Li Keqiang: ＂Punish him to the point of bankruptcy＂ for malicious infringement of inte

Chinese Premier Li Keqiang said that China will step up punishment for infringement of intellectual property rights, and that individuals or companies that maliciously infringe intellectual property rights will be punished to the point of bankruptcy.

The 20th China-EU Summit was held in Beijing today.After the meeting, Li Keqiang jointly met the press with President of the European Council Donald Tusk and President of the European Commission Jean-Claude Juncker.

Li Keqiang said that China is committed to creating a good business environment for foreign investment, adopts an equal attitude towards Chinese and foreign companies, and resolutely stops and does not allow the forced transfer of intellectual property rights.

Foreign companies have complained for many years that the unspoken rule of doing business in China is that they must transfer technology and trade in exchange for market access.When the United States launched a trade war against China, one of the reasons given was China's unfair trade practices.

Li Keqiang said today that he has not received any direct lawsuits yet, but he made it clear: if any companies investing in China or cooperating with China feel that they have been unfairly treated or coerced, you can file a complaint with us.appeal.

The ministers here and I are willing to accept that if any company has been treated unfairly in China, especially if its intellectual property rights have been seriously violated, we are willing to directly accept these cases.

He said that for infringements of intellectual property rights, the Chinese authorities will increase the punishment and double the punishment. For malicious infringement of intellectual property rights, he will be fined to the point of bankruptcy.

Li Keqiang also said that China's protection of intellectual property rights is not only to protect the environment for cooperation between China and foreign parties, but also to protect the innovative development of Chinese enterprises themselves.

He said: Without intellectual property protection, Chinese enterprises cannot develop themselves, so we are harming ourselves.(Reported by Lianhe Zaobao reporter Lin Ziheng in Beijing)