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2018 Yangzhou municipal government work report (part 2)

Updated: Apr 26, 2018 chinadaily.com.cn Print

The government said in 2017, that it has vigorously implemented innovation-driven strategies and continuously increased its development vitality. 

In highlighting scientific and technological support, Yangzhou realized a blowout of innovative achievements in 2017. For example, the R&D input accounted for 2.4 percent of Yangzhou's total GDP, a new group of 110 high-tech enterprises gained national recognition, and the number of invention patents exceeded 900. 

The agglomeration effect of Yangzhou's various development zones has taken shape, with the introduction of a series of policies and assessment methods to promote their transformation and upgrading. 

A new group of two state-owned industrial bases and three provincial-level science and technological industrial parks were approved. Some famous incubators, such as Ucommune and Ku-3, have helped Yangzhou attract more than 1,000 start-ups and 3,000 makers. 

With increasing support, the small and micro businesses in Yangzhou flourished as their total revenue amounted to 476 billion yuan ($75 billion), up 41.4 percent. Local government has also awarded some 70 million yuan to small and micro companies, for their purchasing services and leasing of factories. 

This English version is only for reference. To learn more, please refer to the authoritative Chinese version.

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