RT Banner 2021V4.gif

China Daily

News> Business> Content
Wednesday, December 19, 2018, 17:16
China to boost crackdown on IPR infringement
By Xinhua
Wednesday, December 19, 2018, 17:16 By Xinhua

In this undated photo, a senior inventor shows official patent certificates for his innovations in boilers. (PHOTO PROVIDED TO CHINA DAILY)

BEIJING - China will step up the protection of intellectual property rights by imposing tougher punishments for IPR infringement, according to the National Intellectual Property Administration (NIPA) Wednesday.

Thirty-eight governmental departments including the National Development and Reform Commission, the People's Bank of China and the NIPA have jointly signed a memorandum to strengthen cooperation in the crackdown on IPR infringement.

ALSO READ: IPR infringement crackdown to usher in fairer environment

The memorandum listed six types of infractions regarding intellectual property including repeated patent infringements, declining to execute punishments on patent violations and using fake documents in patent applications.

Enterprises who break the law may face multiple restrictions in receiving government financial support, establishing financial institutions, and receiving customs certifications.

READ MORE: Beijing criticizes update of IPR report

NIPA will also publicize IPR infringements on a national online credit system, which accelerates the establishment of an intellectual property credit system.

The punishment mechanism will bring effective IPR protection and help deter IPR violations, according to the NIPA.

Share this story

CHINA DAILY
HONG KONG NEWS
OPEN
Please click in the upper right corner to open it in your browser !