Business / Policy Watch

More info will improve China's market climate

(Xinhua) Updated: 2014-02-20 11:29

BEIJING - To improve the market climate in China, manufacture of counterfeit or shoddy goods and intellectual property rights (IPR) violations, will be made public.

According to a document endorsed by the State Council, China's Cabinet, information about the manufacture and sale of counterfeit or substandard products, as well as IPR infringements, will be disclosed to the public following legal procedures within 20 working days of an administrative decision.

The move is part of efforts to step up government transparency, and is expected to help promote development of a credit services market.

Case details, penalties and evidence will be made public via government websites, bulletins, press conferences, newspapers and magazines, radio and television.

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