Counterfeiting Takes Off

Chinese brand and product piracy continues to increase. This is demonstrated not only by our project experience, but also by the new IP statistics issued by the Chinese State Intellectual Property Office (SIPO) and the State Administration for Industry and Commerce (SAIC) in the first half of 2017. According to the data, about 25,000 cases were investigated against counterfeiters between January and June, of which 22,000 were closed. Half were cases of trademark infringement and included goods valued at around EUR 16.5 million. Note: The number of investigations conducted in the first 6 months of 2017 is the same as the total number of counterfeiting cases in the previous year.

IP Infographik

The Chinese government is now reacting with a much tighter policy. The Action Plan for the Protection of Intellectual Property Rights owned by Foreign-invested Enterprises was implemented in September 2017 for a four-month period. This regulation provides stricter sanctions for a number of violations and offenses. Intellectual property is becoming increasingly vital in China. The country is now paying EUR 12.5 billion for the use of foreign IP, and this expenditure has increased by 23% compared to the same period of last year.

Find out more about efficient and sustainable combatting of Chinese counterfeiting and piracy in our videos (in German language):

https://www.youtube.com/watch?v=wBwECsY60vg&feature=youtu.be

https://www.youtube.com/watch?v=f3EcR7bQq8Q&feature=youtu.be

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