The unveiling ceremony of the China International Economic and Trade Arbitration Commission Intellectual Property Arbitration Center and the Seminar on Intellectual Property Protection and Dispute Resolution were recently held in Beijing. Ren Hongbin, President of the China Council for the Promotion of International Trade, said at the unveiling ceremony that he will strive to make the Intellectual Property Arbitration Center the first choice for intellectual property dispute resolution.
The opening ceremony of China International Economic and Trade Arbitration Commission Intellectual Property Arbitration Center. (Photo courtesy of China Council for the Promotion of International Trade)
The Outline for Building a Powerful Intellectual Property Country (2021-2035) proposed to establish and improve intellectual property arbitration, mediation, Notarization, identification and rights protection assistance system, and strengthen the construction of relevant systems. The “14th Five-Year Plan for the Protection and Utilization of National Intellectual Property Rights” proposes to improve the diversified resolution mechanism for intellectual property disputes. Cultivate and develop intellectual property mediation organizations, arbitration institutions, and notary institutions.
Ren Hongbin introduced that the China International Economic and Trade Arbitration Commission established by the China Council for the Promotion of International Trade is the earliest and most representative permanent arbitration institution in China. The earliest foreign-related arbitration institution established in China. Since its establishment, CIETAC has heard more than 50,000 domestic and foreign arbitration cases involving more than 100 countries and regions. In 2021, CIETAC will be rated as one of the top 5 most popular arbitration institutions in the world.
In addition, in terms of arbitrator team building, CIETAC currently has 1,698 arbitrators, including 438 from 85 countries and regions. Foreign and Hong Kong, Macao and Taiwan arbitrators. More than 200 arbitrators with intellectual property expertise and practical experience can provide independent, impartial and efficient services for complex and new arbitration cases.
Ren Hongbin said that it is necessary to make full use of the advantages of CIETAC’s experience, experts and network, and combine the characteristics of intellectual property dispute resolution with strong professionalism. , continuously improve the level of internationalization, specialization, digitization and informatization, vigorously promote international intellectual property cooperation, continuously improve the international credibility and competitiveness of intellectual property arbitration centers, and promote the construction of my country’s market-oriented legalization and international business environment. (Ou Likun, Xie Xiyao)
[Source: Xinhua News Agency Client]
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