The agreement will see both countries cooperate and work together on copyright issues to help to promote a strong national and international economy.

Intellectual Property Minister, Baroness Wilcox said:

“I am delighted to sign this agreement, which promises to bring the two countries closer together in this significant field.

“This agreement will see our two nations work together to improve the prospects for businesses in both countries.

“UK firms will be helped to understand and therefore access the Chinese market. The agreement will also help develop ways of protecting companies in both countries from missing out on the benefits of their creativity through piracy and counterfeiting.

“This government is committed to helping British companies export and this agreement is part of efforts to help firms grow overseas.

“I look forward to seeing the benefits this agreement will bring to our two nations.”

Under the terms of the Memorandum of Understanding, the two countries will share ideas and best practice while also promoting the importance of intellectual property.

The agreement will also see Britain and China seek coordination on copyright issues while looking for opportunities for development and training in copyright laws.

Regular assessments of progress made under the agreement will be carried out.

Notes To Editors

• The IPO is within the Department for Business, Innovation and Skills and responsible for the national framework of intellectual property rights, comprising patents, designs, trade marks and copyright.

• Its role is to help manage an IP system that encourages innovation and creativity, balances the needs of consumers and users, promotes strong and competitive markets and is the foundation of the knowledge based economy.

• It operates in a national and an international environment and its work is governed by national and international law, including various international treaties relating to IP to which the United Kingdom is a party.

• For media enquiries about the Intellectual Property Office please contact Paul Conroy on 020 7215 5303.