According to a South China Morning Post report, Hong Kong is seeking to push its strong intellectual property protection regime as an advantage over the Chinese mainland in terms of the relative merits of the two as locations for high tech ventures such as semiconductor design and manufacture.
Speaking to the regional newspaper, vice president of business development and technology support at the Hong Kong Science and Development Park, S.W. Cheung explained that the legal system in place in the territory affords Hong Kong a significant competitive advantage in terms of attracting overseas firms.
"Outside companies wanting to come into the China market are afraid because people will copy them," he observed, continuing:
"We are making good use of 'one country, two systems' - we belong to China but we are still using the English law, and that's why people from outside trust us."
He went on to suggest that despite recent Chinese efforts to boost the country's IP protection regime, change was likely to take some time.
"To build up this intellectual property culture, it's not just by law or by system, it's through people, and people have to learn it while they are children."
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