Economic Watch: Improved IPR protection boosts multinationals' confidence to invest in China

SHANGHAI, June 28 (Xinhua) -- As China strengthens its commitment to protecting intellectual property rights (IPRs), multinational corporations are increasingly enthusiastic about investing in the country.

In April this year, the Shanghai Third Intermediate Court announced a landmark ruling, imposing a fine of 600 million yuan (about 84.2 million U.S. dollars) and sentencing five individuals to imprisonment for