China has reaffirmed its willingness to maintain open channels of communication with the European Union (EU) concerning intellectual property rights, according to a statement made by the Chinese Ministry of Commerce on Monday.
The announcement comes in response to the EU's decision to file a complaint with the World Trade Organization (WTO) on the same day, challenging China's judicial ruling on standard essential patent disputes. The EU's move marks a significant step in addressing what it perceives as issues affecting European businesses operating in China.
The Chinese Ministry of Commerce acknowledged receiving the EU's consultation request on January 20. In an online statement addressing media inquiries, the ministry emphasized China's strict adherence to WTO rules and its commitments made upon accession. It highlighted the continuous improvements in China's legislation and law enforcement concerning the protection of intellectual property rights, noting that these efforts have been widely recognized on the global stage.
\"Channels of communication with the EU on intellectual property issues are always open,\" the ministry stated, underscoring its commitment to constructive dialogue. The ministry also assured that China would handle subsequent matters in accordance with WTO procedures and is determined to firmly safeguard its legitimate rights and interests.
The ongoing dialogue between China and the EU is critical for businesses and investors monitoring developments in intellectual property regulations within one of the world's largest markets. As China continues to position itself as a global leader in innovation and technology, the resolution of such disputes holds significant implications for international trade and cooperation.
Reference(s):
China says it's open to communication with EU on intellectual property
cgtn.com
