Elevating our awareness of the importance of IP protection work
Innovation is the primary driver of development, and protecting IP means protecting innovation. For China to become a strong and fully modern socialist country, it is imperative that we make further progress in IP protection. IP protection has a bearing upon a number of key issues. First, it bears upon the modernization of our national governance system and capacity. Only by rigorously protecting IP can we build a modern property rights system, further reforms for the market-based allocation of factors, and ensure that the market plays the decisive role in resource distribution while the government better plays its role. Second, it bears upon high-quality development. Only by rigorously protecting IP and cracking down hard on market entities and law-breakers that engage in infringement and counterfeiting can we raise the quality of the supply system and push forward high-quality development. Third, it bears upon the happiness and wellbeing of the people. Only by rigorously protecting IP, ridding the consumer market of ill practices, and safeguarding the rights and interests of consumers can we ensure that the people feel at ease about the products they buy and consume. Fourth, it bears upon the big picture of China’s opening up to the outside world. Only by rigorously protecting IP can we improve the business environment and build a new, more open economic system. Fifth, it bears upon national security. Only by rigorously protecting IP can we safeguard indigenous Chinese R D on core technologies in key fields and forestall and defuse major risks.
(Excerpts from Stepping Up Intellectual Property Rights Protection to Stimulate Innovative Vigor for Fostering a New Development Dynamic by Xi Jinping, Qiushi Journal, No. 02, 2021)