A plan for China's first city cluster-based demonstration area - the south Jiangsu national innovation demonstration zone has been nodded by all related parities for making public, reported Xinhua-run cnstock.com Thursday.
The zone covering eight high-tech zones in Nanjing, Suzhou, Wuxi, Changzhou, Kunshan, Jiangyin, Wujin and Zhenjiang and the Suzhou industrial park was approved by China's State Council, the cabinet, earlier in October 2014.
By 2017, the zone is intended to make its main technologies parallel with world advanced ones and basically complete an open and regional innovation system. To be concrete, a batch of core technologies with independent intellectual property rights (IPR) on solar photovoltaic, intelligent power grids, the internet of things, nanometer materials and grapheme were aimed to be mastered. Meanwhile, it targeted to realize 130 billion yuan of business-starting investment and 1.6 trillion yuan of output by high-tech industries, which would take up 60 percent of its total industrial output.
By 2020, the area planned to generate 180,000 yuan of per capita gross regional product, over 10,000 high-tech firms, a group of innovation-oriented companies owning worldly renowned brands and great competitiveness and a batch of strategically emerging industries with independent IPRs and high added value for south Jiangsu.
The plan also proposed to pour much effort to build or expand many high-tech parks in Jiangning, Suzhou, Wuxi, Yixing, Changzhou, Kunshan, Jiangyin and Zhenjiang cities. Moreover, the zone was granted economic, social and administrative authority equal to those for cities directly under a province and was supported to learn from the China Shanghai Pilot Free Trade Zone to explore and establish a negative list for management.
Furthermore, preferential policies presently applied in the Zhongguancun Science Park as well as innovative policies pilots, science and technology finance innovation pilots and related franchise organizations were planned to be tried in the zone.
Besides, a risk compensation fund for loans supporting science and technology would be co-founded by five cities in south Jiangsu and the state high-tech zone, likely to reach 10 billion yuan with 3-5 years.
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