Importance of Trademark

China is the country that has the maximum number of registered trademarks in the world, which comes to a figure of five million. Yuan Oi, an official with the Trademark Department of the State Administration for Industry and Commerce, said, "The ownership of trademarks for all market entities is only 10 percent, which means that for every 10 market entities, there is only one trademark," she also added "The figure for companies is40 percent." "These facts show that most Chinese companies do not realize how important trademarks are to them," said Yuan. "They often ignore the contribution of trademarks to the development of their companies, and don't have a proper trademark strategy," remarked Yuan. Realizing the importance companies have to register their trademark. There are a lot of trademark registration companies in Chennai.