ARTICLE
26 January 2017

China Issues Plan To Develop Intellectual Property

AC
AFD China

Contributor

AFD China Intellectual Property Law Office offers full-range IP services, including but not limited to filing/registration, strategy, transaction, asset management, dispute resolution, and litigation. We are an accredited AAAAA-level (top tier) patent firm, a Council Member firm of the China Trademark Association, and a recommended IP service provider for SMEs.
China's State Council has issued a plan to strengthen the protection and utilization of intellectual property rights during the 13th Five-Year Plan (2016-2020).
China Intellectual Property

China's State Council has issued a plan to strengthen the protection and utilization of intellectual property rights during the 13th Five-Year Plan (2016-2020).

By 2020, China's invention patent ownership will increase from 6.3 per 10,000 people in 2015 to 12 in 10,000, and international applications will double to 60,000 from 30,000 in 2015, according to the plan.

In the meantime, intellectual property royalties earned abroad will rise from 4.44 billion U.S. dollars in 2015 to 10 billion U.S. dollars in 2020.

The plan puts forward seven major tasks for the development of intellectual property, such as improving the legal system, strengthening protection, improving quality and benefits, promoting industrial upgrading, and promoting international cooperation and exchanges.

It urges governments at all levels and relevant government agencies to attach importance to and promote implementation of the plan.

http://english.sipo.gov.cn/news/iprspecial/201701/t20170116_1307852.html

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