China to improve punitive damages system for IPR infringements
Xinhua
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An IPR protection counter at the China Beijing International Fair for Trade in Services on May 29, 2018. [File Photo: IC]

BEIJING, March 5 (Xinhua) -- China will improve the punitive damages system for intellectual property rights infringements and increase the extent of compensation, according to the draft outline of the 14th Five-Year Plan (2021-2025) for national economic and social development and the long-range objectives through the year 2035, which was unveiled on Friday.