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Consumption key to robust development


Consumption key to robust development
By OUYANG SHIJIA |
China Daily |
Updated: 2021-06-25 10:16
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Consumers browse cosmetics at a duty-free store in Haikou, Hainan province, on June 18. [Photo by Wang Chenglong/For China Daily]
Political adviser urges more efforts to boost people s purchasing power
China needs to adhere to the key strategy of strengthening domestic demand and expanding consumption in the next five years, with a focus on increasing the range of products and services on offer, improving their quality, protecting consumer rights and interests and promoting consumption upgrades, a national political adviser said.
Zhi Shuping, a member of the Standing Committee of the 13th National Committee of the Chinese People s Political Consultative Conference, said stabilizing and expanding consumption is one of the keys to creating a robust domestic market and fostering a ne ....

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Introduction To The Fourth Amendment To The China Patent Law - Intellectual Property


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On October 17, 2020, the Standing Committee of the National
People s Congress ( SCNPC ) promulgated the Fourth
Amendment to the China Patent Law ( CPL ), which will
come into effect on June 1, 2021.
It has been 12 years since the last amendment made in 2008 when
China also formulated the Outline of the National Intellectual
Property Strategy ( Outline ). With the implementation of
the Outline, China has gradually grown into a big intellectual
property ( IP ) country characterized by the number of
valid invention patents increased from 84000 in 2007 to 1.86
million in 2019, the total number of valid registered trademarks ....

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