For long China has been the hotspot for creating
fakes of many international brands. But
that is set to change. Dongcheng District of Beijing will enhance IPR
protection in Wangfujing Shopping Street to protect brands by governmental
service and supervision.
Nowadays, 53 out of the top 100 world famous brands
have set up stores in Dongcheng District, particularly Wangfujing Shopping
Street where local and international brands converge.
“By governmental service and supervision, on the one hand, the district will provide overall protection for these brands, on the other hand, Dongcheng District will create enabling environment for the development of these brands in the district and Wangfujing Shopping Street,” said a principal from Dongcheng District.
It is a
welcome move on the part of Chinese
government. This move will restore the faith of many international
brands in China.
Contributed by: Abhishek
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