Dialogue to strengthen innovation ties between Australia and China
A range of crucial industry sectors are set to benefit from a formal ‘Dialogue on Innovation’ between Australia and China that will bolster collaboration on innovation between the two nations.
The Prime Minister and I met with Chinese Premier Li Keqiang today to officially establish a Dialogue on Innovation between Australia and China.
The Dialogue will enable the exchange of ideas between representatives from government agencies, business and the research sector.
I am also pleased that Australia and China will each contribute up to $6 million over three years to the next round of the Joint Research Centres, under the Australia-China Science and Research Fund (ACSRF).
The funding will focus on the priority areas of advanced manufacturing, medical technologies and pharmaceuticals, and resources and energy.
The ACSRF is a bilateral funding initiative that supports strategic science, technology and innovation collaboration between Australia and China.
Australia and China have also established a new Memorandum of Understanding on Intellectual Property to strengthen our cooperation on the protection of intellectual property.
The new, enhanced Memorandum of Understanding was signed between the State Intellectual Property Office of the People’s Republic of China and IP Australia.
This new agreement deepens the existing cooperation between Australia and China on intellectual property matters and supports the role of our newly created IP Counsellor to China.
It will enrich the bilateral relationship, help us provide guidance on the IP systems in both countries, and assist Australian businesses to better navigate the Chinese IP system.