Science park to become R&D centre

BEIJING'S Zhongguancun Science and Technology Park, dubbed “China's Silicon Valley,” will be turned into a world-class research and development (R&D) centre in about a decade, a local official announced on Thursday.  

Zhongguancun, home to a large number of high-tech companies and research institutions, will become a world-class R&D area for chip design, Internet applications, mobile telecommunications, digital technology and bio-medicine, Zhou Liangluo, head of the Haidian District government, told an R&D headquarters forum at the on-going seventh Zhongguancun Computer Festival.  

To reach these goals, local government will work hard to provide a sound environment for high-tech firms and research institutions and will implement preferential policies for investment and talent recruitment.  

Initial statistics show that Zhongguancun currently has more than 500 R&D centres, over 40 of which were set up by multinational corporations, such as Microsoft, Lucent, IBM, Oracle and Siemens.  

Microsoft has set up two R&D centres in Zhongguancun, one for basic research and another for Microsoft products' research and development. – People's Daily 

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Regional

US DOJ remits RM1.9bil in seized monies to Malaysia
Meet China’s elderly influencers cashing in on the Internet
TikTok begins testing in-app shopping to challenge Facebook
Nutrition expert wins award for nourishing millions worldwide with fish
A 1,100-year-old poem cost Meituan’s outspoken CEO US$2.5bil
Indian PM Modi to skip G7 meet in Britain due to COVID-19 crisis
Thai court grants bail to two protest leaders in jail for royal insults
Ad campaign critical of Japan's coronavirus response makes waves
Woman fights on for damages over Vietnam War use of 'Agent Orange'
Bursa closes broadly lower as 980 stocks in the red

Stories You'll Enjoy