China strengthens IP protection to drive innovation and development

China's judicial protection of intellectual property rights has been further strengthened, contributing to serving its innovation-driven development and promoting new quality productive forces, according to annual work reports. The reports of the Supreme People's Court and the

Supreme People's Procuratorate were submitted to the ongoing third session of the 14th National People's Congress, the country's top legislature, for review on Saturday. Last year, 21,000 individuals were prosecuted for infringing upon trademarks, patents, copyrights and business secrets, the SPP showed in its report, adding that the legal effort to advance the development of emerging sectors such as artificial intelligence and biomedicine was increased. Chinese prosecutors also played their role in public-interest litigation, handling 4,219 IP-related cases, in a move to encourage technological innovators and serve high-level technological self-reliance, the report said...

Global institutions upbeat about China’s sci-tech capital market

BEIJING - China's rapid advancements in the artificial intelligence (AI) sector, exemplified by DeepSeek, a cost-competitive newcomer among global AI models, have captured global attention and driven capital inflows into the country's sci-tech capital market.

Since February, following Deutsche  Bank's high-profile report declaring that "2025 is the year the investing world realizes China is outcompeting the rest of the world," several international investment banks have upgraded their ratings or raised target prices for the Chinese capital market. Citi recently upgraded its rating for Chinese stocks to overweight. Chinese shares look attractive even after their recent rally, Citi strategists wrote, citing DeepSeek's AI technology breakthrough, the government's support for the tech sector and "still-cheap valuations...

Raise trade practices to global standards, deputy says

Huang Maoxing, a deputy to China's National People's Congress from Fujian province, has called for greater efforts to align domestic economic and trade practices with global standards, laying a solid foundation for a new open economic system. Huang, who is also vice-president of

the Fujian Academy of Social Sciences in Fuzhou, has submitted suggestions to the top legislature's annual session every year since 2018. One of his suggestions this year focuses on fostering institutional innovations to develop systems that align with international rules and standards, advancing higher-level opening-up. "In the face of an increasingly complex international environment, China needs to focus on key areas and comprehensively enhance its adaptability and capabilities to meet international trade and economic rules and standards...

China enhances judicial protection of IPRs to support key technologies, industries: reports

China enhanced judicial protection of intellectual property rights (IPRs) to support the country's key technologies and industries last year, work reports of the Supreme People's Court (SPC) and the Supreme People's Procuratorate (SPP) showed Saturday. According to the SPC work

report submitted to the ongoing national legislative session for deliberation, China stepped up IPR protection in fields such as next-generation information technology, high-end manufacturing, biomedicine and new materials in 2024. In the past year, the SPC effectively handled IPR disputes related to artificial intelligence (AI), supporting the lawful application of AI and penalizing infringement behaviors using the technology. Chinese courts at all levels concluded 494,000 cases related to IPRs in 2024, up 0.9 percent year on year, according to the SPC report...