CHENDU, July 25 (Xinhua) -- Pan-Pearl River Delta should look to innovation and property right protection in order to facilitate PPRD regional cooperation and development, a senior scholar said on Monday.

    Addressing the high-ranking officials session at the second PPRD Cooperation and Development Forum in the southwestern city of Chengdu, Liu Yingqiu, vice president of the Postgraduate School of the Chinese Academy of Social Sciences, warns against neglecting innovation and property right protection in the process of pursuing GDP growth.

    "It shall not live up to our expectations for quality growth and will do harm to the cultivation of sustainable added value capability. A framework for innovation and property right protection is the key to success in PPRD cooperation," Liu said.

    China, in spite of spectacular economic success, is severely short of competitive patented products, he observed. Each DVD set manufactured in China, usually priced around 100 USD, requires 30 USD of property rights fees on average. "That leaves little (profit)," Liu said.

    The scholar also cited the fall of Highway 128 and the difficulties and advantages of the Silicon Valley in the United States to argue for "vision ahead of our times".

    Pan-PRD, involving eight provinces, one autonomous region and the two special administrative regions of Hong Kong and Macao, is the largest regional cooperation in China. Enditem