During 41 years' of reform and opening-up, China has been
striving to inspire innovation from within and building up its IP
system. Number of IPRs has been constantly setting record-highs
while IPR protection has been constantly strengthened. In the
background of continuous expansion of opening-up, the determination
for foreign businesses to invest in China was assured with
tightening of IPR protection. On the other hand, Chinese firms were
exporting more energy into high quality IP creations, rendering
Bring in and Going out.
Foreign firms' confidence on Chinese market comes form the
strengthened IPR protection in China. To create a more friendly
business environment, to provide more effectively protection for
IPR, China strives to inspire innovation from within and
continuously optimizing its IP system. China is amending the Patent
Law, elevating statutory damages for patent infringement to 100,000
to 5 million yuan and ordering Internet service providers to