Gan Shaoning, deputy director of the State Intellectual Property Office (SIPO), said that the guideline, issued by the State Council, specified the goals and major tasks for the development of intellectual property during the 13th Five-Year Plan (2016-2020).
According to the plan, China will improve rules and regulations related to intellectual property rights in newly-emerged fields including Internet Plus, e-commerce and big data.
China's invention patent ownership will increase from 6.3 per 10,000 people in 2015 to 12 per 10,000 in 2020. Intellectual property royalties earned abroad will rise from USD 4.44 billion in 2015 to USD 10 billion in 2020, according to the plan.
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