Chinese Vice-Premier Wu Yi said Tuesday that the Chinese Government is paying increasing attention to the protection of intellectual property rights (IPR) and is addressing the problems one by one.

Addressing a luncheon for an IPR roundtable conference hosted by US embassy in Beijing, Wu said China has paid great attention to the protection of IPR, and stepped up its efforts over the past several years on the protection of both international and domestic IPR.

"This is not only for the implementation of China's pledges when joining the World Trade Organization, but more importantly, for attracting more overseas investments and advanced technology in the process of opening up, and for accelerating the economic and social progress of China," she said.

Over the past two decades, China has established an IPR legal protection system and its IPR protection legislation has been widely endorsed by the world, said the vice-premier.

As member of the World Intellectual Property Organization, China has joined the Paris Convention for the Protection of Industrial Property, the Madrid Agreement Concerning the International Registration of Marks and some other international conventions and agreements on the protection of intellectual property.

China's acceptance of international conventions and treaties " again demonstrated that China has approached international standards in terms of the sphere and level of the protection of IPR," Wu said.

She briefed China's efforts in the protection of IPR and said China has scored remarkable achievements in the fight against counterfeiting and other forms of IPR infringement.

On the development of China-US economic and trade relations, Wu Yi said developing trade and economic relations would benefit both sides, and the two sides should handle with particular care any trade disputes, and strive for a continuous and steady growth of trade and economic relations.

Officials from IPR protection departments of China were invited to the roundtable conference, and gave briefings on China's IPR legislation and law-enforcement to both Chinese and American business people.

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