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China to better protect intellectual property rights

Updated: Oct 13,2015 8:44 AM     Xinhua

BEIJING — China has issued a guideline on the protection of intellectual property rights to help startups, according to a notice released on Oct 12.

The guideline was mapped out by five government bodies including the State Intellectual Property Office and the Ministry of Finance.

The country will explore more channels to realize the value of intellectual property, such as providing financial services and products for asset securitization and patent insurance.

Banks and institutional investors are expected to provide loans for qualified startups, the guideline said.

It also demanded legal protection for investors.