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The "14th Five-Year Plan" and Outline of Long-term Goals: Improve the System for the Protection and Application of IPR

Recently, Xinhua authorized the publication of the full text of the "Fourteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-Term Goals for 2035", which mentioned three "patents" and fourteen "intellectual property rights"; There were five places mentioned of "Science and Technology Achievements"; one mentioned of "High-tech Enterprises".

"The 14th Five-Year Plan for the National Economic and Social Development of the People’s Republic of China and the Outline of Long-Term Goals for 2035" Chapter 7 Section 2 mentioned: implement the strategy of strengthening the country with intellectual property rights, implement a strict intellectual property protection system, and improve intellectual property related laws and regulations, speed up the legislation of intellectual property rights in new fields and new formats. Strengthen the judicial protection and administrative law enforcement of intellectual property rights, improve the arbitration, mediation, notarization and rights protection assistance system, improve the punitive compensation system for intellectual property infringement, and increase damage compensation. Optimize patent subsidy and reward policies and assessment and evaluation mechanisms, better protect and encourage high-value patents, and cultivate patent-intensive industries. Reform the ownership and rights distribution mechanism of state-owned intellectual property rights, and expand the autonomy of intellectual property disposal of scientific research institutions and universities. Improve the intangible asset evaluation system and form a management mechanism that coordinates incentives and supervision. Build a public service platform for the protection and use of intellectual property rights.  

Source: chinaipmagazine.com

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