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China Daily / 2024-09 / 02 / Page009

Rule of law protects IPR and fuels innovation

By Wang Jia | China Daily | Updated: 2024-09-02 00:00
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As China celebrates the 70th anniversary of the people's congress system, the country's transformation from an agrarian economy to a global innovation and manufacturing powerhouse, and the eradication of extreme poverty should be seen as landmark achievements.

The strengthening of the rule of law — especially in the realm of intellectual property rights (IPR) — has played a key role in the country's remarkable transformation. IPR protection is more than a legal formality; it is crucial for promoting innovation, facilitating economic growth and increasing global competitiveness.

Protecting IPR paves the way for a vibrant culture of innovation as China pursues innovation-driven development. The government has played a crucial role in raising IPR awareness through education and public campaigns. Initiatives such as the annual "National IP Publicity Week" are aimed at educating the public, enterprises, and government officials on the importance of IPR protection.

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