UK exports to China were worth $24.5bn (£15.7bn) in 2013. So the visit forms part of the UK government’s ambitious target of doubling UK exports to £1tn by 2020, and within this to double UK exports to China from their 2010 level to $30bn. The trip began with the second UK-China IP Symposium held in Beijing, hosted in partnership with Chinese State Intellectual Property Office (SIPO). There, Neville-Rolfe announced that both countries will do joint work focused on topics related to global patent reform and making IP systems more efficient for users. China-Britain Business Council’s chief executive, Stephen Phillips, said: “Protection of IP is important to every business that has invested time and effort in its development. We are encouraged by the clear commitment of China to ensure better IP enforcement – something that is really important as China continues to move up the value curve.” Neville-Rolfe echoes this sentiment. He said: “There is huge potential for British firms to do business with China, generating new jobs and economic growth in both countries. While many UK companies already have strong trading relationships with China and work hard together to continue to reduce any barriers to doing business.” Issues that the visit will help to address include working more closely with the Chinese authorities to tackle IP crime and reduce the amount of counterfeit goods exported from China. For example, 70 per cent of counterfeit goods seized at EU borders currently originate from China. By Shané Schutte
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.