Li Shufu, a CPPCC National Committee member and chairman of Zhejiang Geely Holding Group, smiles at reporters as he heads to the closing ceremony of this year's CPPCC session on Monday. In his proposal to the CPPCC session, Li pushed for tighter regulations to protect intellectual property (IP). He said protecting IP is necessary to ensure innovation, which will improve Chinese companies' global competitiveness. Photo: CFP