Abstract:China's intellectual property right has rapidly developed and innovation capability has also quickly improved since the issue of "Innovation-driven Development Strategy" on national level. From now on, China has already become the biggest applicant of patents and register of trademarks in the world, although the innovation capability is still not strong and the output quality is still not good. In order to compensate this gap, the State Council explicitly put forward the strategy to build a world power of intellectual property right in 2015. Under such background, selecting the perspective of intellectual property value chain, this paper investigated the key segments of intellectual property value circulation, aimed to maximize the value of which. It proposed the guidelines, principles, major tasks, as well as implementation approaches to build into China such a world power. It formulated the "Pyramid to Build World Power of IPRs", the conceptual framework of above, as well as the scenario and milestones of China to achieve it in medium and long term, based on evaluation of status and forecast of the future.