China's first IP exchange center will kick off in Tianjin in June this year. According to the Bureau of Science and Technology Development of Tianjian, Tianjin Binhai International Intellectual Property Exchange., Ltd. (Binhai IPE) was registered in the Tianjin Development Zone at the beginning of 2011. The total investment is expected to reach USD 1.2 million.

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As China's first international professional IP exchange service agency, Binhai IPE will make its debut on June 11th during the Fifth China International Private Equity Forum which will be hosted in Tianjin. The Northern Technology Exchange Market, Tianjin Intellectual Property Service Center, Beijing Xinzhengtai Investment Company Limited and Singapore Zhongding Shengshi International Investment Company Limited will jointly launch the exchange center.