Innovation Center Unveiled in Zhongguancun Silicon Valley2016-05-18 13:16:00Share:
The Zhongguancun Silicon Valley Innovation Center was opened in Santa Clara on May 11, offering a channel for enterprises in Zhongguancun to access world technology and markets and join global innovation through the leading hi-tech hub.
The strategic establishment of the innovation center allows Zhongguancun to merge into the innovative system of Silicon Valley through cross-boundary integration, sharing, and cooperation, thus creating greater value, said Sui Zhenjiang, vice-mayor of Beijing.
With an office area of about 7,000 square meters, the center is composed of an enterprise incubator, cross-boundary office, exhibition center, and areas for road shows and activities. Apart from the infrastructure and estate management services, it also provides policy consultation, program application and project matching. Management consulting, investment and outsourcing services are also available at the center.
The innovation center was co-established last year by Zhongguancun (International) Holding Co, an overseas subsidiary of Zhongguancun Development Group, and C.M. Capital, an American investment company.
Upon completion, the innovation center will bridge Chinese and American industries and corporations, and enhance the negotiability of intellectual property (IP) and patents. It aims to provide Silicon Valley’s technical research with more Chinese resource to realize secondary technical development. It will also contribute to enterprises’ technological product achievements, leading to market profits.
Serving as a bridge between newly-established enterprises in Silicon Valley and domestic leading companies and investment institutions, the center will accelerate cooperation between potential investors and project holders.
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