WASHINGTON: China has pledged to “significantly reduce” widespread piracy and counterfeiting of US goods that cost American companies billions of dollars annually, a US trade official said on Wednesday.
The official, speaking on the condition that she not be identified, said China also had promised to conduct a “series of raids” aimed at shutting down Chinese companies that illegally copy and counterfeit US goods.
The new commitments were the result of a high-level meeting on Wednesday between Chinese Vice-Premier Wu Yi and a team of senior Bush administration officials – including US Commerce Secretary Don Evans, US Trade Representative Robert Zoellick and US Agriculture Secretary Ann Veneman.
“China has confirmed and presented an action plan with a stated goal ... to significantly reduce IPR (intellectual property rights) infringement,” the US official said.
Wu’s team also promised other actions aimed at making it easier for American companies to do business, she said.
China intends to publish final regulations by July 1 – or about six months ahead of schedule – allowing US companies to import into and export from China without going through an intermediary, the US official said.
In response to another US concern, China has agreed to delay “indefinitely” the proposed new encryption standards for wireless products that American companies complain would have forced them to transfer technology to their Chinese competitors to make sales in that country.
The US aide said China would let the market decide on a technical standard for wireless cell phones, rather than choosing the standard itself. – Reuters
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