IP service industry in China to witness a revenue of over 500 billion yuan in 2023

IP service industry in China to witness a revenue of over 500 billion yuan in 2023

2023/1/12

The China National Intellectual Property Administration (CNIPA) and 17 other departments jointly issued the “Opinions on Accelerating the High-Quality Development of IP Services”, according to news released on the official website of CNIPA on Monday. The Opinions set development goals of expanding high-quality and diversified IP services in 2023. IP service industry in China is expected to witness a revenue of more than 500 billion yuan, with IP service agencies to surpass 2000 and IP practitioners to reach 1.5 million, said the Opinion.




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It is lucky for Chen Jun to began his career in the IP industry 14 years ago when the first group of IP managers for businesses appeared on the stage in China and he has been in the industry.

It was this “Whampoa Military Academy” for IP that educated China’s first batch of corporate IP management personnel. Many of these engineers left Foxconn in the years since.