On the occasion of the 11th Singapore-China Joint Council for Bilateral Cooperation meeting, A memorandum of understanding (MoU) has been signed by the State Intellectual Property Office (SIPO) of China and the Intellectual Property Office of Singapore (IPOS) to reinforce their efforts to guard intellectual property (IP). The agreement promotes collaboration by fostering the exchange of ideas and experiences, especially related to IP law and policy implementation, financial IP products development and IP valuation and appraisal. The two countries have also launched a 5-years pilot programme to raise awareness on IP usage and related issues whose origins are to be found in the Patent Prosecution Highway (PPH) agreement, a previous Sino-Singapore partnership directed to illustrate cost-effective ways to businessmen and innovators in order to protect their works in both countries. The objective of this bilateral cooperation also cover the ambitious project of transforming Guangzhou in an IP modern hub; a model zone for IP cooperation, officially called the Sino-Singapore Guangzhou Knowledge City, that will involve the establishment of an advisory panel, activities addressed to companies to help them in their IP commercialisation and development, as well as study visit and other exchanges to build cutting-edge skills. The gLAWcal Team LIBEAC project Monday, 3 November 2014 (Source: The Business Times)

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