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China sets tougher guidelines to protect patents, copyrights

Edited by: India TV News Desk
Published: ,Updated:

The new blueprint makes protection of intellectual property one of the criteria for evaluating local government officials’ performance, creating a greater incentive for compliance.

China sets tougher guidelines to protect patents, copyrights

China sets tougher guidelines to protect patents, copyrights

Image Source : AP photo
New Delhi:

China has issued new, tougher guidelines for the protection of patents, copyrights and other intellectual property. The new set of rules was announced late on Sunday and appeared timed to help along with halting progress in trade talks with the United States.

The guidelines order strict laws for protecting such intellectual property rights increased compensation for infringements and stricter enforcement of existing laws. 

They also lower the threshold for criminal prosecution of IPR offenses.

The new blueprint makes protection of intellectual property one of the criteria for evaluating local government officials’ performance, creating a greater incentive for compliance.

Theft and forced transfers of technology and inadequate protection of copyrights, patents and trademarks are perennial complaints of foreign companies operating in China and are among the key issues in the latest flareup in trade tensions.

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Also Read | Trump looking at exempting Apple from China tariffs

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