Li Keqiang: China will adopt a stricter intellectual propert

Industry dynamics | 2018-12-12

"China will adopt a stricter intellectual property protection system." Premier Li Keqiang said on the morning of August 28 when he met with Gao Rui, Director-General of the World Intellectual Property Organization (WIPO) in Ziguang Pavilion, Zhongnanhai. Li Keqiang said that property rights protection is the cornerstone of market economy. In the context of the new scientific and technological revolution, in the process of transformation and upgrading in developing countries, the protection of intellectual property rights can be said to be the more important protection of property rights and the inevitable requirement for the realization of innovation and development. "At present, all countries in the world are taking innovation as the first driving force for development. Developing countries can hardly achieve transformation without relying on innovation." The Premier said, "To protect intellectual property rights is to protect the enthusiasm of innovation and innovative talents, which is of great significance to national development and even to the progress of world civilization." Li Keqiang said that as the largest developing country in the world, China is currently at a critical stage of upgrading its economy. "China will adopt a stricter intellectual property protection system and further improve relevant laws and regulations. For the act of compulsory transfer of intellectual property rights, it is found that together punishment will be imposed, and once the infringement of intellectual property rights is verified, the punishment will be doubled severely." Li Keqiang said, "This is not only an urgent need for China to further expand its opening up and integrate into the world economy, but also an inherent demand for China's economic transformation and upgrading and high-quality development." China rose to the 17th highest ranking in the global innovation index report in 2018, presenting Li Keqiang with the 2008 global innovation index report released recently by the World Intellectual Property Organization (WIPO). "Congratulations on China's ranking in the Global Innovation Index report in 2018, which is five more places higher than last year. Since 2013, China's ranking has increased significantly from 35th to 17th, and I believe that China will continue to develop and progress. Gao Rui said at the meeting. "We are well aware that China is still a developing country and there is still a long way to go to achieve modernization. We know that one of the important measures to speed up meeting the expectations of the Chinese people for a better life is to promote innovation. Li Keqiang responded. The Premier said that in recent years, China has implemented an innovation-driven development strategy to vigorously promote entrepreneurship and innovation among the masses. On the one hand, it is conducive to gathering the wisdom of the masses to promote innovation, on the other hand, it has created a large number of jobs, enabling people to start businesses in innovation and innovation in entrepreneurship. Li Keqiang said: "There is still a big gap between China and developed countries. We are willing to learn the advanced technology of developed countries and cooperate on payment transfer of intellectual property rights through fair consultation among enterprises on the basis of respecting and protecting intellectual property rights, conforming to business rules and market principles. Li Keqiang stressed that the protection of intellectual property rights in China is equal to that of foreign-funded enterprises. "We will not only protect the intellectual property rights of Chinese innovators so that they can innovate without worries, but also protect the intellectual property rights of foreign enterprises. Knowledge must be acquired through diligence and hard work,'There will be no pie in the sky'. "This is not only conducive to China's further innovation, but also conducive to China's economic transformation and upgrading," the Prime Minister said. Director General Gao Rui commented positively on China's achievements in protecting intellectual property rights. "Over the past 40 years, China has gradually established a high-level intellectual property system that treats Chinese and foreign enterprises equally," he said. We appreciate China's use of intellectual property protection as a driving force for innovation and economic development, and express our gratitude for China's open attitude towards intellectual property protection. The World Intellectual Property Organization is willing to further deepen its cooperation with China, safeguard multilateralism and jointly meet challenges. Li Keqiang admits that although China has made great efforts in intellectual property protection, there are still some shortcomings. China is willing to accept the proposals put forward by international organizations in an open mind. We will also open up and accept lawsuits filed by foreign enterprises in China and treat them fairly according to law. "China firmly upholds multilateralism. We believe that countries, big or small, should seek the greatest common denominator in international affairs." Li Keqiang said, "China is willing to continue to deepen its cooperation with the World Intellectual Property Organization (WIPO). As always, it will support the work of the World Intellectual Property Organization (WIPO), jointly promote the construction of open, inclusive, balanced and effective international rules on intellectual property, and make new contributions to the improvement of the global governance system of intellectual property."

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