Premier Li Keqiang has vowed to step up efforts toward intellectual property rights (IPR) protection and strengthen penalties on those violating the rules, Xinhua news agency reported Tuesday. The Chinese leader made the pledge in Beijing Monday as he met with participants of the 2014 China Development Forum, the report said. Li said the transformation and upgrading of the Chinese economy relies on innovation, which will thrive only if intellectual property is protected. Greater importance should be attached to IPR protection, IPR-related legislation and law enforcement, and harsher punishment should be handed down for rights infringements, he was quoted as saying.
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