The Communist Party of China (CPC) on October 27 issued the full text of the Guiding Proposal on Formulating the 12th Five-Year Program on National Economic and Social Development, which was adopted at the Fifth Plenary Session of the 17th CPC Central Committee. The proposal lays out specific tasks of implementing IP strategy, refining IPR legislation system, stepping up standard of IP creation, application, protection and management.

The proposal consists of 56 articles in 12 chapters, requiring government to guide and support enterprise’s innovation, shape a market-oriented technological innovation system with enterprises in the center and supported by universities and research institutes, adhere to the policy of innovations, "leap-and-bound" advances in key areas of science and technology, supporting and guiding future development, enhance the capability of breakthrough the keynote technology, promote commercialization of innovations.

(China IP News)