CX Daily: The Roots of China’s Trouble Protecting Plant Variety Rights
TOP STORIES
Sunshine Rose grapes planted in Suizhong County, Huludao City, Liaoning Province in October 2022. Photo: Wang Kerou/Caixin
Plants?/
It is a problem Chinese authorities are aware of.?In March, a newly revised Seed Law, which offers broader protection for the holders of plant variety rights,?went into effect. And in July last year, China’s top court issued a guiding document for ruling on related infringement cases.
The popularity of the?Sunshine Rose grape?illustrates the trouble that the holders of plant variety rights have had safeguarding their intellectual property in China.
Difficulties with tracing infringement and assessing damages, along with a widespread lack of awareness, have plagued breeders of popular types of produce, like the Sunshine Rose grape.
?
Covid-19?/
South China’s Guangzhou?suspended in-person classes?for primary and secondary schools?in eight of its 11 districts beginning Thursday?as the metropolis’s Covid-19 outbreak worsens.
The southern manufacturing hub also halted kindergarten, off-campus tutoring and nursery services, while universities in the city will be under “closed-off management,” said Chen Xueming, deputy director of Guangzhou’s education bureau, during a press conference Wednesday.
?
Health code?/
China?will establish?a new unified national health information platform?by 2025 that will expand on the use of its citizen’s pre-pandemic digital health codes,?health authorities said Wednesday.
“Each resident will have a dynamically managed digital health record and a full-featured electronic health code” in three years, according to a plan issued by the National Health Commission and two other state departments.
?
Rating?/
Real estate giant?Country Garden Holdings Co. Ltd.?withdrew from?S&P Global Ratings’ credit rating after a downgrade and following discussions with S&P, China’s largest property developer by sales said.
S&P lowered its long-term issuer credit rating Tuesday on Country Garden to B+ from BB,?citing weaker confidence in China’s private real estate companies, Country Garden’s narrowed financing channels and possible deterioration of the developer’s liquidity amid weakening sales.
领英推荐
?
Quick hit?/
A Lygend smelting facility. Photo: Lygend
Listing?/
China’s biggest nickel trader?got the go-ahead?to sell shares in Hong Kong to raise funds for expanding its production as demand is set to continue growing along with sales of electric vehicles.
Lygend Resources & Technology Co. Ltd.?filed an updated IPO prospectus with the Hong Kong Stock Exchange Tuesday after getting approval from the bourse. It follows a failed attempt to list there in February.
In the prospectus, Lygend did not specify a timetable or how much it aims to raise but said?the proceeds will be primarily used to expand two nickel product manufacturing projects on the Indonesian island of Obi.??
?
Chips?/
The German government?blocked?a subsidiary of Chinese chipmaker?Sai Microelectronics Inc.?from acquiring a car chip fab in the western German city of Dortmund, according to a Thursday exchange filing.
Elmos Semiconductor SE?was planning to sell the production line, which manufactures 350-nanometer chips used mostly in automobiles, to Sweden-based Silex Microsystems AB, a Sai Microelectronics unit.
?
Quick hits?/
Long Read?/
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
2 年Thanks for posting.