China’s technology metropolis Shenzhen takes the lead in innovation and IP protection once again. On September 12, 2017, the construction of the Shenzhen Intellectual Property City was announced, which builds on the already existing competitive advantages of Shenzhen against other Chinese cities. The service of the new IP hub includes the creation, administration, and protection of intellectual property for government agencies, banks, NGOs and private companies. This strategy is very likely to prove successful: we expect an increasing number of innovative technology enterprises to choose Shenzhen as their location.
Source: Futian Government Online
Picture: Sohu