China commits to genuine multilateralism and will continue to participate in the global governance of intellectual property right (IPR) under the framework of the World Intellectual Property Organization in 2022, Chinas foreign ministry said on Thursday.

The remarks came in line with the release of some notable results related to the countrys achievements in intellectual property protection in 2021 during the press conference held by the State Council, Chinas cabinet, on Wednesday.

In 2021, foreign applicants were granted 110,000 invention patents in China, a year-on-year increase of 23 percent. Trademark registrations also saw a significant growth of 5.2 percent year-on-year, reaching 194,000 successful applications, according to the report, indicating foreign companies' rising confidence in China's IPR protection and business environment.

Foreign Ministry spokesperson Wang Wenbin highlighted some important areas in which Chinas IPR protection has been enhanced. China has strictly implemented IPR protection, including preparation work to implement the IPR chapter of the Regional Comprehensive Economic Partnership, Wang said.

Other noteworthy achievements include Chinas implementation of the IPR clauses contained in the first phase of the China-US economic and trade agreement and an agreement between China and the EU.

One highlight for future IPR protection work will be the cooperation under the Belt and Road Initiative (BRI).

Wang said that China will vigorously promote such cooperation, and so far, eight cooperation projects have already delivered tangible results.

Chinas approach to IPR cooperation includes holding online training courses for countries along the Belt and Road and promoting IPR protection and innovation, according to the spokesperson.

Continuous efforts will be focused on strengthening cooperation with other countries in promoting technological innovation in intellectual property rights on climate change, promoting carbon neutrality and knowledge sharing.

These joint efforts will allow innovation and creation to benefit ordinary people across all countries, and promote the building of a community with a shared future for the mankind, he said.

Global Times