Posts Tagged: "Standing Committee of China’s National People’s Congress"

On October 17, the Standing Committee of China’s National People’s Congress completed its amendments to China’s Patent Law, marking the fourth time that China has revised its Patent Law since 1992, as well as the first revision since 2008. The amendments, which will go into effect in July 2021, include several patent owner-friendly changes, including increased statutory damages for parties proving patent infringement and the creation of punitive damages to increase damages awards up to five times upon findings that a party intentionally infringed patent claims.