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China to enhance IPR protection to improve business climate, boost tech innovation

Vapor

2019-07-18 09:15:20

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China will further strengthen the protection of intellectual property rights as part of efforts in effectively protecting the lawful rights and interests of all types of market players, fostering a more enabling business environment, boosting technological innovation, and deepening international cooperation, the State Council’s executive meeting chaired by Premier Li Keqiang decided on July 17.


The Chinese government takes the protection of intellectual property rights very seriously. General Secretary Xi Jinping emphasized that stronger protection of intellectual property rights can best bolster the sharpening of China’s economic competitiveness. He stressed the need to strengthen the ranks of law enforcers, step up the enforcement of law, significantly raise the cost for offenders, and see that the law fully plays its deterrent role. Premier Li Keqiang said that strengthening the protection of intellectual property rights is a consistent position of the Chinese government, all companies registered in China, domestic and foreign-invested, will be treated as equals, and the lawful rights and interests of foreign businesses will be safeguarded. Strengthening intellectual property protection across the board was clearly set out in the Government Work Report this year.


Recent years have seen China’s notable progress in IPR protection. Since 2012, the National Intellectual Property Administration has commissioned a third-party survey every year inviting the public to rate government performance in IPR protection. Results show the level of public satisfaction has been going up year after year. In the Global Innovation Index published by the World Intellectual Property Organization in 2018, China moved up in the rankings, from No 22 in 2017 to No 17, making its way into the world’s top 20 for the first time.



Source:english.gov.cn

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