China's Ministry of Commerce Aims to Foster Domestic Enterprises for Global Market

China's Ministry of Commerce (MOC) has launched an initiative to build an intellectual property right protection network in three years to support domestic enterprises' participation in the global market. The program aims to foster 300 notable brands and 1,000 large enterprises with international competitiveness by the end of the 11th Five-Year Program period in 2010. MOC is also promoting a brand movement and providing development platforms for Chinese enterprises to expand globally.

Key Takeaways:

• China's Ministry of Commerce has allocated a special fund to construct an intellectual property right protection network in 50 cities, with the goal of completing the project within three years.
• The network will include intellectual property right protection and complaint handling centers, an evaluation and warning platform, and a capable law enforcement and coordination contingent.
• MOC is promoting a brand movement to foster 300 notable brands in 3-5 years, supporting enterprises to participate in international exhibitions, marketing activities, and after-sales service.
• The initiative aims to foster 1,000 large enterprises offering outsourcing services worldwide and strengthen Chinese enterprises' global competitiveness.
• The Ministry of Commerce will also support Chinese enterprises' globalization efforts by simplifying administrative examination and approval procedures.

Statistics:

• 50 cities will have intellectual property right protection and complaint handling centers built.
• 300 notable brands are expected to be fostered through the brand movement initiative.
• 1,000 large enterprises are expected to offer outsourcing services worldwide.
• The 11th Five-Year Program period is set to run from 2006-2010.

Sources:

• Asia Pulse, "China launches intellectual property right protection network", September 4.
• (XIC), "MOC to Foster 300 Notable Brands by 2010".