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China Daily | Updated: 2019-09-19 08:14

Beijing

Cultural exhibition promotes exchanges

The China Cultural Intellectual Property and Innovative Design Exhibition, running from Sept 12 to 15 at the National Agricultural Exhibition Center, served as a platform for cultural companies to release their latest products, exchange creative ideas and cooperate in creation, distribution, design, production and commercialization, organizers said.

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Shanxi

Regulation rolled out to relieve pressure

The Shanxi government recently rolled out a new regulation on government financial aid for patent-collateralized loans, aimed at helping local tech companies relieve financing pressure. According to the regulation, a special fund established by the provincial government will be used to cover loan interest, as well as other fees for insurance, guarantees and assessment. Applicants for the fund, if they can meet the requirements, will be funded up to 200,000 yuan ($28,210).

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Shanghai

Punitive damages ordered in legal case

The Shanghai Pudong New District People's Court ruled in a trademark case in early September, ordering the defendant, a fitness equipment manufacturer headquartered in neighboring Zhejiang province, to pay punitive damages, or three times the US plaintiff's losses worth 1 million yuan ($141,070). It is the first court ruling adopting punitive damage in Shanghai, since the prevention mechanism was introduced to the revised Trademark Law in 2013. Considering the defendant's repeated infringements, diverse distribution channels and refusal to submit sales records to the court, the judges found its infringement "malicious" and "serious" and thus granted the damages ruling.

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Hunan

Computer congress reveals innovations

The World Computer Congress held in Changsha, capital of Hunan province, earlier this month showcased the latest innovations in the industry. Experts from China and abroad shared their insights into a variety of topics, including the future and computers, 5G and cybersecurity, at a main forum as well as nine themed forums. China's computer sector generated 1.95 trillion yuan ($275.11 billion) in business revenue in 2018, an increase of 8.7 percent from a year earlier, ranking the country first globally, according to the Ministry of Industry and Information Technology.

PEOPLE'S DAILY

Shaanxi

GI to be highlighted at agricultural expo

An agricultural expo is scheduled for October at the Yangling Agricultural High-tech Industrial Demonstration Zone in Shaanxi province. As a co-host of the event, the National Intellectual Property Administration said it will bring a group of influential farm products carrying registered geographical indications to the expo, hoping to increase GI awareness and spur growth of local economy.

CHINA INTELLECTUAL PROPERTY NEWS

Guangdong

Invention event to bring tech to table

A national invention expo is slated to open in November in Foshan, aimed at advancing a national innovation-driven development strategy, organizers said. Highlights of the event will include a competition focusing on technological innovations from Brazil, Russia, India, China and South Africa, a contest focusing on the civil use of original military inventions and roadshows for tech projects.

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(China Daily 09/19/2019 page17)

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