Shandong plans to build rubber tire intellectual property protection center
According to statistics, during the “Thirteenth Five-Year Plan†period, Shandong Province plans to raise the number of domestically valid registered trademarks to 650,000 and China’s well-known trademarks to 700. In addition, it is also preparing to invest 20 billion yuan as a pledge of intellectual property.
In recent years, Chinese tire companies have repeatedly been punished for intellectual property issues. In 2016, Bridgestone and the Shengtai Group of Dongying City, Shandong Province, filed courtroom litigation for patent disputes concerning the appearance of tires. The case caused great concern to the tire industry, Bridgestone claims up to 27 million yuan.
At the same time, more and more tire companies have begun to invest more in intellectual property. According to the “2017 Tire Enterprise Patent Rankings†published by the China Rubber Industry Association, the total number of patents owned by Xiamen Zhengxin Rubber, Shandong Linglong Tire , Fengshen Tire, and Double Money Tire all exceeded 300. Among them, Zhengxin Rubber topped the list with a total of 701 patents.
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