China - Compendium of China National Intellectual Property Strategy adopted

China - Compendium of China National Intellectual Property Strategy adopted
The State Intellectual Property Office (SIPO) recently announced that the Chinese State Council has promulgated a "Compendium of China National Intellectual Property Strategy".
The 'Strategy' aims to bring China to a higher level of intellectual property right (IPR) creation, utilisation, protection and administration by 2020, as well as improving IPR protection and enhancing public awareness of it. It should also help enhance Chinese competitiveness and facilitate the opening up of China to the outside world.
The plan is to complete the IP law-enforcement and administration system (including by strengthening judicial measures against IP infringement), further advancing IP laws and regulations and strengthening IP's guiding role in economic, cultural and public policies.
The new "Strategy" should make China more attractive to small and medium-size enterprises that are still reluctant to do business in the People Republic because of their fear of systematic infringements of their IP rights.