"The two sides highly valued intellectual property protection and agreed to promote cooperation in this regard." On May 19, China and the United States issued a joint statement on economic and trade consultations in Washington, highlighting the IP issue again.
In his keynote speech at the recent Boao Asia Forum Annual Conference 2018, President Xi transmitted Chinese firm stand and distinct attitude on strengthening IP protection to the world. Actually, items related to IP protection were listed in the achievements of multiple recent U.S.–China Strategic and Economic Dialogues. Besides, the first Belt and Road IP cooperation document between China and international organizations titled Agreement on Enhancing "Belt and Road" Intellectual Property Cooperation between the Government of the People's Republic of China and the World Intellectual Property Organization was also included in outcomes of the Belt and Road Forum for International Cooperation.
Meanwhile, more and more Chinese enterprises are emerging in international markets with the advancement of the Chinese innovation engine. In 2017, China filed 51,000 international patent applications via PCT, valuating to be No.2 in the world.
Source: China IP News