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Home / Biz updates

E-town creates an innovative base

Updated: 2014-12-09 (bdainvest.org/)
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Beijing's Economic and Technological Development Area, known also as E-town, is building an innovation avenue to connect several hi-tech parks that it is also building, according to a Nov 20 report from its Science Dept.

The area is hoping to improve its emerging industry and science and technology innovation services for a service industry cluster along Ronghua Rd, or "Innovation Ave", with the emphasis on integrated circuitry and software. One of the parks in the cluster is a 100,000-square-meter Internet Park for software research and e-commerce, while another is the Internet of Things Park to attract enterprises from all over the world to for greater progress in manufacturing.

The report at an annual forum on international intelligence and information safety, in E-town, that attracted domestic and foreign experts, researchers, and entrepreneurs who came to reveal their insightful ideas and concepts.

The area thus far has 8,890 enterprises, with 157 of them having an annual output value above 100 million yuan ($16 million), and 120 projects being run by Top 500 Global Companies, giving the area greater influence worldwide, and its development shifting to the non-manufacturing sector, such as e-information, bio-medicines, and automobiles. It has also made cultural innovation, energy conservation, and environment preservation priorities, the area's weekly has reported.

Edited by Fang Sha and Roger Bradshaw

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