What is the law on trade secrets in China?

In California, the law on trade secrets protects confidential information that is not readily available to the public. It prevents competitors or other entities from taking advantage of the trade secret. Trade secrets law in China is governed by the 2019 Amendment of the Anti-Unfair Competition Law (AUCL). This law protects trade secrets, including confidential business information, by prohibiting acts of misappropriation. The law protects any technical or operational information, including formulas, manufacturing methods, customer lists, marketing strategies, and research data. The law also seeks to protect trade secrets from being acquired through improper means such as theft, bribery, and espionage. It also prohibits the unauthorized use, disclosure, and dissemination of trade secrets. If a trade secret has been stolen or disclosed, then the law provides for compensation to the trade secret holder. The Chinese government is particularly vigilant in protecting foreign companies’ trade secrets and has invested in the establishment of the National Intellectual Property Protection System to monitor and protect trade secrets. It is important for companies doing business in China to understand and comply with the trade secret law in order to protect their confidential information.

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What is the law on trade secrets in China?

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