Strict IP protection fuels China's innovation and sustainable growth

"For China, last year, by the end of 2024, the number of valid invention patents is 4.75 million. This ranks NO 1 in the world," said Zhu Guangyao, former Chinese vice-minister of finance, at the "CEO: Grow with China" Roundtable on Sept 12. He went on to add that China can continue to promote its economy with sustainable development, thanks to the strong innovation capabilities driven by strict protection of intellectual property.