Xi'an speeds up development of innovative enterprises
Many high-tech enterprises are located in the Xi'an Huanpu International Science and Technology Park. [Photo/Xi'an news network]
Xi'an, capital of Northwest China's Shaanxi province, has fast-tracked its development of innovative enterprises and in 2021, the city's high-tech enterprises achieved a total industrial output value of 486.42 billion yuan ($70.41 billion).
By the end of last year, Xi'an was home to 7,140 high-tech enterprises and 8,595 technology-based small and medium-sized enterprises (SMEs). It was also home to 300 entrepreneurship and innovation carriers above the municipal level, including 26 national-level incubators and 78 registered makerspaces.
Construction on Qinchuangyuan innovation-driven platform
Xi'an has promoted its innovation-driven Qinchuangyuan digital development platform and it has continued to improve policies concerning it.
To date, 18 districts, counties and development zones have issued work plans for the Qinchuangyuan platform.
In Xi'an, since the start of the year, a total of 81 industry-university-research fund coordination activities have been carried out to promote the transformation of 275 scientific and technological achievements.
What's more, 30 R&D platforms – including innovation consortiums and new R&D institutions – have been established in the city.
Construction of the Qinchuangyuan Aerospace Rongyao Technology Park is under smooth construction. [Photo/Xi'an news network]
Support in various areas
In 2021, more than 60 training seminars on national high-tech enterprise recognition and technology-based SME evaluation were held, with more than 5,000 enterprises participating.
Furthermore, more than 270 million yuan in grants and subsidies were issued to high-tech enterprises throughout the year.
In addition, Xi'an actively organized its Kechuang Xi'an series of activities, with more than 80 activities carried out. These included conferences and forums, competitions, investment and financing roadshows and policy training.
Growth environment
Xi'an is aiming to create an optimal growth environment for sci-tech, innovation-oriented enterprises.
To date, 11 market-oriented funds at different levels – including angel and venture capital funds – have been established there, with a total subscription of 7.59 billion yuan and actual payments of 5.91 billion yuan.
Moreover, the city has introduced a total of 1,101 high-level talent, including 107 from overseas.
In addition, 40 new international scientific and technological cooperation bases have been established, and Xi'an overseas scientific and technological exchange and cooperation stations have been established in Singapore, Israel and Germany.
