In a recent statement, the Chinese Ministry of Commerce announced that channels of communication with the European Union on intellectual property issues remain open. This declaration comes as the EU filed a complaint at the World Trade Organization (WTO) on Monday regarding China's judicial rulings on standard essential patent disputes.
The Ministry confirmed that China received a consultation request from the EU on January 20. Responding to media inquiries, the Ministry emphasized China's adherence to WTO rules and its commitments since joining the organization. It highlighted the nation's continuous efforts to improve legislation and enforcement related to the protection of intellectual property rights, achievements that have been widely recognized.
"We have always strictly followed WTO regulations and fulfilled our accession commitments," the Ministry stated. "China will handle subsequent matters in accordance with WTO rules and firmly safeguard our legitimate rights and interests."
The openness expressed by the Chinese Ministry of Commerce signals a willingness to engage in dialogue with the EU to address concerns over intellectual property. This development is significant for global businesses, investors, and stakeholders interested in the Asian market, as it may impact economic relations and trade dynamics between China and the EU.
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China says it's open to communication with EU on intellectual property
cgtn.com
