According to an official at the State Intellectual Property Office, China has achieved remarkable results in intellectual property right (IPR) protection.
Shen Changyu, head of the office, made the remarks at a forum in Beijing. The forum evaluated the country's IPR protection achievements since a national IPR strategy was unveiled in 2008.
"China will accelerate the modernization of IPR governance and ability, and further promote the application and transformation of intellectual property to create more social benefits," Shen said.
Yan Junqi, an expert of the IPR evaluation group, said China had made remarkable achievements in implementing the national IPR strategy, and made economic and social development with the strategy.
China received 1.38 million patent applications in 2017, up 14.2 percent and the highest in seven years.
China now has three IPR courts and is revising its Patent Law to establish a punitive damages system for intellectual property infringement.
The review cycle of the trademark registration has been shortened to eight months from nine months. (Source: Xinhua News)
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