"Made in Yiwu" Innovations Escorted by Intellectual Property Protection

The State Council issued the Several Opinions on Building a Powerful Intellectual Property Nation under New Conditions, which clearly required implementing stricter intellectual property protection in order to promote the vigorous development of new technologies, industries, and business types. As the efforts on intellectual property protection are intensified, more and more private enterprises of Yiwu take up legal weapons to fight for "intellectual property protection". According to statistics, the number of local independent intellectual property rights of Yiwu that have been successfully registered at the General Administration of Customs has increased from less than 30 before the founding of Yiwu Customs in 2009 to 749 at present, realizing a nearly 24-fold rise over the period. Now many enterprises are actively gaining new competitive advantages by innovation and the grasp of intellectual property and enjoying concrete convenience and tangible benefits brought by intellectual property protection.

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Nick Bryant
ICTC Imp. & Exp. Co., Limited.
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