NDRC tackles dishonest behavior

Organizations and individuals in China engaging in severely dishonest behavior in the field of intellectual property right will face restrictions or bans on a wide range of economic activities, according to a document released by the National Development and Reform Commission on Tuesday.

Thirty-eight Chinese government authorities, including the NDRC, will share information and impose multiple punishments on entities engaged in severely dishonest behavior in the field of intellectual property right, such as declining to execute punishments on patent violations and submitting fake documents when applying for patents, according to a memorandum of cooperation signed by the authorities released on Tuesday.

With the multiple punishments taking effect by the end of December as scheduled, organizations and individuals with records of severe dishonesty regarding intellectual property will face difficulties in getting external financing.