December 13, 2009
My post of 2 December expressed concern about growing protectionism and China’s contribution to this.
China published a circular on 15 November, establishing “an Indigenous Innovation Product Accreditation system”. To be eligible for public sector contracts, firms must have obtained accreditation by 10 December 10. The new rules require that products should be linked to “intellectual properties owned by or developed in China.” Products with trademarks have to be first registered in China.
A group of 34 foreign organizations have protested, by letter of 10 December to the government, stating that, apart from the “unworkable” timeframe for accreditation, “the very restrictive and discriminatory program criteria would make it virtually impossible for any non-Chinese supplier to participate—even those non-Chinese companies that have made a substantial and long-term investments in China.”
Author : Stanley Crossick