Combat Squatting by Registering your Trademark in China

Suing a Chinese Company

To save your product idea and brand image, money spent on filing trademark registration is a wise decision. Although the process of trademark registration in China is a bit time-taking, the protection and security it offers to your company are simply unparalleled. Even before your trademark is approved, the pending process could also deter counterfeiters to imitate your valued brand.

 

Registering your trademark protects it from anyone that attempts to profit from your marketing and product development. Obtaining a registered trademark for your brand’s IP will allow you to use the registered trademark symbol “®” in the name, logo, designs, slogans, and any words associated with your brand.

 

China’s Trademark Law is not Weak

Many people think that weak Chinese trademark law is responsible for the growing number of infringement incidents, but the reality is China’s trademark law already has a number of provisions to combat squatting. The truth is when a foreign company comes to conduct business in China, either they don’t take trademark registration seriously or they take wrong steps on battling the trademark infringement legal disputes.

 

However, the good news is over the last couple of years, several foreign firms especially from the USA have won many trademark infringement cases giving hope to other overseas companies that a tougher line from Beijing is adapted to act swiftly and appropriately to the long-existing trademark squatting practice.

 

Appoint a CTPLO for Protecting your Intellectual Property

It is strongly recommended to seek the advice of the China Trademark and Patent Law Office (CTPLO). The CTPLO aims in offering a fast and highly responsive service along with value-driven bilingual legal services to foreign businesses. The success rate of the self-filed trademark registration is very low as the registering process is quite complex in China. The attorneys of the trademark and patent law office in China can assist you correctly with the trademark filing method.

 

The experience and credibility of CTPLO firms are just too vast and diverse that transcend over a broad range of industries. The level of accountability and credentials exhibited by the China trademark and patent law office is simply unquestionable. CTPLO firms are amazing in handling trademark, patent, industrial design, copyright, records of intellectual property with the Customs, records of intellectual property license, and assignment with the China Trademark Office.

Share with friends:

Economic Aspects Chinese Policymakers Must Solve Now

The trade war between Washington and Beijing is escalating and it will have an enormous impact on the Chinese economy. China said the US spurred the “largest trade war in economic history” under Mr. Trump, Xinhua news agency reported, as the US president threatened tariffs on all $505bn of Chinese imports. The world’s two largest economies have been engaged in a tit-for-tat battle over trade, sparked by US concerns over China’s industrial policies, including the forced sharing of technology.

Business observers expect an advancing inflation for all the China made products in the coming years, as Chinese government responding with the additional tariffs on agricultural items and natural resources for which China depends on the USA suppliers. The latest quid-pro-quo move from China will likely to give better ground to other nations competing with China.

Although China’s once-booming growth rates have slowed markedly in recent years, it is still on track to overtake the United States as the world’s largest economy sometime around 2030, according to a raft of respected researchers. It is the high time for the Chinese authorities to take some of the drastic measures to revive their economy and restore the stability in the manufacturing sector of China.

Here is a list of points China should look after to revive its economy

(A) China needs to solve the deepening debt crisis

China’s economy has always depended heavily on investment into fixed assets such as roads, railways and apartment complexes. But over the last couple of years the deepening debt crisis has an adverse impact on the economy and the US trade embargo will itensify this problem even more. It is advised by the economist that China should take appropriate measures to solve the deepening debt crisis in order to stabilize the economy.

(B) Overall reform required

The strengthened efforts to promote deepened overall reforms, the simplifying of administrative procedures and the delegating of central government power to lower levels of government, along with innovation-driven development, the rule of law, and the fight against corruption, are all contributing to the establishing of a governance system that can ensure China’s sustainable and healthy economic development.

(C) Investment in the social development

Along with the negative effect of the US tariffs, the excess, waste, and dysfunction seemingly pervade the entire social system of China. And a rapidly aging population poses an unavoidable economic challenge that the country seems ill-prepared for. In spite of all these adverse impact, it has been noted that on a number of occasions over the last 40 years, China has managed to defy expectations and reform its way to economic success. This time China needs to invest heavily on the social development to curb the menace of economic slowdown.

To cushion the economy and revive investment, China has sped up infrastructure spending and kept liquidity in the financial system ample. With the U.S. trade tariffs clouding the outlook to growth, Chinese policymakers should try to find solutions that will strengthen the present economic condition of the country.

Share with friends: