Amid ongoing discussions over intellectual property rights, China has expressed its openness to continued dialogue with the European Union (EU). On Monday, the Chinese Ministry of Commerce stated that channels of communication with the EU on intellectual property issues remain \"always open.\"
This announcement comes in response to the EU filing a complaint with the World Trade Organization (WTO) regarding China's judicial rulings on standard essential patent disputes. The complaint, lodged on January 20, reflects the EU's concerns over what it perceives as unfavorable treatment of European companies in China's courts.
In an online statement addressing media inquiries, the Chinese Ministry of Commerce confirmed receipt of the EU's consultation request. The ministry emphasized China's commitment to adhering strictly to WTO rules and its accession commitments. \"China has continually improved legislation and law enforcement related to the protection of intellectual property rights,\" the statement read, adding that these efforts have been widely recognized internationally.
The ministry further assured that China will handle subsequent matters in accordance with WTO rules and is determined to firmly safeguard its legitimate rights and interests.
The dialogue between China and the EU is particularly significant for global businesses and investors keen on navigating the complex landscape of intellectual property rights in international trade. As two of the world's largest economies, the resolution of this dispute holds considerable implications for innovation, technology transfer, and economic cooperation.
The development is closely watched by academics, researchers, and market analysts who are invested in the dynamics of Asia's economic policies and their global impact. It also resonates with the Asian diaspora and cultural enthusiasts interested in the evolving legal frameworks within the region.
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China says it's open to communication with EU on intellectual property
cgtn.com
