China Daily Session at the Business of IP Asia Forum on 4 Dec, 2014 (ENG)

Industry Leaders Meet in Hong Kong
Discover IP Challenges and Opportunities in the Internet and Cultural Economy
Dec 4 2014, Hong Kong - China Daily held a Special Panel Session on “Challenges and Opportunities in the Internet and Cultural Economy” at theBusiness of IP Asia Forum in Hong Kong Convention and Exhibition Centre at 16:15 to 17:45 to discussthe opportunities and obstacles arising from the Internet and Cultural economy development. Six panelists, including experts in intellectual property policy and entrepreneurs in the IT industry, shared their insights and experiences.
The past decade saw a tenfold growth in China’s cultural industry output toover 2 trillionRMB. The country’s two largest Internet companies rank among the world’s top ten in the industry. China has become a world’s intellectual property leader. Records of World Intellectual Property Organization show that in recent years, China ranked first in the growth rate of international patent registration. For instance, ZTECorporationfiled and average 3,000 patent applications a year under the Patent Cooperation Treaty (PCT).
Joint effort is essential to boost the IP related industries and economies in the region. The China Daily Asia Leadership Roundtable panel provides a platform for distinguished speakers in Internet, cultural and IP industry to discuss the mainopportunities and potentialdifficulties of intellectual property protection.
Mr. ZHOU Li, Publisher & Editor-in-Chief of China Daily Asia Pacific said, Hong Kong helps to achieve a win-win situation for both Chinese IP players seeking worldwide market for their products and services, and their international peers using the SAR as a platform to make inroads into the Chinese mainland.
He welcomed the panelists, who include Mr. CHEN Man Lung, Executive Director & COO of Culturecom Holdings Limited, Ms. LAW Yee Ping, Chief Representative of the Hong Kong and South China Office ofInternational Technology Transfer Network,Mr. LI Zhong, Deputy Director General of Beijing Intellectual Property Office,Ms. Amy LIU, Senior Vice President of EntGroup, Mr. SHEN Nan, Chief Licensing Officer of ZTE Corporation, andMr. YAO Yingjia, Vice President & Chief Designer of Lenovo Group.
Li said that the State Council has increased its fiscal support to IP protection such as setting up courts specialized in IP cases. Yao believedin an information era, the owner of a basket of related patents would have an upper hand. In addition, Shen said the challenge to manage IP risks become multi-levelfor business involving a wider rang of products in an increasing number of markets around the globe.

About China Daily Asia Leadership Roundtable

The China Daily Asia Leadership Roundtable is a by-invitation network of movers and shakers in Asia providing platforms for focused dialogue, issue investigation, and possible collective action on strategic issues relating to economic, business and social development in Asia. Our aim is to enhance communication and increase mutual understanding between China, Asian and Western countries. Roundtable events are held in major cities across Asia. (http://www.cdroundtable.com)