Financial crisis shrinks trademark international filings

Financial crisis shrinks trademark international filings


According to the Trademark Office (TMO) under the State Administration for Industry and Commerce, applications for international registration of trademarks sank between January and May 2009 compared with the same period last year.

Chinese users filed 712 applications for international registration via the TMO, down 11.2% from 802 of the same period in 2008. Foreign users filed 6,018 applications for territorial extension of international registration via the World Intellectual Property Organization, down 5.8% from 6,391.

Financial crisis is the most direct factor causing the drop. If the situation does not improve, it is inevitable that major countries across the world will see negative growth in 2009.

                                Source:China IP News

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