Chinese Vice President Xi Jinping paid an official visit to Ireland lately. China will pay more attention to IP protection and continue to create more open and transparent legal policy environment, more efficient and convenient financing environment and equally competitive market environment for domestic and overseas investors including Irish enterprises, noted Xi when he addressed a Sino-Irish economic and investment forum held in Dublin on February 20 local time.
According to Xi, nowadays, China is positively implementing the Outline of the Twelfth Five-Year Plan for National Economic and Social Development. During this period, China will build a long-term mechanism to expand domestic demand and continue to enlarge the total size of domestic market. China will accelerate S&T progress and innovation, strengthen IP protection, utilize hi-techs to upgrade traditional industry and energetically foster strategic emerging industries.
Xi Jinping put forward five suggestions on deepening bilateral economic and trade cooperation. First, amplify bilateral trade and push the development of service trade; second, enhance investment to each other and widen investment and cooperation fields; third, develop high technologies and conduct cooperation in emerging industry; fourth, support small- and medium-enterprises and tamp the foundation of economic and trade relationship; fifth, make full use of cooperative mechanism and exert the role of chambers of commerce and associations as bridges.
Xi Jinping stressed that China will continue to encourage powerful Chinese enterprises to invest in Ireland and at the same time, China welcomes more Irish businesses to invest in China and share the opportunities of China’s economic prosperity and development. China applauds Irish enterprises to participate in China’s economic structuring and industrial upgrading, and particularly hails more Irish enterprises to invest in middle and eastern China as well as northeastern China. China is restructuring its industries and pushing technological innovation, and will give priority to hi-tech industries including new generation of IT and biotechnology in order to quicken the pace of the construction of innovation-oriented country. Cooperation on hi-tech and emerging industries can be the focus of Sino-Irish economic and trade cooperation. Entrepreneurs from both sides should grasp the chance to create new advantages.
（Source: IPR in China）
