Last updated at: (Beijing Time) Thursday, December 04, 2003
China vows to solve IPR disputes between automaker GM, SAIC Chery
A senior Chinese official said Wednesday in Beijing that heads of China's ministry of commerce along with concerned departments met recently on the solution to intellectual property rights (IPR) disputes between US auto giant General Motors (GM) and Chinese car-maker SAIC Chery.
A senior Chinese official said in Beijing Wednesday that heads of China's ministry of commerce along with concerned departments met recently on the solution to intellectual property rights (IPR) disputes between US auto giant General Motors (GM) and Chinese car-maker SAIC Chery.
Zhou Wenzhong, China's vice foreign minister, told reporters at a news briefing that China attaches great importance to the protection work of intellectual property rights.
China made an explicit commitment to protect IPR when it entered the World Trade Organization in 2001, and China would spare no efforts to fulfill it, stressed Zhou.
GM's subsidiary, the General Motors China Group, claimed recently that it was probing suspected copying of models of GM Daewoo Matiz I and Magnus by China's SAIC Chery.
But SAIC Chery rejected the allegation of IPR infringement and said the car models were developed by its own technologies.
The latest official statistics showed that SAIC Chery has been ranked as the eighth biggest automaker in China.