Good afternoon. Welcome to IP cafe. Here is Maggie and Here is Elena. Now take a cup of coffee and enjoy the five minutes latest IP News in China with us.
Here is our headline.
IPR Given High Priority at Two Sessions
Alibaba Settles TM Suit with Cryptocurrency Firm
Xiaomi Secures Partial TM Win before EU Court
China's intellectual property rights protection will be further intensified via legislation and law enforcement to maintain market order and improve economic and technological development. "I believe we will have a bright future if we continue to highlight IPR protection in various aspects," said Ma Yun, who is also a deputy to the 13th National People's Congress. He also welcomed a draft amendment to the Patent Law, noting plans to raise the range of fines for violators to between 100,000 yuan and 5 million yuan when the loss to patent holders, or the benefits gained by violators, cannot be determined. The current range is from 10,000 yuan to 1 million yuan. "This means IPR protection is a high priority, as evidenced by the legislation," he said, adding he hoped the draft, which was submitted to the NPC Standing Committee for the first review in December can be adopted after being further improved this year. Wang Chuang, deputy chief judge of the new Beijing IP Court, said about 30 judges with years of experience hearing IPR cases work for the new court, and nearly a third of them having backgrounds in science and engineering. "We'll also make full use of technology, including big data and artificial intelligence, to help the judges efficiently resolve IPR disputes," Wang said.
Violator: /'vaɪə,letɚ/ n. 违背者；违反者；妨碍者 someone who violates the law
例句：Candidates should obey the rules of examination; violator will be punished by warning and even be canceled their right of examination by the host organization.
Chinese e-commerce platform Alibaba has reached a worldwide settlement with cryptocurrency company ABBC Foundation, bringing a trademark dispute between the pair to an end. The companies announced they had settled the lawsuit brought by Alibaba in April last year, which accused Dubai-based ABBC Foundation (known as Alibabacoin Foundation prior to the settlement) of operating an "unlawful scheme to misappropriate" Alibaba's renowned brand name. Filed at the US District Court for the Southern District of New York, Alibaba alleged that ABBC had used the "Alibaba" trademark to raise more than $3.5 million in crypto assets known as "AlibabaCoins" from investors via crowdfunding. Alibaba also claimed that ABBC featured some of the e-commerce platform's trademarks in materials that solicited investment in the US. District Judge Kimba Wood initially issued a temporary restraining order but, in April last year, District Judge Paul Oetken refused to grant a preliminary injunction against ABBC. Alibaba was given a second chance to show why the New York court should hear the case and, in October 2018, the court granted a preliminary injunction against the Dubai-based company. Until March 12, Alibaba and ABBC said that they had agreed a settlement, under which ABBC will not use trademarks that include the term ‘Alibaba' worldwide.
Asset: /'æset/ n. 资产；优点；有用的东西；有利条件；财产；有价值的人或物 a useful or valuable quality
例句：On the other hand, your debt is an asset to the bank, but it is your liability.
Chinese electronics company Xiaomi managed to secure a partial win before the EU General Court yesterday, March 12, in a case involving a figurative trademark. The General Court annulled part of a European Union Intellectual Property Office’s (EUIPO) appeal board’s decision in a dispute involving Xiaomi and Spanish company Dudingen Develops. Dudingen Develops applied to register a figurative sign as an EU trademark in November 2014, covering class 9 (for goods including electrical cables and power adaptors) and class 18 (rucksacks). Xiaomi appealed against the decision, arguing that the General Court should annul the part of the appeal board’s decision where it found that there was no likelihood of confusion for the remaining goods in class 9 and 18. Xiaomi’s representatives Thomas Raab and Christian Tenkhoff, a partner and senior associate based in Taylor Wessing’s Munich office, said: “It’s good news that the court annulled the decision of the Board of Appeal. Clearly, the court did not agree with the board's very restrictive approach to comparing the products at issue.”
Rucksacks: /'rʌksæk; 'rʊk-/ n. 帆布背包 a large bag, often supported on a light metal frame, carried on the back and used especially by people who go climbing or walking
例句: He had a small green rucksack slung over one shoulder.
That's today's news. If you looking for more IP event in China, please visit www.chinaipmagazine.com. See you next Friday and have a nice weekend.
