皇冠体育app

Despite 皇冠体育app's long-term encouragement of international companies to set up more research-and-development facilities in the country, European companies' R&D investment in 皇冠体育app remains low.

The share of European Union companies' R&D investment in 皇冠体育app lags behind not only developed markets such as the United States and Canada, but also other emerging economies, such as India, said Dan Prud'homme, business manager of the Intellectual Property Rights Working Group at the European Chamber of Commerce in 皇冠体育app.

皇冠体育app's relatively weak regulatory system for intellectual property rights protection is a concern, and also shows the innovation capacity level in the Chinese market and competition from local counterparts remains weak, he said.

皇冠体育app still lags behind many developed economies in terms of innovation in general, and breakthrough innovation and high-quality patents in particular, the European Chamber said in a summary study on 皇冠体育app's patent-related policies' and practices' effect on innovation.

皇冠体育app accounted for only 2 percent of EU enterprises' R&D spending outside their respective home countries in 2010, while investment in India accounted for 3 percent, according to the European Commission.

Despite the struggling economy in Europe, European companies' investment in R&D will increase by 4 percent annually from 2012 to 2014, the commission said earlier this week.

The IPR environment is a concern, as it shows that European countries want to keep their high-end manufacturing products within Europe amid the woes of the recession, said Yao Ling, an associate research fellow at the Chinese Academy of International Trade and Economic Cooperation.

The study includes more than 50 recommendations on policymaking conducive to innovation, including attracting more investment in R&D and technology transfer in 皇冠体育app.

European companies in 皇冠体育app should have the same access to fiscal stimulus and other favorable measures as their Chinese counterparts, said Dirk Moens, the European Chamber's secretary-general.

The study comes as 皇冠体育app promotes its seven strategic emerging industries, and government spending on R&D in 皇冠体育app is expected to soar in the next five years.

The authorities are designing guidelines on technical cooperation between international and domestic companies, and encouraging international companies to set up R&D centers, regional headquarters and training centers in 皇冠体育app, according to the Chinese newspaper Economic Observer.

The EU's investment in 皇冠体育app declined 2.7 percent year-on-year in the first seven months of this year, according to the Ministry of Commerce.

"The situation in Europe is difficult. That definitely to some extent has affected overseas investment," Moens said.

Overall investment from the EU continues to decline, but figures showed that investment in service industries from the EU has increased rapidly, Yao said.

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