China's Ministry of Commerce has reaffirmed its commitment to keeping communication channels open with the European Union on intellectual property rights. The statement was made on Monday, following the EU's filing of a complaint at the World Trade Organization (WTO) against China's judicial rulings on standard essential patent disputes.
Responding to media inquiries, the ministry confirmed in an online statement that it received a consultation request from the EU on January 20. The ministry emphasized that China has consistently adhered to WTO rules and its accession commitments, continually improving legislation and law enforcement related to the protection of intellectual property rights—a progress widely recognized by the international community.
\"China will address subsequent matters in accordance with WTO rules and firmly safeguard its legitimate rights and interests,\" the ministry stated, underscoring the nation's dedication to upholding fair trade practices.
The dispute centers on standard essential patents, which are crucial for ensuring interoperability and standards across industries. The EU's complaint reflects concerns over how China's judicial decisions may impact European companies holding these patents.
Despite the ongoing dispute, China's openness to dialogue highlights a commitment to constructive engagement with the EU. This approach is significant for global businesses and investors monitoring the developments between the two major economies.
Reference(s):
China says it's open to communication with EU on intellectual property
cgtn.com