companies to purchase overseas IP insurance covering patents, trademarks, and geographical indications.
Insurance Product Innovation: Facilitating the development of tailored insurance products, such as overseas infringement liability insurance and legal expense insurance, to meet diverse company needs.
Integrated Service Models: Establishing an insurance consortium mechanism that brings together insurers, legal experts, and IP professionals to explore providing end-to-end services from risk assessment to dispute resolution support.
This system, developed and refined in Wuhan, has provided tangible risk mitigation for dozens of export-oriented companies based there. It represents a replicable model within China for leveraging market-based financial tools like insurance to enhance overseas IP protection and service systems for businesses engaged internationally.
The Wuhan case exemplifies China's ongoing commitment to refining its IP regime, integrating with global trade norms, and building systematic safeguards to support domestic companies in their international operations.
鄂公网安备 42010402001546号