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Statutory and punitive damages
In China, the amount of damages awarded by a people s court to compensate the prejudice caused by the infringement of an IP right is calculated according to a method which is the same in all of the IP laws (ie, the Trademark Law, the Patent Law, the Anti-unfair Competition Law, the New Plant Varieties Law and the Copyright Law). Plaintiffs must prove the amount of prejudice by applying this calculation method. They may:
base such a calculation on:
their losses;
the amount of illegal gains obtained by the infringer from the infringement; or
a reasonable level of the royalties that would have been paid if the infringer had obtained authorisation to use the IP right; or
Stronger laws and greater interest from authorities and judges are increasing the use of trade secrets in China, says Xiaojun Guo of CCPIT Patent and Trademark Law Office.
SOURCE / ECONOMY
By Global Times Published: May 10, 2021 12:28 PM
Primary students receive text books for the new semester at their homes in Xinyu city, East China s Jiangxi province, Feb 26, 2020. Chinese schools have suspended the new semester and moved the classrooms online because of the novel coronavirus outbreak. (Photo: China News Service/Zhao Chunliang)
Chinese regulators have fined Alibaba-backed Zybang and Tencent-invested Yuanfudao, two after-school training institutions at maximum fine of 2.5 million yuan ($389,000) each in the country s most recent effort to standardize the e-commerce sector and crack down upon after-school training chaos that have already aroused protests among many Chinese parents.
According to a WeChat article published by the State Administration for Market Regulation (SAMR), both of the two aforementioned institutions have posted false information on their websites. Zybang, example, misleadcustomers by saying that it is cooperating with th
To the Board of Directors of China Resources Power Holdings Company Limited We have been engaged by the Board of Directors of China Resources Power Holdings Company Limited (the Company ) to perform a limited assurance engagement in relation to the selected data listed below and identified with an asterisk [ ] on page 77 to 79 (the Selected Sustainability Information ) in the Company s Sustainability Report for the year ended 31 December 2020 (the 2020 Sustainability Report ). Selected Sustainability Information Selected Sustainability Information# Nitrogen Oxides (NOx) emissions rate (g/kWh) Sulphur Dioxide (SO2) emissions (kt) Sulphur Dioxide (SO2) emission rate (g/kWh) Particulates emissions (kt) Installation rate of desulfurization device in coal-fired thermal power plants (%)