China has been a practicer of international rule of law, and its stance on trade war shows the country's willingness and determination to uphold the basic norms of international law as well as the multilateral trade system, law experts said here.
China has stuck to the WTO dispute settlement mechanism since it joined the World Trade Organization in 2001, which contributed to the rule of law in global trade, said experts attending a recent symposium held by Wuhan University.
More recently, the country's unified Foreign Investment Law, which will take effect on January 1, 2020, will improve China's legal environment for foreign investment to a globally advanced level, Qi said.
Nie Jianqiang, another professor with the institute, said in efforts to implement the WTO's intellectual property agreement TRIPS, China has amended its laws on patent, trademark, copyright and other IP rights and has set up specialized IP courts and tribunals.
Allegations of China's theft of intellectual property and forced technology transfer are only based on one-sided testimonies of certain companies and individuals and lack convincing evidence, Nie said.
Source: China Daily