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- U.S.-China Business Council Comments on Indigenous Innovation Notice

The U.S.-China Business Council has submitted comments on China’s April 2010 draft notice on the launch of the National Indigenous Innovation Work. The Council states that China’s current policies, which appear to use a mix of product catalogs, unique standard…

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requirements, government procurement preferences, and tax incentives that include requirements for domestic intellectual property ownership, are inconsistent with international best practices and may prove counterproductive to China’s goals. (Comments, dated 05/10/10, available at http://www.uschina.org/public/documents/2010/05/uscbc_most_circular_comments.pdf)