The United States said it would give up the vaccine patent, which caused controversy. What does this mean?

The Biden administration of the United States announced on the 5th that it supports giving up the intellectual property protection of COVID-19 vaccine. In their view, giving up the vaccine patent right will not increase the vaccine production. What the government should really do is to eliminate trade barriers and solve the supply chain bottleneck and raw material shortage. The American Association of Pharmaceutical Research and Manufacturers pointed out that if patents are exempted, the already tight supply chain will be further weakened, which will help the spread of long-term vaccines.

This statement of Biden's government triggered a fierce rebound in the industry, and the share prices of many pharmaceutical companies fell on the same day. The International Federation of Pharmaceutical Manufacturers (IFPMA) criticized that giving up vaccine patent protection was a "simple but wrong answer" and Washington's decision was disappointing.

China's attitude towards this.

China's Foreign Ministry spokesperson Wang Wenbin said at a regular press conference on the 6th that China supports paying attention to the accessibility of vaccines. Wang Wenbin said: "It is the responsibility of all countries to fight the epidemic. Everyone enjoys the vaccine equally. China supports paying attention to the issue of vaccine accessibility and expects all parties to actively and constructively discuss under the WTO framework and strive to achieve effective and balanced results. "

At the same time, he pointed out that China has always adhered to the concept of human health and health, actively supported and participated in international cooperation on vaccines, and is providing much-needed vaccines to countries in need, especially developing countries, in different ways. Wang Wenbin said that China will continue to firmly safeguard the "first attribute" of vaccines as global public goods, and make contributions to promoting the accessibility and affordability of vaccines in developing countries.

The above content refers to China Youth Network-the United States said it would give up the vaccine patent, which caused controversy. What does this mean?