China IP News -- According to a paper released by SIPO recently, 30 large markets were honored as the first national IPR protection standardized markets. The titles were valid from December 2016 to December 2019.
Statistics from National Bureau of Statistics show that there are more than 4,000 specialized markets nationwide that could produce more than 8 trillion yuan worth of annual business volume. Generally speaking, these specialized markets are at the end of commodity production and at the front end of the commodity circulation in the economic cycle. However, there are many serious problems needs to be sovled, such as frequent infringement, poor awareness of credit management and IPR protection. Meanwhile, with fast growth of e-commerce, traditional markets have many challenges to conquer, such as adjust market position and industrial upgrades. "Improvements in IPR protection for specialized markets mean a lot to improve business environment, meet more demands for the consumers, enhance economic prosperity and promote economic restructuring." A SIPO representative says.
As efforts to promote IPR protection for specialized markets, SIPO released several papers, such as guidelines for fostering IPR standardized specialized markets and guide manuals for IPR protection and standardization. Meanwhile, locals IP offices have also given strong supports for building standardized IPR protection markets. They not only introduced local polices, but also gave financial support.
Efforts have paid off, there are significant improvements in IPR protection for specialized markets. The 30 model markets have all established operable and efficient IPR management system with professionals and special funds. Right now, great advancements have been made in business environment and the consumers are more satisfied with the specialized markets.
It is beneficial attempts to strengthen IPR protection by means of fostering standardized markets for IPR protection. China should institutionalize and normalize this tasks and finally establish long-term mechanism for IPR protection. (by Cui Jingsi)