With increasing awareness and improving enforcement of laws, China is making great progress and is rising to be a global leader in the protection of IPRs.
This has become an important factor in enhancing the country's business environment, which has recently been ranked by World Bank Group's 2020 study as being 31st worldwide, up from 46th the previous year, said IP experts and foreign business legal consultants at a forum at the second China International Import Expo in Shanghai.
Minelik Alemu Getahun, assistant director general of WIPO, noted at the forum that as cross-border crimes of IP infringement and counterfeiting are rising, international collaboration has become ever critical. China stands out as an archetype in sharing its intelligence, research knowledge, and best practice experience.
The WIPO, a Geneva-based specialized agency of the United Nations, is the co-host of the International Cooperation in Fighting against IPR Infringement and Counterfeiting Forum, together with China's State Administration for Market Regulation.
Aside from an exclusive service center set up during the six-day event to deal with IP infringement, the expo has also worked with Shanghai Intellectual Property Administration to offer exhibitors prioritized IP evaluation.
Source: China Daily
