China's industrialization rate of patents for inventions improves

The industrialization rate of patents for inventions in China further improved last year, said a report from China National Intellectual Property Administration.The industrialization rate of patents for inventions reached 39.6 percent in 2023, an increase of 2.9 percentage points compared to that of the previous year, and has been staying in a steady growth trend for five consecutive years...

Crackdown on IPR infringement bears fruit

Chinese courts at different levels have intensified the crackdown on counterfeiting over the past year, with harsher punishments for intellectual property infringements, in order to further stimulate and protect innovation by the rule of law. In 2023, courts nationwide handled more than 540,000 IP cases. Among the cases, punitive damages applied in 319, an increase of 117 percent compared with 2022, according to data released by the Supreme People's Court, China's top court. The figures mean that "we've provided stronger protection for IP rights owners by strengthening the battle against IP in…

Canton Fair opens with over 1 million new products on display

The 135th session of the China Import and Export Fair, also known as the Canton Fair, kicked off in Guangzhou, Guangdong province. This session features an offline exhibition in three phases from April 15 to May 5, with an online platform operating throughout the year. The three phases of the offline exhibition will showcase advanced manufacturing products from April 15-19, quality home lifestyle products from April 23-27, and products for an enhanced living experience from May 1-5.