China Announces Measures to Boost Innovation

China Announces Measures to Boost Innovation


China will introduce a series of reform measures to boost innovation, according to a circular issued by the General Office of the State Council. Measures will be carried out to strengthen intellectual property right (IPR) protection, including encouraging fast-track trials in IPR cases, according to the circular. "The transformation of scientific and technological achievements will be accelerated through several incentives and measures, and financial instruments will be improved to better serve science and technology innovation," the circular said. "The measures are also expected to provide more favorable circumstances for innovation by improving the management system regarding scientific and technological researches." The measures are set to be launched in eight areas including the Beijing-Tianjin-Hebei region, Shanghai and the Pearl River Delta, and then rolled-out across the country. They are the second batch of innovation measures announced by the State Council General Office, which issued a circular including 13 reform measures in September 2017.

Source: Xinhua

People watch

It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.