China's IP Service Industry Expands As High-Quality Service Capabilities Improve

Source: China IP News

The China National Intellectual Property Administration (CNIPA) recently released the 2024 National Intellectual Property Service Industry Statistics Report. The report indicates that in 2023, China's intellectual property (IP) service industry market grew steadily, with new business models emerging and continuous optimization of service supply structure and industry environment. Overall, the industry was showing "steady progress" and "qualitative improvement", with a solid foundation for high-quality development.

Growth in Number of Service Providers

As of the end of 2023, about 89,000 IP service providers were existing in China, a year-on-year increase of 2.9%. Among these were 5,269 patent agencies and 35,712 trademark agencies. In addition, around 22,000 organizations offered IP legal services, 9,000 provided IP operation services, 16,000 provided IP information services, and 58,000 offered IP consulting services.