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Guangzhou speeds up int'l science and technology innovation hub construction
Update: 2017-02-28     Source: english.gz.gov.cn

The international science and technology innovation hub, is one of three strategic hubs that Guangzhou plans to establish from 2016 to 2020. According to Guangzhou Science & Technology and Innovation Commission, the city will see an increase of over 1,000 high-tech companies and the R&D input will account for more than 2.7 percent of its GDP in 2017.

The hub will bring more world-class research institutions, science & technology enterprises as well as related incubators this year, said Zhan Decun, Deputy Director of Guangzhou Science & Technology and Innovation Commission.

In 2017, Guangzhou will be more active in global innovation cooperation, especially with countries & regions along the Belt and Road as well as some other developed countries.

According to Zhan, the city plans to set up overseas offices in cities and regions leading in science & technology innovation, such as Silicon Valley, Boston and Israel's Tel Aviv in Israel reach research partnership and attract innovative enterprises as well as top talents to Guangzhou.

Besides, Guangzhou will see a net increase of more than 1,000 high-tech enterprises this year. It will accelerate the development of emerging industrial cluster including industries like information technology, biological health, new materials, etc.

Also, a variety of professional incubators will be built to support those innovative industries and the amount of maker spaces will reach 150 in 2018.

(by Will, newsgd.com)

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