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If you are curious about what is actually announced, here is the original document: http://www.ndrc.gov.cn/gzdt/201812/W020181204527760656065.pd...



Thanks, very interesting.

It appears that there are no direct financial penalties, only indirectly through restrictions on government subsidies and issuing stock, as well as increased scrutiny in general and especially regarding patent applications, all mediated via the social credit system, including the much-discussed travel restrictions.

At least that's my take based on my middling understanding of Chinese.


This is mostly pertaining to administrative cases, which can be quickly resolved. I am surprised there is actually such a thing in China. These are not court cases so they don't have the same power. It seems here they are trying to enhance the power of administrative resolutions through the credit system.

You are entitled to whatever financial penalty you can get from the courts if you go through the court system, but court cases will take longer. In the US patent cases, which are highly technical in nature, can take a very long time to resolve, the upside being that very large damages could be awarded. In China it seems they aim for smaller awards (mainly injunctive relief) and quicker resolution.


> It appears that there are no direct financial penalties,

It goes with the infamous "credit system", which if you are on the watch list, you can't take first class trains nor planes, your kids can't go to schools with a loan. Damn!




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