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Ministry recognizes 430 domestic brands officially
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Ministry recognizes 430 domestic brands officially
21 Dec '06
1 min read
Ministry of commerce recognized about 430 firms as a famous domestic brand.
The firms that have been granted certificates for their brand names include famous brand like
Ruifuxiang
silk and embroidery.
With this policy, the intellectual property rights of famous brands will be protected and companies will be supported financially.
The ministry will also help companies to preserve traditional techniques and culture and to develop technical innovation.
In next three years, the number of officially recognized Chinese brands will rise to 1000.
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