Liu Junchen, Vice Minister of SAIC met with the Deputy Minister of Economy and Sustainable Development of Georgia, Mr. Genadi Arveladze, and expressed to strengthen communication and cooperation, and to inject fresh momentum for economic development.
On May 11, Liu Junchen, vice minister of SAIC met with the visiting deputy minister of Economy and Sustainable Development of Georgia, Mr. Genadi Arveladze. Liu Junchen indicated that SAIC constantly deepened business system reform, strengthened trademark protection, and tried to create an international, legitimate and convenient business environment for both domestic and foreign investors, and to promote world intellectual property development.
Liu Junchen firstly welcomed the visiting by Mr. Genadi Arveladze and his delegation, and introduced SAIC’s obligations and China’s business system reform and trademark and brand work. Liu Junchen introduced that since 2013, SAIC comprehensively promoted business system reform, quickened the promotion of business environment facilitation, which strongly promoted the popular entrepreneurship and mass innovation, and increased market entities. After the reform, there were about 12,000 new enterprises registered daily. Trademark application also grew fast at the meantime. In 2015, there were 2.876 million trademark applied which added the accumulative registrations to be 12.25 million, and 10.34 million still in force. By the end of 2016, there were 3091 Geographical Indications registered as collective marks or certification marks, and 84 were registered by foreigners.
Liu Junchen expressed China and Georgia had an increasingly close trade relations. He hoped the concluding of free trade agreement between China and Georgia would inject fresh momentum for economic development. He also wished to strengthen bilateral trademark communication. In the strategy for One Belt and One Road Initiative, trademark and brand protection was the important part. Chairman Xi Jinping stressed to promote the transformation of Made in China to Innovated in China, of Chinese speed to Chinese quality, of Chinese products to Chinese brands. Premier Li Keqiang also stressed in his government report to foster Chinese golden brands. Liu Junchen hoped that more and more Chinese brands could go out of China, and more and more Georgian brands could come to China.
Mr. Genadi Arveladze expressed his pleasure to lead a delegation for the negotiation on China and Georgia free trade agreement. He believed that the agreement would further promote the development of bilateral trade and economic relation, and the IP chapters in the agreement would well facilitate trademark holders of both countries. He hoped to sign MOU with SAIC to strengthen IP cooperation.
During the meeting, both sides also communicated on the IP protections in free trade agreement, and Georgian GI registrations in China.