Beijing, China — Channels of communication with the European Union (EU) on intellectual property issues remain open, the Chinese Ministry of Commerce stated on Monday. This announcement comes in response to the EU filing a complaint at the World Trade Organization (WTO) against China's judicial practices concerning standard essential patent disputes.
On January 20, China received a consultation request from the EU, according to an online statement by the ministry addressing media inquiries on the matter. The EU's complaint focuses on China's handling of standard essential patents, which are crucial for ensuring interoperability and compliance in industries like telecommunications and technology.
The Ministry of Commerce emphasized that China has strictly adhered to WTO rules and its accession commitments. \"China has continually improved legislation and law enforcement related to the protection of intellectual property rights, and our achievements have been widely recognized,\" the ministry noted.
Furthermore, the ministry affirmed that China will handle subsequent matters in accordance with WTO procedures and is committed to firmly safeguarding its legitimate rights and interests. The ministry expressed hope for constructive dialogue, highlighting that open communication channels with the EU are vital for resolving such disputes.
This development underscores the complexities of international trade relations and the importance of intellectual property rights in global commerce. Investors and market analysts will be closely watching how this situation unfolds, given its potential impact on technology companies and cross-border trade between China and the EU.
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China says it's open to communication with EU on intellectual property
cgtn.com
