BIZCHINA / Top Biz News
IPR protection strengthened
By Jiang Wei (China Daily)
Updated: 2006-06-08 08:50
China is ready to further collaborate with the European Union on
protection of intellectual property rights (IPRs), Minister of Commerce
Bo Xilai said yesterday.
The country has strengthened the enforcement of IPR protection laws and
launched campaigns against violations at wholesale and retail markets, Bo
said while meeting European Union Trade Commissioner Peter Mandelson.
"IPR claim centres are being set up across the country to help protect
the interests of foreign companies," he said, adding that the nation is
willing to strengthen co-operation with the EU in this sector.
Mandelson welcomed China's progress in IPR protection; and said
protection and enforcement of IPRs are "probably the most important issue
in Europe's relations with China."
Landlords of Silk Street, a major Beijing retail market, yesterday
signed a memorandum of understanding on IPR protection with European
fashion and sportswear brands to crack down on infringements.
According to the memorandum, if a vendor is found selling counterfeit
goods, the landlord will suspend its operation; and its lease will be
terminated if the offence is repeated.
On a separate topic, Bo criticized the European Commission's anti-dumping
duties on Chinese leather shoes.
He said the commission was not justified in denying market economy status
to Chinese footwear exporters; and expects fair treatment in the final
ruling of the anti-dumping case.
According to European media, Mandelson noted consultations with China on
an auto tariff dispute are complete, and said: "I think there will be a
period of reflection on China's part and further informal discussions, I
hope, before we determine the next steps."
Together with the United States, the EU filed a complaint with the World
Trade Organization, alleging that the tariffs unfairly forced carmakers
to use locally-made parts in cars assembled in China.
Mandelson called the discussions with Bo "very encouraging," but urged
China to further open its markets to Europe because he believes it is one
way to narrow the trade imbalance between the two economies.
(For more biz stories, please visit Industry Updates)
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