China's Ministry of Commerce has announced that channels of communication with the European Union (EU) on intellectual property (IP) issues remain \"always open\". The statement comes in response to the EU filing a complaint with the World Trade Organization (WTO) regarding China's judicial practices on standard essential patent disputes.
On Monday, the EU initiated a WTO dispute settlement procedure, challenging China's policies that allegedly restrict EU companies from protecting their IP rights in the Chinese market. In response, China's Ministry of Commerce confirmed receipt of the consultation request on January 20 and emphasized its commitment to addressing the matter in accordance with WTO rules.
\"China has strictly adhered to WTO regulations and its accession commitments,\" the ministry stated. \"We have continuously improved legislation and law enforcement related to the protection of intellectual property rights, and our achievements have been widely recognized.\"
The ministry underscored China's dedication to safeguarding its legitimate rights and interests while remaining open to dialogue with the EU. The ongoing communication aims to resolve differences and enhance mutual understanding in the complex area of intellectual property.
The dispute highlights the intricate balance between protecting national interests and fostering international cooperation in the global economy. As China and the EU navigate these challenges, businesses and investors worldwide are keenly observing the developments, recognizing the significant impact on international trade and innovation.
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China says it's open to communication with EU on intellectual property
cgtn.com
