Chinese government will work to strengthen intellectual property rights (IPR) protection, China’s Vice Premier Wu Yi said on a national conference for directors of intellectual property offices recently. China has made progress in the past 30 years in IPR protection, represented by the growing number and quality of IPRs which have been widely and effectively applied to practical production, Wu said…
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The parent of China Mobile (0941.HK: Quote, Profile, Research), the country’s top wireless operator, have started commercial trials of a homegrown third-generation wireless standard, TD-SCDMA, in eight cities on April 1, state media said recently. Shares in several Hong Kong-listed equipment vendors, including China Communications Services Corp Ltd (0552.HK: Quote, Profile, Research) and China Wireless Technologies Ltd (2369.HK: Quote, Profile, Research), rose on Friday, as investors anticipate heavy spending on telecoms gear.
The commercial trials will help to improve TD-SCDMA technology, as well as provide better mobile services during the Beijing Olympics, according to Xinhua News agency […]
Culminating a 13-year drafting process, on August 30 the Standing Committee of the National People’s Congress enacted China’s first competition law, the Anti-Monopoly Law ( [Fan Longduan Fa] ). It prohibits discriminatory and anti-competitive practices by local administrative and public bodies against products, business operators and investors from other parts of China, and Fines for monopoly agreements and abuses of dominant position may range as high as one to ten percent of the wrongdoing company’s total sales volume in the relevant market during the previous year…