This Day, That Year

Editor's note: This year marks the 40th anniversary of China's reform and opening-up policy.

China's consumer markets are booming along with nation's economic development, which in turn provides convenience for sellers of counterfeit goods.

As counterfeiting has flourished in the country over the decades, a lucrative, parallel industry has blossomed to fight it. An item in China Daily highlighted a man named Wang Hai from Qingdao, Shandong province, who was known for fighting counterfeit goods. He was awarded 5,000($725) on Dec 17, 1995.