China moves to en­act deal

▶ US must re­spect in­dus­trial up­grade strat­egy: ex­perts

Global Times - - FRONT PAGE - By Yang Sheng

As Chi­nese gov­ern­ment agen­cies signed a mem­o­ran­dum of co­op­er­a­tion to strengthen pro­tec­tion of in­tel­lec­tual prop­erty, China im­me­di­ately be­gan to im­ple­ment the con­sen­sus reached by Chi­nese and US lead­ers in Ar­gentina to pre­vent es­ca­lat­ing trade fric­tions.

If Wash­ing­ton wants to meet Bei­jing half­way, it should also show some sin­cer­ity and ac­tion, Chi­nese ex­perts said on Wed­nes­day, and that in­cludes re­spect­ing China’s right to up­grade its in­dus­tries and main­tain its ef­fi­cient eco­nomic sys­tem.

“We are con­fi­dent about the im­ple­men­ta­tion [of the con­sen­sus from the meet­ing be­tween the lead­ers of the two coun­tries].” a spokesper­son for the Min­istry of Com­merce (MOFCOM) said on Wed­nes­day in a state­ment on the min­istry’s of­fi­cial web­site.

“In 90 days, eco­nomic and trade teams of both sides will ac­tively push for­ward the con­sul­ta­tion fol­low­ing a clear sched­ule and road map.”

China will start by im­ple­ment­ing spe­cific as­pects of the newly reached con­sen­sus as soon as pos­si­ble, ac­cord­ing to the spokesper­son.

On Tues­day China made con­crete moves on in­tel­lec­tual prop­erty.

A to­tal 38 gov­ern­ment agen­cies in­clud­ing the Na­tional De­vel­op­ment and Re­form Com­mis­sion (NDRC), the Peo­ple’s Bank of China and the Na­tional In­tel­lec­tual Prop­erty Ad­min­is­tra­tion Tues­day signed a mem­o­ran­dum of co­op­er­a­tion for joint ef­forts to strengthen pun­ish­ment for in­tel­lec­tual prop­erty in­fringe­ments.

Dis­hon­est con­duct from in­di­vid­u­als or en­ter­prises such as re­peated patent in­fringe­ments or fal­si­fi­ca­tion of doc­u­ments dur­ing patent ap­pli­ca­tions will be sub­ject to joint pun­ish­ment, ac­cord­ing to the memo posted on the NDRC web­site on Tues­day.

Wrong­do­ers will be black­listed, their names pub­li­cized on the cred­ web­site and shared among gov­ern­ment agen­cies.

Wrong­do­ers will find it harder to ob­tain gov­ern­ment fi­nan­cial sup­port, par­tic­i­pate in gov­ern­ment pro­cure­ment, is­sue cor­po­rate bonds or ac­quire gov­ern­ment land sup­ply, ac­cord­ing to the mem­o­ran­dum.

Chi­nese For­eign Min­istry spokesper­son Geng Shuang said at Wed­nes­day’s rou­tine press con­fer­ence “this proves China is im­prov­ing pro­tec­tion of in­tel­lec­tual prop­erty and launch­ing ac­tions to strike il­le­gal ac­tiv­i­ties.”

While China takes ac­tions to im­ple­ment the con­sen­sus, Trump ad­min­is­tra­tion of­fi­cials like na­tional se­cu­rity ad­vi­sor John Bolton said they planned to take a tough stand in their 90-day trade ne­go­ti­a­tions with China, the Wall Street Jour­nal re­ported on Tues­day.

“China doesn’t like to talk too much to show who is mak­ing more com­pro­mises or who is win­ning as we pre­fer to let ac­tions an­swer,” said Li Haidong, a pro­fes­sor at the Bei­jing-based China For­eign Af­fairs Univer­sity.

No mat­ter how many con­sen­suses both sides have reached, it re­quires im­ple­men­ta­tion to turn the con­sen­suses into re­al­ity with an ac­tual so­lu­tion, Li said.

But the Trump ad­min­is­tra­tion is still throw­ing tough words around so­cial me­dia while hard-liner Robert Lighthizer has been sent to ne­go­ti­ate with China, he noted.

“The con­sen­sus won’t work if Lighthizer al­ways pushes China to com­pro­mise with­out any feed­back from the US side,” Li said.

Jin Can­rong, as­so­ciate dean of Ren­min Univer­sity of China’s School of In­ter­na­tional Stud­ies, told the Global Times on Wed­nes­day that the con­sen­sus is win-win for both sides.

“The US at least gets three im­por­tant things from us: a restart on im­port­ing US agri­cul­tural prod­ucts, the green light for the Qual­comm-NXP deal and the Fen­tanyl is­sue.”

How­ever, what China wants is sim­ple, Jin said. “Re­spect­ing China’s right to up­grade in­dus­tries: ‘Made in China 2025.’ This is China’s bot­tom line, which leaves no room to talk,” he said.

US of­fi­cials have “in­di­rectly ac­knowl­edged that China’s eco­nomic sys­tem is more ef­fi­cient than the US,” Jin said, “but they refuse to re­form their own sys­tem. In fact, the US has never stopped sub­si­diz­ing its com­pa­nies and now it’s us­ing dou­ble stan­dards to pres­sure us. This is un­ac­cept­able.”

Im­prov­ing pro­tec­tion of in­tel­lec­tual prop­erty is not only be­cause of trade ne­go­ti­a­tions with the US, Jin said. It also meets China’s own re­quire­ments for deep­en­ing re­form, he noted.

Photo: AFP

A shop­per sur­veys a Michael Kors store at a mall in lower Man­hat­tan on Tues­day in New York City. As Chi­nese con­tinue to slow their pur­chas­ing of lux­ury goods in the US, stores like Michael Kors are feel­ing a slump in sales. Chi­nese shop­pers have been more re­luc­tant to spend as the Chi­nese econ­omy has slowed and the do­mes­tic hous­ing mar­ket has cooled.

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