The News in Pictures

A month-long public comment period was held on the draft Regulations for the Implementation of the Law of the People’s Republic of China on Foreign Investment. The Regulations stipulate that foreign-invested enterprises are eligible to participate in government procurement and the setting of standards on an equal footing with domestic companies. Foreign companies may offer their shares to the public and issue bonds within China.Additionally, the Regulations include several clauses intended to further strengthen the protection of intellectual property rights. The comment period concluded on December 1.(Shown here - the Suzhou Industrial Park)

The newly issued Guidelines on Strengthening Intellectual Property Rights are aimed at improving mechanisms that will protect against IPR infringement,the Xinhua News Agency reported. China will strive to effectively curb IPR infringement by 2022, and largely overcome challenges including high costs, low compensation and difficulties in providing evidence for safeguarding IPR. (The Guangdong-Hong Kong-Macao Greater Bay Area Intellectual Property Trade Exposition 2019 opened on November 12 as part of an effort to strengthen intellectual property rights.)