Better IPR protection

To make innovation a key source of sustainable growth, China has attached ever more importance to protection of intellectual property rights (IPR).

However, after putting in place most of the needed laws and regulations to check IPR infringement, it is time to implement them aggressively. Such efforts are crucial to not only safeguarding market order but also to boosting domestic enthusiasm for innovation.

In a bid to create a fair market and investment environment, China's supreme court has issued more than 20 judicial interpretations related to IPR protection since 2001, when China joined the WTO. It also ordered the establishment of special courts for IPR cases and lowered the threshold needed to prosecute people manufacturing or selling counterfeit products.