Strong R&D capability and a complete industrial chain have made high-tech industries Shenzhen's most important pillar.
The total output value of high-tech products made in Shenzhen reached over 1.93 trillion yuan ($292.55 billion) in 2016, up 11.13 percent from the previous year.
Input in R&D
In 2016, expenditure of R&D of Shenzhen accounted for 4.1 percent of its GDP.
In 2016, the PCT applications amounted to 19,647, comprising 46.59 percent of the nation's total and stayed at the top of China for several consecutive years. There are 8,037 recognized State-level high-tech enterprises in Shenzhen. Grapheme terahertz chip, unmanned aerial vehicle and flexible display technologies are among the leading technologies in the world.
High-tech talent pool
By the end of 2016, Shenzhen was home to 1.44 million professional technicians. Of those technicians, more than 60,000 had studied abroad. In 2016, the city attracted 10,509 talents from overseas. The Peacock Plan, aiming to attract top talents from overseas, helped 632 professionals settle in the city in 2016 and helped 1,996 talents in total, providing them with a total subsidy of 410 million yuan.
Shenzhen-HK Innovation Circle
The establishment of the Shenzhen-Hong Kong Innovation Circle fosters technological collaboration between Shenzhen and Hong Kong to create a global innovation center across the region. Since Shenzhen and Hong Kong signed a plan supporting the Shenzhen-Hong Kong Innovation Circle in 2007.
High-Tech Industrial Park
Construction of the Shenzhen High-Tech Industrial Park, known as SHIP, started in September 1996, with a planned area of 11.5 square kilometers. With 20 years' development, the industrial park has not only strengthened its innovative competence but also become the paragon of the city's innovation. In 2016, the industrial park kept a healthy development momentum. Among the 1,295 high-tech enterprises in the park, 441 companies each had an annual output value of over 100 million yuan and 90 companies were listed. A relatively complete and competitive technology chain was formed.
Virtual University Park
Shenzhen Virtual University Park was built in 1999. It is the first innovative industry-college-research park that was built based on the mode of gathering recourses from the government, various colleges and other institutions. The park's major functions are to train and introduce first-class professionals, integrate industrial and research resources, establish key research labs and doctoral workshops, and promote cooperation between Hong Kong and Shenzhen research centers. So far, it has cultivated more than 260,000 professionals, and fostered 182 postdoctoral researchers. It has nine peacock teams.
Cosponsored by the Ministry of Commerce, Ministry of Science and Technology, Ministry of Industry and Information Technology, National Development and Reform Commission, Ministry of Education, Ministry of Agriculture, State Intellectual Property Office, Chinese Academy of Sciences, Chinese Academy of Engineering and Shenzhen Municipal Government, the China Hi-Tech Fair (CHTF) began in 1999 and has been held each year since. The 19th CHTF will be held in November 2017. Learn more at: www.chtf.com/.
BGI-Shenzhen, established in 2007, is engaged in scientific research of public interest. BGI-Shenzhen has achieved breakthroughs in the large-scale discovery of gene resources, in the sequencing of complicated genomes of higher forms of life, and in the research of inherited diseases. According to the Nature Publishing Index 2016 that was released by Nature Publishing Group, BGI ranked first among all the industrial institutions in China and 12th in the world. Learn more at: www.genomics.cn/.
Shenzhen Institute of Advanced Technology of CAS
The Shenzhen Institute of Advanced Technology of CAS was established in 2006 by the Chinese Academy of Sciences (CAS), Shenzhen Municipal Government and The Chinese University of Hong Kong. The institute has a talent pool of around 2,243 scientists. In 2016, the number of its patent applications was 887. The total number of its patent applications in the past years was 4,400, which ranked second in China and first in Guangdong Province. It incubated over 450 companies and three of them will be listed on the National Equities Exchange and Quotations System or ChiNext. It has stakes in more than 187 firm, among which 27 firms' output value exceeds 100 million yuan.
Kuang-Chi Institute of Advanced Technology
The Kuang-Chi Institute of Advanced Technology is a research institute sponsored in 2010 by industries, government and venture capitalists. Kuang-Chi Institute attracts distinguished scientists from different countries and territories and features collaborative cross-disciplinary research on metamaterials. By March 2017, its patent applications reached 4,100 and the patents in metamaterial research accounted for 86 percent of the total applications in this field. Learn more at: www. kuang-chi.org/.
National Supercomputing Center
The National Supercomputing Center in Shenzhen (Shenzhen Cloud Computing Center) is the city's largest scientific infrastructure facility. The Dawn 6000 supercomputer system can perform 1.27 quadrillion calculations per second, certified in 2010 as the second-fastest system in the world. The center was put into use in November 2011, processing massive data for scientific research, technological and engineering projects as well as serving as a cloud computing center for the whole society. Learn more at: www.nsccsz.gov.cn/.
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