China to curb intellectual property infringement

China plans to introduce a system of punitive damages for intellectual property infringements, Reuters reported citing Xinhua. Shen Changyu, head of the State Intellectual Property Office, said that the office will set up an IP rights protection system for trademarks, patents and geographical indications. Mr. Changyu said that the system will work with overseas agencies and ensure offenders pay a big price for IP infringements.

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