IPR infringement crackdown to usher in fairer environment

Compensation for victims to be raised and fines increased for guilty parties

A draft amendment to China's patent law aims to strengthen the crackdown on intellectual property rights infringement by substantially raising compensation for victims, and fines for violators, which experts said will help build a fairer business environment and encourage innovation.

The draft was approved at a State Council executive meeting on Wednesday, presided over by Premier Li Keqiang, and will be submitted to the top legislature - the Standing Committee of the National People's Congress - to become law.