What is the system of mutual recognition of intellectual property rights?

The system of mutual recognition of the effectiveness of intellectual property rights is a system in which countries mutually recognize intellectual property rights.

The English Intellectual Property of intellectual property, IP for short, refers to intellectual creation, which makes knowledge creative and embodies wisdom. This intellectual achievement can be turned into wealth and protected by the state. The purpose of state protection is to enable the original intellectual achievements to derive more intellectual achievements, thus promoting the progress of social civilization.

Intellectual property rights mainly include trademarks, patents, copyrights and trade secrets.

Intellectual property has the dual rights of property right and personal right, and it is an intangible asset that can be bought, sold and pledged.