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China IP Highlights: January 2021 (Issue 2) - Intellectual Property

Report”). According to the Report, there were approximately 66,000 IP service agencies, including 2,691 patent agencies and 459,100 trade mark agencies, and around 820,000 employees in the IP service industry at the end of 2019. The industry revenue is estimated to be around RMB 210 billion. On the whole, the various forms of services offered by the IP service industry are in a situation where the input-output ratio is equivalent or where output is high, indicating that China s IP services have a good input-to-income conversion rate. The Report further points out that new technologies such as Internet Plus , big data and artificial intelligence have given birth to new IP services tools and models, opened up new

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