Asia's IPR heft benefits world, Boao Forum told

Asia has become a global powerhouse of innovation and intellectual property rights, which has given a strong boost to the world economy, said the head of the China National Intellectual Property Administration at the Boao Forum for Asia in Hainan province on Wednesday.

During the "Intellectual Property in Asia: Trends and Opportunities" sub-forum, Shen Changyu, the administration's head, highlighted that IPR, as a strategic resource for national development and enhancing international competitiveness, plays an important role in today's world.

Protecting intellectual property rights is protection of innovation, Shen said.