The country will also establish complaint filing and compensation mechanisms for businesses that suffer losses in property rights due to governmental bad faith.
"There are still quite a few problems with the current property rights protection system. Deficiency in this area is a main cause for the slide in private investment," Li said.
Entrepreneurs should be given a confidence boost through the speedy conclusions of a number of key pending infringement cases, he said.
"The wider opening up of the country calls for enhancing IPR protection. All related laws and measures must be fully implemented, the problem of violators getting away with IPR infringements must be tackled to dispel the public concern," Li added.
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2020-09-15
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