Chief Executive John Lee meets WIPO Director General, discusses IP development

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John Lee (right), convened a meeting today with the Director General of the World Intellectual Property Organisation (WIPO), Mr Daren Tang (right).

7th December 2023 – (Hong Kong) The Chief Executive of Hong Kong, Mr John Lee, convened a meeting today with the Director General of the World Intellectual Property Organisation (WIPO), Mr Daren Tang. The gathering also saw the presence of Secretary for Commerce and Economic Development, Mr Algernon Yau, and the Director of Intellectual Property, Mr David Wong.

Mr Lee extended a warm welcome to Mr Tang and the distinguished WIPO delegation, who were in Hong Kong to participate in the Business of Intellectual Property Asia Forum on 7th and 8th December.

Highlighting the National 14th Five-Year Plan, which supports Hong Kong’s transformation into a regional intellectual property (IP) trading centre, Mr Lee underscored Hong Kong’s position as an international trade and financial hub within the “one country, two systems” framework. As the only common law jurisdiction within the country, Hong Kong occupies a unique position, with the Chief Executive’s 2023 Policy Address announcing the region’s plans to leverage its legal and IP protection systems. The proposed measures include enhancing the IP legal regime, introducing the “patent box” tax incentive, planning regulatory arrangements for patent agent services, and bolstering the trading of local original works, all aimed at enhancing Hong Kong’s standing as a regional IP trading centre.

Expressing gratitude to WIPO for its pivotal role in promoting and facilitating global IP development, Mr Lee reiterated the HKSAR Government’s commitment to maintaining close communication with WIPO. Furthermore, he expressed an interest in further collaboration to advance IP development.