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. Read more…

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China, construction, economy, innovation, park, science

It has been demonstrated that for business innovation, setting economy-wide targets for boosting the share of renewables as a share of total energy source is a vital platform. Chinese companies are ranking tops in solar power, rechargeable batteries for mobile phones and electric cars in the global market.

Today’s new frontier is energy efficiency. Chinese business, encouraged by the government’s aim of raising the energy efficiency of the economy overall by 20 percent Read more…

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business, China, energy, innovation, productivity, profit

According to a government spokesman, before the end of the year 2010, Nanjing will spend another 30 billion yuan ($4.4 billion) in the 3 million sq m of residential areas which need innovation.

The spokesman for the Nanjing real estate administrative bureau, Huang Chang’an, said that the low-rent housing system will get an additional 1.08 billion yuan and that 6 million sq m of affordable apartments will be built before Read more…

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area, innovation, nanjing, real estate, residential

Shenzhen and Hong Kong had decided to cooperate with each other though the agreement on May 21, 2007 to build a“Shenzhen-Hong Kong Innovation Circle” after the approval of the central government. This agreement aims to pool their innovative resources, particularly in the field of technological innovation.

According to Liu Yingli, deputy director and secretary-general of the organizing committee of China High-tech Fair, their innovative efforts will be influential in the Read more…

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agreement, cooperate, high-tech, HK, innovation

The Ministry of Industry and Information Technology said on Thursday that due to technological innovation, China’s software exports surged in the first four months of this year.

In the January-April period, exports totaled $3.27 billion, up 54.9% year-on-year. And the software sector’s revenue was 193.55 billion yuan, registering an increase of 31.2%.

In 2001, China’s software exports were worth $720 million and the figure rose to $10.24 billion in the year 2007. And the sector’s income was 583.4 billion yuan in 2007, up 630% from 2001, according to the Ministry.

Last year, Chinese software accounted for 8.7% of the global industry, up from 1.5% in 2001.

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China, export, innovation, Outsourcing, software