Striving to build itself into an innovation City
2018-08-07 [ Print ] [ Close ]

In recent years, Foshan has energetically implemented the strategy of innovation-driven development and the strategy of integrated development of finance-technology-industry, with the goal of building a national innovation city. A number of innovation carriers and teams have emerged. Innovation companies have been improved and key technological breakthroughs have been made. All these have significantly promoted the city’s industrial transformation and upgrading, as well as the development of newly-emerged industries. 


Science and technology innovation promotes the economy. A company-leading innovation system is the key to Foshan’s industrial transformation and upgrading. In recent years, the city has been increasing its input in science and technology, which leads to a rising public investment in science and technology. And the percentage of R&D input in the total GDP enjoys a continuous growth. Foshan was awarded the title of National Model City of Intellectual Property Work and National Pilot Zone for Intellectual Property Service Clusters. 


Financial innovation serves the real economy. With strong financial strength in the private sector, Foshan sees huge potential for the finance market. A large number of financial institutions in Foshan have been a great support for the development of the real economy. By setting up special funds and taking related measures, the city helped ease the financing difficulties for small and medium sized enterprises. 


Quality platforms boost high-end industry development. Foshan now hosts three major Hi-tech platforms: Foshan National Hi-tech Industrial Zone, Sino-German Industrial Services Zone and Guangdong Hi-tech Service Zone for Financial Institutions. In addition, there are a number of industrial platforms and bases in Foshan such as South China Intellectual Valley, Guangdong Industrial Design City, Smart New City, Lvdao Lake Metropolitan Industrial Zone, Foshan Pan-Household E-commerce Creative Park, China-Europe Technological Cooperation Industrial Park, Guangdong Intellectual Manufacturing Industrial Base, Guangdong New Light Source Industrial Base,etc.   


Foshan National Hi-tech Industrial Development Zone  


It’s one of the first national hi-tech zones approved by the State Council. A couple of industrial clusters including automobile manufacturing and components, new lighting, bio-medicine and new energy have taken shape. Five emerging industry bases developed jointly by the city and the province have established in the Zone such as IOT and cloud computing industrial base. FAW-Volkswagen, Panasonic Electrics, Haier and some other world famous companies have set foot in the Zone. Operating on the basis of “one Zone five Parks”, all Parks of the Zone integrated themselves with the development of the township where they are located, striving to build “China Golden Valley of Intelligence”. 


Sino-German Industrial Services Zone  


As one of Guangdong’s six key development platforms, the Zone is positioned as high-end international cooperation zone for industrial services in Guangdong Province, Guangdong’s pilot zone for comprehensive reform of industrial services and Guangdong model zone for integrated development of industries, city and people. Sino-German Industrial Services Zone has been upgraded as the cooperation between China and Germany. We are trying to build a highly simulated German environment within the Zone with the goal of developing hi-tech service industry, strengthening the cooperation with German hi-tech service companies, and promoting the industrial transfer and upgrade in the Pearl River Delta. A group of German industrial service organizations have been introduced, such as Steinbeis Transfer Center, VJP Intellectual Property, F+U Group, etc. 


Guangdong Hi-tech Service Zone for Financial Institutions     


It is the premier one among the seven basic platforms for Guangdong’s strategy to build a financially strong province. It positions itself as Asia Pacific Financial Backup Base and Guangdong Financial Center for Industries. High-end financial backup office and outsourcing organizations such as Data processing center and R&D center for financial institutions have made their presence in the Zone. It is applying for building a National Trial Zone of Industrial Finance. Several financial platforms such as Equity Exchange Center, Foshan Private Financial Street have been put into operation in 2013. Now it has attracted 139 financial institutions such as AIA, PICC, CGB, IBM, HSBC, covering the sectors of banking, insurance, security, funds and service outsourcing. 

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