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People’s Daily: Registered Trademark Exceeds 10 Million but Few of Them are Recognized Worldwide

People’s Daily reported that, by October 7, 2015, the total number of registered trademarks in China exceeded 10 million. This number ranks the highest in the world, but few of them are recognized around the world. The article said that among the exported products, only 11 percent of the products are Chinese brands. In 2014, among the top 500 of the world’s brand names, 29 of them were from China. The article also indicated that some companies register trademarks only to seek profits while ignoring the practical usage of the brands, which is against the requirements of the trademark law in China.

Source: People’s Daily, October 19, 2015