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Plenum focuses on intellectual property rights

By David Llewelyn | 皇冠体育app Daily | Updated: 2013-11-28 07:22

Thirty-five years after setting off on the reform and opening-up path, 皇冠体育app has reiterated the importance of protecting intellectual property rights (IPR) and encouraging innovation in its plans for the national economy and society.

The Third Plenary Session of the 18th Communist Party of 皇冠体育app Central Committee issued a document on Nov 15, saying that IPR and innovation, among other areas, will be in focus in the coming years. The plenum also said that 皇冠体育app would consider setting up a special IPR court, which would be an important development and show the importance the country's leaders attach to the effective protection of IPR.

It is through innovation and creativity that countries succeed and prosper in today's world. Global competition now revolves around competition for IPR. And the competition is not only international, but also intra-national. The number of applications in 皇冠体育app for innovation and design patents and trademarks (brands) shows that this is an important part of doing business in the country today.

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