国内英语资讯:China Focus: Foreign-invested enterprises benefit from Chinas IPR protection_时事

国内英语资讯:China Focus: Foreign-invested enterprises benefit from Chinas IPR protection

Guangdong customs statistics show that in 2018, customs officers in the province stopped 460 million yuan worth of goods involved in violation of IPR from flowing between China and 108 countries or regions, protecting the rights of 660 IPR owners.

China's determination and effectiveness in IPR protection is applauded by foreign investors.

The intellectual property courts set up in Guangzhou and Shenzhen have done a good job in IPR protection, said Harley Seyedin, president of the American Chamber of Commerce in South China, noting that greater protection is foreseeable with the implementation of the Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area.

Technological exchanges and trade contacts between Chinese and foreign enterprises have been promoted since China regards intellectual property as a bridge between countries for innovation and cooperation.

Founded in 1993, Dongguan Shengya Sanitary Ware Co., Ltd has been making bathtubs and whirlpools of its own brand for 26 years. Now it is introducing foreign expertise.

"We pay for advanced technologies from Australia for domestic production and invite foreign engineers to take on works related to the designing and techniques," said Lin Jianhua, vice president of the company.

Data from the Ministry of Commerce show that China's intellectual property royalty imports reached 235.5 billion yuan in 2018, up 22 percent from a year ago, and exports totaled 36.8 billion yuan, up 14 percent.