China overtook Japan to become the second-largest source of international patent filings via the World Intellectual Property Organization's Patent Cooperation Treaty in 2017, despite strong growth in Japanese companies' use of the system, according to the UN agency.
The positive long-term trend for the internationalization of the Chinese currency appears certain, as the renminbi continued to be the nation's second-most-used currency for cross-border payments in 2017, according to Bank of China.
Bank of China has committed to serving the real economy for years by providing companies with comprehensive financial services, and continues to do so in order to facilitate sustainable economic growth in the country.
The central government's green light to Beijing's new development blueprint provides strong leadership for the future direction of the capital, according to a senior official.
The Beijing Economic-Technological Development Area in a southern suburb of the city, also known as Beijing E-Town, contributed 20 percent to the industrial added value of the city in 2017, although it only occupies 0.35 percent of the capital's total area.
The remarkable transformation of the Beijing suburb of Tongzhou into a major urban district in one of the world's most important conurbations is continuing to gather pace.
Experts called for a lowered threshold for criminal punishment, unified enforcement and a multiresolution anti-counterfeiting system during the ongoing two sessions, the annual gathering of top legislators and political advisors.
The introduction of a punitive damages system for intellectual property rights violation has won huge acclaim among industry insiders after Premier Li Keqiang proposed the move in his Government Work Report for the year, delivered on March 5.
French winemaker Chateau Lafite Rothschild won a recent court case in Shanghai, concerning trademark infringement of its signature Lafite brand.
The transformation of old economic development drivers into new ones has reached a key stage in Shandong province, East China.
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