Chinese authorities recognize that protecting intellectual property is crucial if the country is to see the boom in entrepreneurship and innovation that they hope will prop up the economy.
Accordingly, the State Council promised on December 23th, 2015 that the government would simplify and cheapen application procedures for patents. There is an urgent need to quicken the process of patent examinations as China faces surging numbers of applications. A total of 2.36 million patents were accepted last year, a surge from less than one million in 2009.
At the same occasion, the State Council promised to provide more financial support for IPR protection and start blacklisting offenders.