Legal-Express

During the Jan.-Sept. period, non-financial FDI into the country totaled 859.5 billion yuan. In U.S. dollar terms, FDI into the Chinese mainland totaled 129.3 billion U.S. dollars, up 25.2 percent year on year.

FDI into the service sector increased 22.5 percent in yuan terms, while high-tech industries saw FDI inflow jumping 29.1 percent year on year, data from the ministry showed.

The 130th China Import and Export Fair concluded in Guangzhou, Guangdong province, on Tuesday after attracting more than 600,000 visitors from around the world.

About 8,000 domestic and foreign companies displayed their latest products and technology in an exhibition area of 400,000 square meters, with 51 exhibition zones. An additional 26,000 firms exhibited their technologies, goods and services online in search of Sino-foreign cooperation and exchanges and an increased presence in world markets.

Meanwhile, the Pearl River International Trade Forum, a State-level event, was held for the first time to further expand the fair's influence.

At the opening ceremony, the World Intellectual Property Organization (WIPO) and the NCAC presented the WIPO-NCAC Copyright Awards, including the creativity awards and the awards for copyright utilization, copyright protection, and copyright administration management.

An exhibition marking the 30th anniversary of the implementation of the Copyright Law in China, and seminars on topics such as copyright protection in the fields of the film industry, private economic development and short-video platforms will be held during the expo.

Yan Jun, Head of Law Enforcement Inspection Bureau under the State Administration for Market Regulation (SAMR) introduced that in response to the key fields with high incidence of IPR infringement and counterfeiting and highlighted issues, it is necessary to severely investigate and handle illegal acts, such as trademark infringement, counterfeiting patents, infringements on GIs, and malicious trademark applications. SAMR maintained severe crackdown on infringements. In January to August this year, a total of nearly 20,000 cases were investigated and handled nationwide.

The National Development and Reform Commission, China's top economic regulator, unveiled on Friday the latest draft version of the negative list for market access.

The draft list for 2021 indicates areas where investment is prohibited or restricted; all other areas are presumed to be open. It now comprises 117 items, compared with 123 in the 2020 version, according to the NDRC.

China is the world's largest applicant for patents involving biological breeding, said a report issued by the Development and Research Center of the China National Intellectual Property Administration (CNIPA) on Sept. 28.

According to the report, the number of patent applications involving biological breeding is on the rise globally, and most applicants came from China and the U.S.

China's central bank on Friday announced a ban on all cryptocurrency payments and services, escalating its ongoing clampdown on bitcoin and other digital coins as it moves to roll out its own virtual currency.

Chinese regulators' latest action "strictly prohibits" exchanging cryptocurrency for legal tender, providing information or pricing services, and trading in cryptocurrency derivatives. The measure also applies to overseas exchanges that provide services online within the country's borders. Violators will face criminal penalties.

The 13th China-Northeast Asia Expo launched online and offline in Changchun, capital of northeast China's Jilin Province, on Thursday.

Over 1,000 enterprises from countries and regions in Northeast Asia are expected to participate in this five-day event.First launched in 2005, the expo has become a major platform for countries in Northeast Asia to build consensus and conduct economic and trade cooperation, with a total of 2,822 cooperation projects signed.