China's Ministry of Commerce has released a new plan to carry out intellectual property right protection in 2007.
The new plan, which is called China's Plan In Protecting Intellectual Property Right In 2007, will focus on cracking down on trademark violations. The new plan also sets out a schedule for the legislation of trademark, saying that the Trademark Law will be completed within this year. A new regulation called Famous Trademark Recognition and Management Rule will also be drafted to protect trademarks and many of China's time-honored brands.
Apart from protecting the trademarks, the plan also lists anti-piracy online initiatives as one of MC's main tasks of 2007. MC says it will soon set up an advisory team to monitor online intellectual property violations.