Xinhua: US accusation of ‘forced technology transfer’ is baseless
Xinhua |
Updated: 2018-10-16 17:17
The United States has once again accused China of “forced technology transfer” and intellectual property theft recently. Those allegations are detached from the facts, insulting to China’s technological achievements, and nothing but a pretext for the global hegemony to stymie the ascent of the world’s largest developing country, Xinhua News Agency says.
China’s remarkable scientific and technological development allows no belittlement, stemming from the hard work of generation after generation of Chinese researchers, and benefits from international cooperation under the country’s long-standing opening-up policy.
Without doubt, technology transfer abounds between Chinese and foreign entities, but that is rooted in the transferring parties’ pursuit of maximum profit. According to the US Bureau of Economic Analysis, China paid the US $7.95 billion in 2016 and $8.76 billion in 2017 for the use of intellectual property. US companies have made huge gains in China over recent years from technology transfer and licensing.
In a recent hearing held by the Office of the US. Trade Representative on proposed tariffs on Chinese products, many US. companies testified that they had never been forced to transfer any technology to Chinese entities.
China has established a high-level intellectual property rights protection system in the past 40 years, regards intellectual property as the driving force for innovation and economic development and treats Chinese and foreign companies equally, said General Francis Gurry, director of the World Intellectual Property Organization.
The United States has once again accused China of “forced technology transfer” and intellectual property theft recently. Those allegations are detached from the facts, insulting to China’s technological achievements, and nothing but a pretext for the global hegemony to stymie the ascent of the world’s largest developing country, Xinhua News Agency says.
China’s remarkable scientific and technological development allows no belittlement, stemming from the hard work of generation after generation of Chinese researchers, and benefits from international cooperation under the country’s long-standing opening-up policy.
Without doubt, technology transfer abounds between Chinese and foreign entities, but that is rooted in the transferring parties’ pursuit of maximum profit. According to the US Bureau of Economic Analysis, China paid the US $7.95 billion in 2016 and $8.76 billion in 2017 for the use of intellectual property. US companies have made huge gains in China over recent years from technology transfer and licensing.
In a recent hearing held by the Office of the US. Trade Representative on proposed tariffs on Chinese products, many US. companies testified that they had never been forced to transfer any technology to Chinese entities.
China has established a high-level intellectual property rights protection system in the past 40 years, regards intellectual property as the driving force for innovation and economic development and treats Chinese and foreign companies equally, said General Francis Gurry, director of the World Intellectual Property Organization.
