Yanqing Science Park in Beijing's northwestern Yanqing district will grant 60 million yuan (about $8.66 million) in support of the establishment in the district of satellites of major companies in Beijing. The boost, intended to accelerate the development of four pillar industries, including modern horticulture, sports technology, new energy and drones, was announced yesterday at the ongoing 2019 National Mass Innovation and Entrepreneurship Week, which opened in Beijing on June 13.
The district exhibited its hi-tech products, including drones and intelligent basketball at a promotional event held on June 17 on the sidelines of the larger Innovation Week, organized around the theme, "The land of green mountains and clear water presents a new world of innovation and entrepreneurship."
As a host of the current Beijing International Horticultural Expo and one of the venues for the 2022 Winter Olympic Games, Yanqing district aims to develop cutting-edge technologies in the four key industries, and has rolled out policies to assist related enterprises entering Yanqing.
So far, six hi-tech enterprises have completed negotiations and signed cooperation agreements with Yanqing Science Park since the Beijing section of the Innovation Week was launched.
The Beijing section of the 2019 Innovation Week highlights achievements across a diverse range of cutting-edge technologies, such as integrated circuits, AI, information technology, bio-technology and health, and new materials. Many of the advancements on display give the public a close look at how high-tech innovations can change lives.
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