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China-EU trade receives boost as Geographical Indications agreement takes effect--China Economic Net


 
China-European Union (EU) Geographical Indications (GIs) Agreement took effect on Monday, injecting a dose of stimulus into bilateral trade, and marking another milestone in cooperation between China and the EU.
 
GI is the label used for identifying the geographical origin of a product, and is also an important type of intellectual property right.
 
According to the agreement, 100 GIs from each side, involving liquor, tea, food and farm produce, came under protection on the same day, which means consumers from China and the EU could buy authentic specialities of each other without worries about the inferior and fake goods.
 
As China s first comprehensive, high-level bilateral agreement on GIs, its coming into effect fully testifies to China and the EU s commitment to upholding free and open trade, and supporting rules-based multilateral trading system, China s Foreign Ministry Spokesperson Wang Wenbin said on Monday. ....

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World Insights: China-EU trade receives boost as Geographical Indications agreement takes effect - China News


2021-03-02 08:05:45 GMT2021-03-02 16:05:45(Beijing Time) Xinhua English
by Xinhua writer Fu Yiming
STOCKHOLM, March 1 (Xinhua) China-European Union (EU) Geographical Indications (GIs) Agreement took effect on Monday, injecting a dose of stimulus into bilateral trade, and marking another milestone in cooperation between China and the EU.
GI is the label used for identifying the geographical origin of a product, and is also an important type of intellectual property right.
According to the agreement, 100 GIs from each side, involving liquor, tea, food and farm produce, came under protection on the same day, which means consumers from China and the EU could buy authentic specialities of each other without worries about the inferior and fake goods. ....

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Champagne's Uncertain Future | Wine-Searcher News & Features


They felt the 2020 figures corroborated Champagne s resilience in times of crisis and validated its uncontested number one place as the world s favorite celebration tipple. According to Barillère: These figures, however dire they may seem, are a reason for hope; they show that notwithstanding the tough times we have all experienced, people want to celebrate life by popping a bottle of Champagne. Toubart called this the after-war effect and elaborated: when people regain their freedom, they celebrate with Champagne. This is very clear from the French sales rebound over the summer and the good December sales.
A similar trend was observed in the US, where Nielsen reported a 70 percent increase in Champagne trade in August leading up to Labor Day. In the UK, where Champagne consumption had been lagging since 2018, Nielsen data also showed a 17 percent year on year Champagne purchase increase in August. September to December Nielsen data continues to show a certain buoyance ....

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China-EU landmark Geographical Indications Agreement to propel trade of high-quality products to new highs


China-EU landmark Geographical Indications Agreement to propel trade of high-quality products to new highs
Xinhua |
Updated: 2021-01-11 11:06
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Anxi Tie Guan Yin (Anxi oolong tea). [Photo/VCG]
The start of 2021 is distinguished by the implementation of the landmark China-European Union (EU) bilateral agreement on protecting 100 European Geographical Indications (GIs) in China and 100 Chinese GIs in the EU against usurpation and imitation.
According to the agreement, the Chinese GI products protected in the EU include Pixian Dou Ban (Pixian bean paste), Anxi Tie Guan Yin (Anxi oolong tea), Panjin Da Mi (Panjin rice) and Wu Liang Ye (Wuliangye liquor), while the EU list protected in China includes Cava (a wine from Spain), Champagne (a wine from France), Feta (a cheese from Greece), Irish whiskey, Munchener Bier (a beer from Germany). ....

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