In 2017, the CPC Central Committee and the State Council laid great emphasis on IP and made a series of important arrangements in respect of IP. The Report of 19th National Congress of the CPC said that China should foster a culture of innovation and enhance the creation, protection and utilization of intellectual property rights. When chairing the 16th Meeting of the Central Leading Group for Financial and Economic Affairs, General Secretary Xi Jinping pointed out that the protection of property rights, especially intellectual property rights was an important aspect in creating a favorable business environment. Thus China needs to improve relevant laws and regulations on IP protection, raise the quality and efficiency of examination in relation to IP rights and expedite the development of a protection system for IP in emerging sectors and new business models, apply severe punishment against IP infringement, and motivate and incentivize natural and corporate persons in possession of IP rights. The Work Report of the Government also said that the government would carry out the experimental reform on the integrated administration of IP and further develop the IP creation, protection and utilization systems.