China says trademark cases up 12.6 pct in 2008 | business | Hindustan Times
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China says trademark cases up 12.6 pct in 2008

business Updated: Mar 16, 2009 11:41 IST

AFP
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China investigated more than 56,000 trademark infringement cases in 2008, up 12.6 per cent from the previous year, the government said.

One-tenth of the 56,634 cases involved foreign brands, an increase of eight per cent from the previous year, the State Administration for Industry and Commerce said in a statement released over the weekend.

Intellectual property protection is gradually becoming more important in China, but fake products continue to be sold in the open, prompting protests from international brands.

The authorities handled 5,858 cases of trademark infringements related to the Beijing 2008 Olympics, which involved goods valued at 34.8 million yuan (5.1 million dollars), according to the statement.

A total of 467 million yuan in fines were collected last year, up 11.9 per cent from the previous year, and 145 suspects faced prosecution, it said.