China issues IP reform goals with focus on innovation

China’s National Intellectual Property Administration this week issued a 115-point plan to reform the countries IP rights system, emphasizing innovation and participation in international groups including the World Trade Organization and the World Intellectual Property Organization. The blueprint is in line with the five-year plan on “National Intellectual Property Protection and Utilization” that China’s State Council issued last October. Beijing has issued a series of such documents outlining policy objectives since the March release of its overarching 14th Five-Year Plan...