China Open to Dialogue with EU on Intellectual Property Concerns
Beijing, China — China's Ministry of Commerce announced on Monday that channels of communication with the European Union (EU) regarding intellectual property (IP) issues remain open, signaling a willingness to engage in dialogue amid recent tensions.
The statement comes after the EU filed a complaint at the World Trade Organization (WTO) on Monday against China's judicial practices related to standard essential patent disputes. The EU's move reflects concerns over China's handling of IP rights, particularly in the technology sector where patents play a crucial role.
Responding to media inquiries, the Ministry of Commerce confirmed that China received a consultation request from the EU on January 20. The ministry emphasized that China has consistently adhered to WTO rules and fulfilled its accession commitments, noting significant improvements in legislation and law enforcement concerning IP protection. These achievements, the ministry stated, have been widely recognized on the global stage.
\"China has always valued the protection of intellectual property rights and has made continuous efforts to strengthen legal frameworks and enforcement,\" the ministry's statement read. \"We are open to dialogue and willing to address concerns through communication and cooperation.\"
The ministry added that China will handle subsequent matters in accordance with WTO procedures and is prepared to firmly safeguard its legitimate rights and interests.
The EU's complaint marks a notable development in international trade relations, highlighting ongoing challenges in harmonizing IP laws and practices across different jurisdictions. The outcome of this case could have significant implications for global businesses, investors, and innovators operating in both the EU and China.
As the world's second-largest economy, China's stance on intellectual property rights is closely watched by international stakeholders. The country's commitment to enhancing IP protection is seen as crucial for fostering innovation and ensuring a fair competitive environment.
Industry experts suggest that open communication between China and the EU is essential for resolving disputes and promoting mutual understanding. Collaborative efforts in addressing IP concerns can contribute to a more stable and predictable global trade landscape.
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China says it's open to communication with EU on intellectual property
cgtn.com
