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date
25/04/2025
Banking stocks fell in the afternoon and then rebounded, with regional city commercial banks leading the gains. Wuxi Bank rose over 3%, while Qingnong Commercial Bank, Shanghai Rural Commercial Bank, and Qingdao Bank all rose over 1%. The four major banks saw their losses narrow collectively.
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1 m ago
A reporter asked: Recently, someone posted a video on American social media platforms claiming that they could directly purchase internationally renowned branded products at a low price from so-called Chinese "OEM factories". Many American consumers expressed their desire to buy, but some also questioned whether it involved infringement and counterfeiting. What is your comment on this? We have noticed recent reports that despite the unilateral tariff increases imposed by the United States on China for some time, many American consumers are still rushing to online platforms to purchase "Made in China" products. This fully demonstrates that Chinese products are of high quality and good price, and "Made in China" enjoys a good reputation worldwide and is welcomed by consumers from various countries. The imposition of tariffs cannot change the market dynamics. The progress and achievements made by the Chinese government in protecting intellectual property rights have been widely recognized. In recent years, China's market regulatory authorities have continuously strengthened administrative law enforcement, investigated and handled trademark infringement and patent counterfeiting cases in accordance with the law, and carried out special law enforcement actions to protect intellectual property rights and combat online unfair competition in order to better protect the legitimate rights and interests of rights holders and consumers. At the same time, various levels of commerce authorities have actively implemented the 'Quality E-commerce Cultivation Action' to promote major e-commerce platforms to fulfill their main responsibilities, conduct qualification access and AI + manpower review, and strengthen the entire process control of intellectual property rights protection. Regarding the claim that some people can purchase international renowned brands at a low price from so-called "OEM factories", after consulting relevant industry associations, it is understood that Chinese brand-authorized processing enterprises attach great importance to protecting intellectual property rights and will produce, deliver, and maintain the international brand image in accordance with the order requirements of the contract. For any illegal clues such as false marketing and infringement from so-called "OEM factories", we will promptly transfer them to the administrative law enforcement departments for investigation and handling in accordance with the law.
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