Advertisement

China to strengthen crackdown on fake goods, online piracy: Report

China will make fighting online piracy and the sale of fake goods to emerging markets a key priority this year, the state-run Xinhua news agency reported Chinese vice-premier Wang Yang as saying.

Advertisement
FP Archives|Mar 18, 2016, 09:02:46 IST

China will make fighting online piracy and the sale of fake goods to emerging markets a key priority this year, the state-run Xinhua news agency reported Chinese vice-premier Wang Yang as saying.Wang, who Xinhua said made the remarks at a televised conference on fake products on Thursday, said the crackdown was crucial to achieving an innovation-driven economy and supply-side structural reform.Products sold to emerging markets in Africa and Latin America will be closely scrutinised to protect the image of "Made in China" goods, he said, while the government will also look to strengthen market supervision in suburban areas and promote the use of original software by companies.Wang said 1.1 million piracy cases had been handled since China's new leadership took over in 2013, with 59,000 cases prosecuted and 78,000 violators sentenced.On Tuesday, China's annual consumer rights day TV show took aim at faked online sales, online food delivery apps and dodgy false teeth.In November last year, China's e-commerce giants like Alibaba reportedly submitted a report to the Chinese lawmakers saying only 58.7 percent of items in online trades were genuine or of good quality last year with the remaining 40 percent shoddy or counterfeit.Reuters

Advertisement
Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Mar 18, 2016, 09:02:46 IST
Advertisement
Advertisement
Trending Stories

China's Kimi K3 challenges US AI leaders with frontier-level performance at lower cost

Chinese artificial intelligence startup Moonshot AI has unveiled its latest open-weight AI model, Kimi K3, with early results suggesting it could compete with some of the world's most advanced AI systems developed by leading US companies
2 min read
Advertisement
Advertisement
Up Next