China and New Zealand Launch Two-Year Fast-Track Patent Grant Program

  China and New Zealand have announced a two-year fast-track patent grant program. This initiative, effective from November 1, 2024, to October 31, 2026, aims to simplify the intellectual property application process for innovators from both countries.

A New Era for Patent Applications: Streamlining the Process

The Patent Prosecution Highway (PPH) pilot program, a joint effort between the China National Intellectual Property Administration (CNIPA) and the Intellectual Property Office of New Zealand (IPONZ), is set to expedite the patent examination process.

“This program will significantly reduce the time required for patent approval by leveraging examination results from one country to expedite reviews in the other,” said a CNIPA spokesperson.

#China and #NewZealand have launched a two-year fast-track patent grant program to simplify the intellectual property application process for innovators from both countries, which will be effective from November 1, 2024 until October 31, 2026. pic.twitter.com/EiAhHv4PdS

— People's Daily, China (@PDChina) October 31, 2024

Boosting Innovation and Protecting Intellectual Property

The fast-track program is expected to provide substantial benefits to innovators, allowing them to protect their intellectual property more efficiently. “By speeding up the authorization process, businesses can bring their innovations to market faster, fostering a more dynamic and competitive environment,” noted an IPONZ representative.

China’s Leading Role in Global Patent Applications

China continues to lead globally in patent applications, with over 4 million valid invention patents by the end of 2023.

“Since our first PPH pilot program in 2011, we’ve established ties with patent authorities in 33 countries and regions. This new collaboration with New Zealand further strengthens our commitment to supporting global innovation,” highlighted a CNIPA official.

Strengthening China-New Zealand Relations

The launch of this program marks a notable milestone in the bilateral relations between China and New Zealand. “This initiative underscores our shared commitment to fostering innovation and protecting intellectual property rights,” stated a New Zealand government official.

Innovators from both countries can look forward to a more streamlined and efficient patent application process, paving the way for greater technological advancements and economic growth.