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Zhongguancun Science Park released its operations report for the first five months of the year.
According to the report, quality and revenue of the overall economic development have improved. Profitability and output per capita saw continuous growth. The industrial structure of high technology has been optimized. Investment in innovation saw rapid growth, and innovation projects have achieved significant results. The innovative energy grew continuously to build up more forces to support future development.
From January to May, the total revenue of all corporations in the science park reached 1.23 trillion yuan ($198.21 billion), increasing 11.2 percent over last year. The total value of industrial output reached 342.64 billion yuan ($55.20 billion), which took up 50 percent of the industrial output value of the entire city of Beijing and grew 16.6 percent since last year.
Large scale enterprises were more significant in the growth of the science park. The revenue from the large scale enterprises from January to May increased 15.7 percent since last year and contributed to 91.3 percent of the science park's overall growth rate. A total of 36 large scale enterprises including JD.com and Qunar.com doubled their revenues.
Overall profitability remained positive despite the receding growth rate. From January to May, the general profits earned by all corporations reached 86.83 billion yuan ($13.99 billion), increasing 14.0 percent year to year. The overall profit margin reached 7.0 percent, which increased 1.4 percentage points since the first quarter.
The output benefit per capita has continuously improved. Since the beginning of the year, income per capita, profit per capita, and tax revenue per capita have increased.
From January to May, the average income for each staff member in the science park was 710,000 yuan ($114,381), 6.2 percent more than last year. Each staff member created 50,000 yuan ($8,055) of profits and 45,000 yuan ($7,249.5) of tax revenue, which increased 8.8 percent and 2.5 percent respectively.
The structure of the talent pool has improved. By the end of May, for every 10,000 people, 5,215 held bachelor's or higher degrees and 133 held foreign nationality or have studied abroad. Both of the numbers increased.
In the aspect of high-end talent, the science park has 1,090 people from the "Recruitment of Global Experts", which takes up 82 percent of Beijing's total and 21 percent of the national figure.
Investment in innovative projects has increased. Spending on technological activities within corporations reached 42.47 billion yuan ($6.84 billion), which increased 14.1 percent since last year.
Technological expenses accounted for 3.5 percent of spending, which slightly increased compared with last year. Among which, 34.5 percent of corporations (2,118 corporations) accounted for over 10 percent of the spending.
Innovation projects achieved great results. Corporations based in Zhongguancun applied for 838 PCT Global Intellectual Properties, which took up 61.9 percent of the city's total.
There were 16,095 intellectual property applications and 11,803 issued cases. Both figures account for over 30 percent of the city's total. There were over 10,000 intellectual property applications exceeded 10,000. As of the end of the May, the science park had a total of 39,551 intellectual properties, 63.9 percent of city's total.
Entrepreneurship energy has been continuously activated. A total of 8,577 new technological businesses were launched from January to May. Up to 2,017 businesses were added in May.
As many as 21 corporations were listed in the stock markets from January to May. Of these, 13 were listed in the ChiNext board (a NASDAQ style board), four were listed in the main board, three were listed in the small and medium-sized enterprise board, and one was listed in the NASDAQ. The total number of listed corporations in the science park reached 275, as of June 9.
Among the "Top 30 Chinese entrepreneurs under 30" by Forbes, nine were from Zhongguancun, which took up 70 percent of the selected figures in Beijing and nearly one third of the entire list.
The Zhongguancun Entrepreneurship Street incubated around 1.6 start ups per day on average since its launch on June 12, 2014. Around one enterprise receives financing per day, averaging around five million yuan ($805,500) of financing. The number of entrepreneurship service institutions joining the Zhongguancun Entrepreneurship Street has increased from 10 to 30.
Six technological areas retained steady and rapid growth. Electronic information, new energy, and energy conservation contributed 88 percent of the growth of the science park. The six high technology areas realized revenue of 986.98 billion yuan ($159 billion) from January to May, which took up 80.1 percent of the general revenue, increasing 13.6 percent year to year, and exceeding the overall growth rate by 2.4 percentage points.
The revenue from electronic information contributed 496.23 billion yuan ($79.94 billion), which took up 40.3 percent of the overall revenue, increased 17.0 percent year to year, and was responsible to nearly 58 percent of the overall revenue growth. High technology industries are playing more important roles in the steady growth of the science park.
The high tech service industries had outstanding performances in revenues and profits. The high technological manufacturing and service industry earned 405.6 billion yuan ($65.34 billion) from January to May, which took up 32.9 percent of the overall revenue and increased 9.6 percent year to year. High technology industries realized 29.64 billion yuan ($4.78 billion) of profit, which increased 27 percent year to year.
