HEADLINE US 301 investigation disregards Chinese intellectual property protection achievements

HEADLINE

US 301 investigation disregards Chinese intellectual property protection achievements

By By Wang Ke and Jiang Jianke | People's Daily app

22:53, March 28, 2018

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In the wake of the US report of its Section 301 investigation against China, the report’s censure of China's intellectual property protection has been heatedly debated. 

Many domestic and overseas experts believe that the US 301 investigation report is not based on the reality of Chinese society, but is indeed an accusation against China aimed at meeting US domestic political needs. It is not objective and totally untenable.

A recent statement by the China Chamber of International Commerce stated that the technology transfer between Chinese and American companies is based on equal consultation, self-determination, and paid transactions by companies. In other words, there is no government coercion or intervention.

“Since the reform and opening-up, China has firmly promoted market-oriented reforms, expanded investment access, and strengthened intellectual property protection. The remarkable results achieved are obvious to all,” said Chen Fuli, director of the Department of Treaty and Law under China’s Ministry of Commerce. He added the US 301 investigation disregards China’s reality. Meanwhile, China and the US efforts on economic and trade cooperation, as well as intellectual property dialogues over the years, have been ignored. 

Chinese companies investing in and acquiring businesses in the US are independent choices of companies in the context of global economic integration. They follow the principles of commercial considerations and marketization. Related transactions comply with US laws and they have created a large number of jobs for American. 

In the dozens of comments submitted by the US public to the US government, there is no substantial evidence to support the so-called "mandatory technology transfer" and other allegations. The overwhelming majority of the respondents believe that China's intellectual property protection circumstance has been significantly improved.

China’s intellectual property protection work has continued to make striking  progress in legislative, judicial, and administrative law enforcement in recent years.

According to a report released by the World Intellectual Property Organization (WIPO) recently, China in 2017 has become the second-largest source of international patent applications under the Patent Cooperation Treaty, just after the US. Notably, China is the only country whose annual growth rate of applications reaches double digits. Since 2003, China’s annual growth rate in applications has been higher than 10%.

(Compiled by Zhao Dantong)

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