Korean media Korean companies' trademark registration cases in China are increasing

Yonhap News Agency reported on September 22 that Lee Zhouhuan, a member of the "National Forces" party member of the Korea National Assembly Industry and Trade Resources Committee for Small and Medium Venture Enterprises, published a report on the 22nd showing that the Chinese agent "squatted or embezzled" Korean trademarks in the past five years As a result, Korean companies suffered as much as 32.588 billion won (about 200 million yuan).

　　 Specifically, in 2016 and 2018, the number of local trademarks stolen was 535 and 1,666 respectively. This year, the number reached 2,391 from January to August alone.

　　 Li Zhouhuan said that the misappropriation of trademark rights abroad caused huge losses to domestic enterprises, and called on the government to take active measures to increase intellectual property protection.