Despite remarkable achievements, China needs tougher measures for protection of high-tech intellectual property rights.

 

No matter which way foreign investment enterprises obtain intellectual property rights, it has always been a topic that generates heated discussions all over the world.

 

The Chinese government has realized the importance of intellectual property rights, especially high-tech IPR on the overall economy. These technology intellectual property rights first transform into an economic force and then penetrate to political and diplomatic fields, thereby improving the country's comprehensive national strength.

 

To provide a better investment environment, China's National Development and Reform Commission, Ministry of Commerce and other government and non-governmental agencies are now establishing new platforms both at home and abroad for protecting the IPR of Chinese and foreign enterprises.

 

With IPR playing an increasingly significant role in social economy, Chinese enterprises also need to prioritize their IPR property strategy while participating in global competition.

 

They must also know how to avoid infringement disputes with foreign enterprises, as several of China's high-tech companies like ZTE, Huawei, Sany and Tencent have realized when conducting business overseas.

 

These companies certainly have realized that IPR is often a tool used by Western nations to engage in trade protectionism, and to deny further market access for Chinese companies.

 

Chinese companies that wish to have a bigger international market share, must learn to develop their own high-tech intellectual property, and use it as an investment to gain better opportunities in the international market. In the meantime, close cooperation with both Chinese and foreign governments is also needed.

 

Rising awareness among Chinese companies, especially IT companies, while dealing with IPR lawsuits overseas has also prompted an improvement in the overall IPR environment in China's domestic market. It is noteworthy that big companies are actively helping the judiciary in their efforts to fight copyright infringement in China.
Source: China Daily