From a report by Argentina Star on Sunday 17th August, 2008, China’s counterfeit peddlers have been doing a roaring trade during the Olympic Games.
During the 2008 Beijing Olympic Games, sellers are ringing up bumper sales to bargain-hunting Olympic visitors, though minimal attempts to crack down on copyright theft.
While authorities tried to run out some of the peddlers and prostitutes before the games, some of the best customers have been visitors wearing the official yellow badges of Olympic visitors.
Even counterfeit versions of the blue and white Olympic volunteer shirts have become fair game for the counterfeiters.
According to another report, China Olympic-related Spending Boosts Retail Sales by 23.3%. The Beijing Olympics, however, has triggered higher sales in the hospitality industry, with receipts at hotels and restaurants gaining 26.5 percent to 116.8 billion yuan.
A Chinese intellectual property official said the world is overestimating the amount of counterfeit goods made in China, and blamed "expensive" copyright goods for driving consumers to fake goods. In 2006, 81 percent of all counterfeit goods seized by the United States came from China, up from 65 percent a year earlier, according to U.S. government statistics.
Showing posts with label counterfeit. Show all posts
Showing posts with label counterfeit. Show all posts
8/12/08
Counterfeit China goods overestimated
BEIJING (Reuters) - A Chinese intellectual property official said on Tuesday the world is overestimating the amount of counterfeit goods made in China, and blamed "expensive" copyright goods for driving consumers to fake goods.
"There is a certain amount of pirated DVDs sold in China that are produced outside of the country," Yin Xintian, the director of the State Intellectual Property Office, told reporters.
While Yin did not provide any details, he said some counterfeiters were importing fake goods into China to avoid Beijing's crackdown on these items.
In 2006, 81 percent of all counterfeit goods seized by the United States came from China, up from 65 percent a year earlier, according to U.S. government statistics.
More than 80 percent of the world's counterfeit or unsafe products, including toys, jewelry, clothing and electronic goods, come from China.
"One problem is that the price of copyrighted products is far higher than pirated goods," said Yin.
"If they lowered the price of copyrighted goods, the profits and incentive to counterfeiters would also be reduced," he said.
In an attempt to stem rampant software piracy, Microsoft Corp in 2006 lowered its software prices in exchange for pre-installing its operating system in PCs made by Lenovo Group Ltd, China's largest PC maker, and three other leading Chinese manufacturers.
Yin's comments come just days after China's State Administration of Industry and Commerce (SAIC) said that it had processed 2,882 cases of counterfeit or illegal Olympics goods and over 1,000 of them had come in May and June of this year.
European officials have said China has made progress in combating counterfeit goods, but it still accounts for some 60 percent of all such products that reach European shores.
(Reporting by Kirby Chien; Editing by Valerie Lee; Recommended by CGN)
"There is a certain amount of pirated DVDs sold in China that are produced outside of the country," Yin Xintian, the director of the State Intellectual Property Office, told reporters.While Yin did not provide any details, he said some counterfeiters were importing fake goods into China to avoid Beijing's crackdown on these items.
In 2006, 81 percent of all counterfeit goods seized by the United States came from China, up from 65 percent a year earlier, according to U.S. government statistics.
More than 80 percent of the world's counterfeit or unsafe products, including toys, jewelry, clothing and electronic goods, come from China.
"One problem is that the price of copyrighted products is far higher than pirated goods," said Yin.
"If they lowered the price of copyrighted goods, the profits and incentive to counterfeiters would also be reduced," he said.
In an attempt to stem rampant software piracy, Microsoft Corp in 2006 lowered its software prices in exchange for pre-installing its operating system in PCs made by Lenovo Group Ltd, China's largest PC maker, and three other leading Chinese manufacturers.Yin's comments come just days after China's State Administration of Industry and Commerce (SAIC) said that it had processed 2,882 cases of counterfeit or illegal Olympics goods and over 1,000 of them had come in May and June of this year.
European officials have said China has made progress in combating counterfeit goods, but it still accounts for some 60 percent of all such products that reach European shores.
(Reporting by Kirby Chien; Editing by Valerie Lee; Recommended by CGN)
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