Science park spearheading capital's high-tech innovation

Zhongguancun Science Park is a multibillion dollar affair that is spearheading Beijing's technological innovation and contributing to Beijing-Tianjin-Hebei's coordinated development.

Established in 1988, it is the first national innovation demonstration zone. The park hosts more than 9,300 national-level high-tech enterprises, whose total revenue last year reached 4.08 trillion yuan ($623 billion), a 13.2 percent increase year-on-year, about 2.6 times than the figure in 2010.

Its contribution rate to the capital's economic growth has increased from 17.9 percent in 2010 to 36.8 percent in 2015.