China has supported 78 cities to construct innovation-oriented cities since 2008. Science and Know-how Each day, citing the most recent public knowledge, stated the 78 cities gathered 77.2 p.c of the nation”s R&D spending and 70.4 p.c of native authorities funding in science and expertise to supply 80 p.c of the high-tech enterprises in China.
Amongst these innovation-oriented cities, 38 cities’ proportion of fastened asset funding to regional GDP is decrease than the nationwide common in the identical interval. The proportion in Shenzhen, Guangzhou, Hangzhou, Nanjing, Wuhan, Suzhou, Xiamen, Wuxi and Ningbo is under 60 p.c, which suggests the 9 cities have shed dependence on funding to embark on the street of high-quality improvement pushed by scientific and technological innovation, in keeping with the most recent report from the Ministry of Science and Know-how and Institute of Scientific and Technical Info of China.
Primarily based on progressive governance, authentic innovation, technological innovation, achievement transformation and driving drive for innovation, let’s check out China’s prime 10 innovation-oriented cities.