New IP rules set to advance opening-up

Experts: Regulation will offer support to domestic enterprises going global

China's continuous efforts in handling foreign-related intellectual property disputes will serve as a robust backbone for domestic enterprises going global and constitute an important guarantee to advance the country's high-level opening-up, experts said.

They made the remarks after the State Council, China's Cabinet, on Wednesday unveiled an 18-article regulation on resolving IP disputes related to foreign matters. The regulation will take effect on May 1.

"This is China's first administrative document that systematically standardizes the handling of foreign-related IP disputes, which is of great guiding significance," said Liu Bin, an IP lawyer at Beijing Zhong Wen Law Firm.