Chaoyang Science Park was an electronic industrial base known as "the cradle of China's electronics industry" during the First Five-Year Plan period. In 2012, Chaoyang Science Park was established as approved by the State Council, which marked the formation of a spatial pattern featuring "One Park and Six Areas" (One Park refers to Chaoyang Science Park and Six Areas refer to Eastern Area of Electronic City, Western Area of Electronic City, Northern Area of Electronic City, Wangjing Area, Jianxiang Area and Fatou Central Area) and had a planning area of 26.1 kilometres. Chaoyang Science Park is known as the hub of scientific and technological innovation and the core area of the digital economy of Chaoyang District. It is also one of the core supporting areas in the construction of the "Two Zones" (the Integrated National Demonstration Zone for Opening up China's Services Sector and China (Beijing) Pilot Free Trade Zone).Chaoyang Science Park has the following features in its development:
THE ADVANTAGES AND DEVELOPMENT OF CHAOYANG SCIENCE PARK
First, the economic aggregate has grown continuously
Nearly 70,000 enterprises are registered in the Park. From January to November 2020, high-tech enterprises above designated size in the Park achieved a total of 702.2 billion yuan in revenue; the annual contribution to taxes in Chaoyang District approached 10 billion yuan, with an annual average growth rate of 12.6%; the exports totaled 19.09 billion yuan; the average land output rate reached 26.9 billion yuan/km2 and the output per worker reached 2,888,000 yuan/person along with a year-on-year growth rate of 24.9% and 15.7% respectively; the number of researchers reached 76,000 and the R&D expenses amounted to 32.7 billion yuan with a year-on-year growth rate of 21.7% and 35.4% respectively; per capita taxes ranked the first among all sub-parks in Zhongguancun.
Second, high-end industries take the lead
Advanced manufacturing technology, new energy and high-efficiency energy conservation technology, electronics and information, and biological medicine contributed more than 70% of the total revenue. Within the Park are the regional headquarters of 33 transnational corporations, over 150 multinational investment corporations, 29 listed companies, 13 unicorn companies and 368 companies whose revenues topped 100 million yuan. "Culture+Tech" companies like Momo and Pop Mart, and new retail companies like Meicai and Uxin Group are based here, and emerging industrial formats of "Internet Plus", such as cyber security, blockchain, online education and live streaming are also developing rapidly. The innovation ability of companies is improving and an industrial Internet ecosystem has formed.
Third, the Park has rich innovation resources
The Park has 16 national key laboratories, 3 national engineering laboratories; 2 national and regional joint engineering centres (engineering laboratories); 5 national incubators and 7 maker spaces that have filed for recordation to the Ministry of Science and Technology, with a total area of 200,000 square metres for incubation; 74 academicians, 12 members of the Thousand Talents Program, 19 members of Beijing Overseas Talent Aggregation Project, 7 postdoctoral working stations, thus providing a nurturing environment for innovation and entrepreneurship. In addition, the Future Forum, China Academy of Industrial Internet, and the Kunpeng Innovation Centre have settled here, and top intellectual resources are also gathering fast in the Park. By the end of 2020, 4 high-growth centres, i.e. Hillhouse, Sequoia, Glue Up and COSMOPlat, have been established in Chaoyang International Venture Capital Cluster co-built with Zhongguancun Science Park Administrative Committee, and more than 24 startup projects and professional service institutions have settled here.
Fourth, innovation has been strengthened continuously
Chaoyang Science Park has topped the innovation development evaluation of Zhongguancun Science Park for two consecutive years based on the innovative performance indicator and joined the third startup and innovation demonstration bases approved by the State Council in 2020. The number of researchers within the Park has amounted to 28.3%. It also tops the number of patents owned per 10,000 people, the ratio of companies obtaining venture capital and the annual new high-tech companies among all sub-parks. In terms of innovative talents, Chaoyang Science Park has attracted nearly 5,000 returned overseas personnel, accounting for 28.3% of the researchers. It has hosted the Future Forum, increasing the influence of the Future Science Prize.
Fifth, the space suitable for living and industrial development has been expanding
Chaoyang Science Park is speeding up the construction of "One Park and Six Areas". The first, second and third phases of the construction of the Eastern Area of Electronic City Headquarters have been completed; the primary land development in the Western Area has finished; the construction within the Fifth Ring has also been completed, and the four pieces of land outside the Fifth Ring are ready for transaction. The integrated planning, design and compilation work of the former Beijing Coking Chemical Factory in Fatou Central Area has been completed. Besides, Great Wangjing Technological and Business Innovation District has completed its construction, while high-end business buildings like Greenland Centre, Posco Centre and Poly International Plaza have been in use. The Beijing Office Centre of Alibaba has accelerated its construction, while the supportive project of "Three Internationals and One Future", i.e., international talents' apartments, international hospitals, international schools and the permanent site of Future Forum, has been established. Currently, the Park has over 70 key business buildings and 5 projects under construction. It is expected that another 380,000 square metres will be put for industrial use in the next 3 years, which will provide important space for more industrial projects to come.