Scored Quiz
IPR in the fashion industry in China: test your knowledge
Quiz introduction
China’s fashion industry is set to become the world’s second largest fashion market by 2020, with sales expected to reach over RMB 1.3 trillion (EUR 182 billion) – roughly three times their current le
vel. According to the Boston Consulting Group, China will account for 30% of the global fashion market’s growth over the next five years. China therefore represents both opportunity, as a manufacturing hub and a maturing consumer market, and risks, as a potential source of counterfeit merchandise. In order to avoid potentially damaging losses, EU SMEs operating in the fashion industry should take measures to protect their intellectual property rights (IPR) in China.
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By
CHINAHD