(JW Insights) Nov 9 -- The State Council, China's Cabinet, highlighted the need to build up China's intellectual property rights competitiveness during two sessions last week centering on better protecting and applying IPR, China Daily reported on November 8.
Premier Li Qiang presided over a themed study session of the cabinet on October 31 focusing on the implementation of the strategy to build the nation into a leader in IPR.
The State Council executive meeting also reviewed an amendment to the rules on the implementation of the Patent Law as part of broader steps to enhance IPR protection.
During the study session on October 31, Li underscored the significance of the strategy in strengthening China's core competitiveness and advancing its high-level opening-up.
To support comprehensive innovation, the nation must accelerate the establishment of legal, management, and policy systems and create rules compatible with new technologies to lay a solid foundation for opening up new paths in industrial development, Li said.
Chu Xiang, deputy dean of the Institute of Intellectual Property Rights at the East China University of Political Science and Law in Shanghai, said the fact that the State Council has twice highlighted IPR protection in its meetings is proof of its essential role in the nation's high-quality development efforts.
"It also showed a sound legal and policy framework serves as the institutional guarantee for catalyzing the development of industries and bolstering innovation," he said.
During the study session, the premier urged steps to accelerate the commercial application of IPR with the use of marketing methods, saying that targeted actions must be taken to facilitate the development of industries in which IP plays a strong role, and improve the efficiency of IP transformation and application, said the China Daily report.
(Yuan XY/Gao J)
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