As the rampant counterfeit industry continues to sour China's trade prospect, a smart inspection system that's based on modern information technology may make fake goods and low-quality products a thing of the past.
Many people have realized that counterfeiting is just an expedient. They have to work on their own brands in order to survive in the longer run.
There has been an exponential growth in the lighting industry in recent years as improvements in the country's intellectual property environment give a boost to domestic innovations and entrepreneurship.
As the rampant counterfeit industry continues to sour China's trade prospect, a smart inspection system that's based on modern information technology may make fake goods and low-quality products a thing of the past.
China will take decisive measures to stop counterfeits and poor-quality products from being exported to Africa, the Middle East, Latin America and countries.
Tmall, the tech giant’s international retail platform, introduces insurance to guarantee the authenticity and quality of its products.
Jack Ma, executive chairman of Alibaba Group Holding Ltd, said counterfeit products hurt Alibaba as well as China's economy.
Chinese engineers, especially those in second-tier cities, are increasingly taking to innovation, with creativity peaking among those aged 50 and above.
The authorities are stepping up efforts at protecting the country's intellectual property overseas as more companies expand globally.
Counterfeit products continue to be sold online despite repeated crackdowns, which is a challenge for countries worldwide.
The State Intellectual Property Office released a comprehensive report in Beijing on Thursday on the latest development trends in China's intellectual property sector.
China has been the manufacturing powerhouse for some decades. By capturing 22 percent of the global manufacturing market, the country makes and sells everything from needles to cars.
But industrial-scale production has also created some problems. Companies looking to make a quick buck have taken to making counterfeit products. To crack down on this practice that not only hurts consumers, but also the country’s trade, the government has stepped up its drive to reform legal infrastructure and amend copyright, patent and trademark laws.