Caohejing becomes high-quality development model

2020-04-20 Browse times: 128

Caohejing, an important high-tech industrial base in Xuhui, has built a technology innovation cluster for the demonstration base of mass entrepreneurship and innovation.

It has developed the innovation pole of information technology industry and created an innovation and entrepreneurship belt.

A recent evaluation made by China's National Development and Reform Commission for the national demonstration bases of mass entrepreneurship and innovation showed Xuhui district of Shanghai ranks second among the 32 regional demonstration bases after Nanshan district of Shenzhen.

Caohejing has formed new technologies such as artificial intelligence, 5G communication and Internet of Things with a number of local enterprises including Quectel Wireless Solutions, Remittance Data and Fullhan Microelectronics growing rapidly.

AI leading enterprises as Sense Time Technology,Unisound and AI Speech have settled down at Caohejing to push forward competitive industries of integrated circuits,information and communication to a higher level.

The park has introduced and trained 48 overseas high-level talents and 64 leading talents for artificial intelligence, Internet of Things and biomedicine.

It has also witnessed the establishment of a number of high-growth gazelle enterprises such as DataCVG, Hongyan Logistics and Emotibot Technologies as well as unicorn enterprises as YITU Technology, Henlius and MOLBASE.

A source with Caohejing said the park has adopted technology policies to support innovation and entrepreneurship, high technology and small technology giants projects which have become a stimulus to the growth of small and medium-sized enterprises.

Meanwhile, it has built a technology financial service system with the financial platforms of small and medium-sized technology enterprises as the core, covering credit, equity financing, listing and integrity services.

At present, 3,600 technology enterprises with 250,000 employees are engaging in innovation and entrepreneurship at Caohejing.

The source said on an average day, an enterprise will set up here and 20 patents will be submitted for application. The park will obtain venture capital of more than 2 billion yuan a year and over 300 results will be turned into products.