HK forum: Rising IP protection, cooperation

China is determined to enhance protection of intellectual property rights and continue IP development as a strategic resource, a senior government official told the recent Business of IP Asia Forum in Hong Kong.

The Chinese mainland's industrial modernization has led to increased demand for technology, a point emphasized in the country's 12th Five-Year Plan (2011-15), said participants in the IP forum.

An increasingly sophisticated consumer market along with continued urbanization will generate more opportunities for creative design, licensing, and franchising industry, they added.