Investment law stresses better IPR protection

Editor's note: The newly passed Foreign Investment Law indicates that China is stepping up its protection of intellectual property rights, said Yukon Huang, a senior fellow with the Asia Program at the Carnegie Endowment for International Peace, in an interview with Xinhua News Agency:

China's national legislature passed the Foreign Investment Law on Friday. The law, which will become effective on Jan 1, 2020, aims to improve the transparency of foreign investment policies and ensure domestic and foreign enterprises are subject to a unified set of rules and compete on a level playing field.

The law stipulates that the government shall protect the intellectual property rights of foreign investors and foreign-invested enterprises, and shall manage foreign investment according to the system of pre-establishment national treatment plus a negative list.