Tue. Jul 23rd, 2024

In China, a project of a system for the protection of intellectual property rights was presented

Natasha Kumar By Natasha Kumar Jun25,2024

U China presented a project for the protection of intellectual property rights

The Chinese authorities presented a comprehensive project for the creation of a system for the protection of intellectual property rights as part of the country's efforts to strengthen the business environment and economic growth.

This was reported by the Xinhua News Agency.

The document was developed by the country's main regulatory body in the field of intellectual property – State Intellectual Property Office (SIP) of the People's Republic of China together with eight other departments. It includes measures in several areas, such as policy standards, law enforcement and training of professional personnel.

As specified in the IPPC, the project is a “road map” for the development of the field of intellectual property until 2035, and by that time China intends to modernize and strengthen its intellectual property rights protection system.

As stated by the head of DUIS, Shen Changyu, the project envisages the fight against infringements and counterfeiting of intellectual property rights, the creation of courts on intellectual property issues, reducing the costs of protection of copyright and the introduction of a system of penalties for infringement of intellectual rights.

It also talks about efforts to improve the rules for the protection of intellectual property in new industries and emerging sectors, such as artificial intelligence, gene technologies and streaming broadcasts.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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