China Signals Willingness for Dialogue with EU on Intellectual Property
On Monday, the Chinese Ministry of Commerce announced that communication channels with the European Union (EU) regarding intellectual property (IP) issues remain open. This statement comes in response to the EU's recent decision to file a complaint with the World Trade Organization (WTO) over China's judicial rulings on standard essential patent disputes.
The EU lodged its complaint on January 20, expressing concerns about how China handles IP rights, particularly in the realm of essential patents, which are crucial for various industries including technology and telecommunications. In response, China's Ministry of Commerce emphasized its commitment to adhering strictly to WTO rules and its accession commitments.
\"China has consistently improved legislation and law enforcement related to the protection of intellectual property rights,\" the ministry stated in an online press release. \"Our achievements in this area have been widely recognized.\"
The ministry further affirmed that China would address subsequent matters in accordance with WTO rules and is determined to firmly safeguard its legitimate rights and interests. The openness to dialogue suggests a willingness to engage with the EU to resolve the dispute through consultation rather than prolonged litigation.
This development is significant for global businesses and investors who are closely watching how two of the world's largest economies navigate complex IP issues. The outcome could have implications for international trade relations, technology development, and market access.
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China says it's open to communication with EU on intellectual property
cgtn.com
