A new pilot zone for China-Singapore technological innovation cooperation was launched in the China-Singapore Guangzhou Knowledge City (CSGKC) in Huangpu District, Guangzhou on September 28th. The district also witnessed 65 major projects break ground while 20 projects signed at the launching ceremony with a total investment of 184.1 billion yuan.
[Photo provided to Newsgd.com]
The pilot zone is located in the north of the Zhishi Avenue and east of Jiulong Avenue, covering an area of 2 square kilometers. According to plans the zone aims to boost cooperation between China and Singapore, and will build the China-Singapore smart R&D center, youth business incubators, financial training center and digital health center. It will also introduce major Singaporean projects including the Singapore Power Group (SP) Knowledge City headquarters and Star3D project.
According to Huangpu government, this is the first grand groundbreaking ceremony after the State Council approved the 2020-2035 development plan for CSGKC. The launch of the pilot zone and cooperative projects are also in line with China’s new development strategy to boost domestic and international partnership after the pandemic.
“The CSGKC started construction in 2010,” said Xu Hui, Deputy Director of Development and Construction Office of CSGKC, “the first phase of China-Singapore cooperation focused on urban planning, infrastructural construction and investment promotion. Now that we have entered the second phrase of development, our cooperation will expand to the fields of IPR protection, smart city and technological innovation.”
In addition, 12 China-Singapore cooperative projects were highlighted at the ceremony, among which the SP project will build a headquarters in Knowledge City. There have been 59 joint projects signed and 6 major R&D platforms built between China and Singapore in the CSGKC over the past decade. More than 200 enterprises and institutions have settled in the area.
Meanwhile, 37 major projects broke ground in the CSGKC. These projects are mainly in the fields of smart vehicles, new infrastructure and digital economy.
Reported by Jasmine
Edited by Olivia, Jerry