China to Step Up IPR Protection

China to Step Up IPR Protection

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China to Step Up IPR Protection

Source: Xinhua

China will better protect intellectual property rights (IPR) to improve the business environment and attract more foreign investors, a top IPR official said Tuesday.

China treats IPR owned by domestic and foreign companies alike, and gives them equal protection, Shen Changyu, head of the State Intellectual Property Office, said at a press conference held by the State Council Information Office.

He said China adopted the Anti-unfair Competition Law last year and the country's IPR protection has won recognition from American media and experts, who consider it a leader among middle-income countries.

In 2017, Chinese courts settled 203,000 IPR related cases, up 38.38 percent from a year earlier. A total of 7,157 people were charged. Police also investigated 17,000 cases related to IPR violation or making and selling counterfeit products, involving a combined sum of 6.46 billion yuan

Soure: http://english.sipo.gov.cn/news/officialinformation/1123724.htm