Z-park innovation booming in China
The first State-level demonstration zone for independent innovation construction was constructed in Zhongguancun Science Park in Beijing’s Haidian district on 21st March.
As China’s largest hi-tech breeding nest, Z-park had enjoyed several policies to enhance its advancement, no matter for stock options or financial reform. Moreover, these supportive policies can be endeavored for a whole decade.
The State Council also announced a statement that the scientific and technological pilot programs could be carried out. That included the universities and colleges and research institutes which would be settled within the park. Those small- and medium-sized enterprises engaged in scientific and technological activities would also enjoy a loan support from the bank, which is encouraged by the government.
New industries participating in major national scientific and technological projects, especially in areas like electronics, biopharmaceuticals, aviation and space, new materials, clean energy, modern agriculture and pollution reduction would primarily be supported. If there were problems, limited concern should be given. Formulate supportive policies would be generated from the ministerial-level coordination team which was set up by the Ministry of Science and Technology. All those policies are encouraged to attract elite people with incredible innovation. Furthermore, the enterprises that can influence the whole world are welcome to establish within the park. More fantastic than that, by the end of 2020, Zhongguancun zone will turn out to be a world wide scientific and technological innovation center with the help of these policies.
Beijing Party Secretary Liu Qi said the government would do all its effort to make the park a leading center for independent innovation.
As the China’s Silicon Valley, Zhongguancn Science Park had become the scientific and technology zone in 1988. However, in the 1980s, it just was an electronics street back that time. In 1988, it had already owned 1.4 billion yuan. Astonishingly, by the end of 2008, its total income increased 700 times. Because the uniqueness of this region, around half of the foreign funds are attracted thanks to that. And almost half of the Chinese corporations are listed on the NASDAQ.
Tsinghua University President Gu Binglin is supportive to the new policies too. The creativity of teachers and professors as well as other scientific and research personnel would be motivated. And also the scientific and technological transfer would be stimulated. Lenovo Chairman Liu Chuanzhi said his company would take on some major national projects and also establish a top notch research institute.
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