China's Ministry of Commerce announced on Monday that channels of communication with the European Union (EU) regarding intellectual property issues remain open. This statement comes in response to the EU's recent complaint filed with the World Trade Organization (WTO) against China's judicial rulings on standard essential patent disputes.
On January 20, China received a consultation request from the EU addressing concerns over China's handling of intellectual property rights, particularly in the area of standard essential patents. The EU alleges that China's judicial practices may be restricting European companies from effectively protecting their patents in China.
In an online statement, the Chinese Ministry of Commerce emphasized that China has consistently adhered to WTO rules and its commitments since joining the organization. \"China has strictly complied with WTO regulations and has continually improved legislation and law enforcement related to the protection of intellectual property rights,\" the ministry stated. \"Our achievements in this area have been widely recognized.\"
The ministry added that China will address subsequent matters in accordance with WTO procedures and is committed to firmly safeguarding its legitimate rights and interests. \"We are willing to strengthen communication and cooperation with the EU to properly handle differences and work together to promote the sound and steady development of China-EU economic and trade relations,\" the statement read.
The EU's complaint marks a significant step in a dispute that highlights the complexities of global trade and intellectual property rights. Standard essential patents are crucial for various industries, including telecommunications and technology, as they cover technologies essential for compliance with international standards.
European companies have expressed concerns that China's court injunctions prevent them from seeking fair compensation for the use of their patents. The EU's filing at the WTO seeks to address these issues through established dispute resolution mechanisms.
This development underscores the importance of collaborative efforts between China and the EU to ensure that intellectual property rights are protected, fostering innovation and fair competition. As major players in the global economy, both parties have a vested interest in resolving such disputes amicably.
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China says it's open to communication with EU on intellectual property
cgtn.com
