During the opening ceremony of an international forum themed "Open Innovation" in Moscow, Chinese Premier Li Keqiangsaid that all countries need to work together to achieve multiplication of knowledge and value through innovation cooperation, so as to solve development problems and promote common prosperity, because the world calls for innovation in large scale and at deep level. Open innovation includes innovation cooperation not only in the fields of technology, but also in structure and mechanism. Creative and innovative vitality can only be stimulated when technological innovation is combined with structural reform, and only under these circumstances, the world economy can recover steadily with a powerful impetus. Chinahas opened up to the outside world and kept on raising the degree and level of its opening-up, which in return promotes reform and improves competitiveness the ability of innovation. However, China remains the biggest developing country in the world, and to achieve the goal of becoming a developed country by the middle of the century, Beijing needs to further emancipate minds and stick to the path of reform and innovation. China has been devising a mechanism to promote innovation; it will carry on reforming the scientific and technological system and improving the distribution mechanism for scientific achievements. China has been creating an environment that protects innovation: improving its legal system, regulating the market and creating an inclusive environment to attract more innovators, listing China's efforts in protecting intellectual property rights. Furthermore, it has been supporting its entrepreneurs to innovate technologies and administration among others, developing an innovation-driven economy. On China-Russia ties, Beijing is ready to cooperate with Russia on major strategic projects, deepen people-to-people and local communication, support the cooperation between medium- and small-sized companies, and work out a mechanism that promotes innovation cooperation. The gLawcal Team LIBEAC project Thursday, 16 October 2014 (Source: Intellectual Property Protection in China)

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