27 hard-tech incubators open in Zhongguancun

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The Zhongguancun Administrative Committee unveiled 27 hard-tech incubators on Thursday against the backdrop of the Beijing municipal government's plan on accelerating the development of such facilities. 


The list of the 27 incubators were announced previously at the inauguration event of the 2018 National Mass Innovation and Entrepreneurship Week.


Hard technologies refer to intelligent equipment, artificial intelligence, integrated circuits, new materials and various other tangible components that can be purchased and assembled into assistive-technology systems. Their development is essential to the city's strengthened efforts to encourage innovations and entrepreneurship.


The incubators will provide technology-based projects and enterprises with supporting services like research and development of technologies, a proof of concept as well as inspection and testing of products. 


They will also give business startups support in finding office space, working out business plans, making investment, raising funds, seeking business partners and promoting marketing campaigns. 


Located in various sub-zones of the Zhongguancun National Demonstration Zone across Beijing, the incubators are run by institutions including universities, State-owned enterprises, enterprises under the administration of the municipal government, foreign ventures and private companies. 


Weng Qiwen, deputy director of the Zhongguancun Administrative Committee, said that in the future, more support will be given to the incubators to help them improve technological skills, obtain more funds for equipment, attract highly skilled personnel and enhance service capacities.


"That will promote the transformation of scientific and technological achievements, improve the sub-zones' capacity to undertake projects and support the city's high-quality development with high-level innovation and entrepreneurship," he said.

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