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The new law is better served to crack down on infringements and ensure a fair market for Chinese and foreign trademark holders.
The main aspects of the law consist of the following:
In summary the new law should bring a certain degree of confidence into the Chinese market though certain aspects like the electronic filing system, multi-class registrations, acceptance of sound marks are still vague.
As of June this year, China held the world’s largest number of registered trademarks and valid trademark registrations, at 8.17 million and 6.8 million respectively, according to latest official statistics.
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