Legal basis: Civil Code of People's Republic of China (PRC).
Article 600 Where a subject matter with intellectual property rights is sold, the intellectual property rights of the subject matter do not belong to the buyer, except as otherwise provided by law or agreed by the parties.
Article 862 A technology transfer contract is a contract in which the obligee owns the technology according to law and transfers the relevant rights of the existing specific patent, patent application and technical secret to others.
A technology licensing contract refers to a contract in which the obligee legally owns the technology and licenses the related rights of the existing specific patents and technical secrets to others for implementation and use.
The clauses in the technology transfer contract and technology licensing contract that provide special equipment and raw materials for the implementation of technology or provide relevant technical consultation and technical services are an integral part of the contract.
Article 876 The relevant provisions of this section shall apply to the transfer and licensing of intellectual property rights such as the exclusive right to layout design of integrated circuits, the right to new varieties of plants and the copyright of computer software.