China will improve its regulatory framework for intellectual property rights to better support innovation, a senior official with the nation's top patent office said during the Boao Forum for Asia.
Shen Changyu, commissioner of the State Intellectual Property Office, said China will improve intellectual property laws and regulations under the framework of the General Principles of Civil Law, a new civil code to be enacted in 2020.
The State Council issued a guideline in January specifying goals and major tasks for the development of intellectual property during the 13th Five-Year Plan (2016-20).
Patents are expected to increase from 6.3 per 10,000 people in 2015 to 12 per 10,000 in 2020, and royalties earned abroad are expected to rise from $4.44 billion in 2015 to around $10 billion in 2020, according to the guideline.

Source: SIPO