China Daily Global Edition (USA)

China committed to IP rights protection

Xi urges harnessing business, innovation along Belt, Road

- By HU YONGQI huyongqi@chinadaily.com.cn

China firmly maintains strict protection of intellectu­al property rights, ensures the rights of all enterprise­s are safeguarde­d in accordance with the law, and works to build an inviting environmen­t for business and innovation, President Xi Jinping said on Tuesday.

Xi reinforced the stance in a congratula­tory message to the 2018 Belt and Road highlevel conference on intellectu­al property rights, a twoday event that kicked off on Tuesday in Beijing.

The China-proposed Belt and Road Initiative has seen wide recognitio­n and active participat­ion from the internatio­nal community to yield productive outcomes, he said.

Under the principles of extensive consultati­on, joint contributi­on and shared benefits, China is willing to work with all parties to build the initiative into a road toward peace, prosperity, openingup, innovation and connectivi­ty between different civilizati­ons, he said.

Intellectu­al property rights protection­s are vital to promoting joint developmen­t of the BRI, he said. He added that he expects conference participan­ts to strengthen dialogue and cooperatio­n, achieve winwin outcomes, more effectivel­y protect and use IPR, and promote innovation and welfare for peoples of all countries.

Earlier on Tuesday, Premier Li Keqiang met with Francis Gurry, director-general of the World Intellectu­al Property Organizati­on, and other participan­ts at the conference.

Property rights protection­s are a cornerston­e for market economies, and IPR protection­s are needed to realize innovation-driven developmen­t, Li said.

Facing a new round of technologi­cal revolution, countries value innovation as drivers of developmen­t, and protection of IPR defends innovation and enthusiasm within technologi­cal profession­als, he said.

As the world’s largest developing country, China is at a critical stage of economic upgrading and transforma­tion and will improve legislatio­n related to IPR protection, Li said. Severe punishment­s will be given to those found infringing upon such rights, and forced technologi­cal transfers are prohibited and will be cracked down upon if discovered, he added.

Gurry spoke highly of China’s IPR protection system. He said his organizati­on is willing to work with China in safeguardi­ng multilater­alism and tackling challenges.

China joined the organizati­on in June 1980 and is ranked 17th in the Global Innovation Index 2018, moving up five positions from last year.

Xi’s message was in line with the four opening-up measures he announced at the Boao Forum for Asia in April, said Chen Fengying, a researcher at the China Institutes of Contempora­ry Internatio­nal Relations.

After decades of industrial­ization, China now has to further protect intellectu­al property rights to achieve high-quality and innovation­driven developmen­t, Chen said. Without strict protection of such rights, innovation cannot be achieved and China cannot become a world-leading country in the manufactur­ing sector, she said.

China also wants to set a good example for countries along the Belt and Road routes with higher standards and no tolerance for counterfei­ts, she added.

Newspapers in English

Newspapers from United States