China has issued a plan to strengthen the protection and utilization of intellectual property rights.
Issued by the State Council, the plan specifies the goals and major tasks for the development of intellectual property during the 13th Five-Year Plan (2016-2020), and proposes measures for the work.
By 2020, China's invention patent ownership will increase from 6.3 per 10,000 people in 2015 to 12 in 10,000, and international applications will double to 60,000 from 30,000 in 2015, according to the plan.
In the meantime, intellectual property royalties earned abroad will rise from 4.44 billion U.S. dollars in 2015 to 10 billion U.S. dollars in 2020, the plan says.

Source: China Daily