Promoting technology in the cities of the Great Gulf

The cities of Shenzhen and Guangzhou, Guangdong Province, ranked second and fourth in the assessment of 150 industrial technology development zones. The results were prepared by the Torch Industrial Technology Development Center of the Ministry of Science and Technology, with the two cities ranked second after Zhongguancun in Beijing and Zhangjiang in Shanghai. However, Shenzhen and Guangzhou were the best-qualified regions in the Greater Bay Area (GBA).

This is just the beginning of these Guangdong sites, which have introduced various measures to attract talent and support the industry: Guangzhou Municipal Bureau of Industry and Information Technology launched a new financing project; Huadu District organized a set of measures to promote development
Technology incubators (each company will receive a subsidy of three million yuan).

Guangzhou supports businesses

Huadu Tech Zone in Guangzhou is one of the key industrial development sites in the province and is a port for the production of vehicles and components. The region is also seeking to diversify the production industry and develop it with a network of smart equipment and new energy vehicles.

This industrial base is based on the presence of two major car manufacturers (Dongfeng Nissan and Venucia) as well as 190 other companies (31 of which are among the world’s 500 most valuable companies, according to Fortune magazine).

In addition to measures to boost technology incubators, the Huadu District has launched incentives for business development, financing, financial benefits, subsidies to renovate and build spaces, and even for entrepreneurship events, according to Southsea.

Read also: Foreign Capital Protection in Guangdong Province

The Guangzhou Municipal Bureau of Industry and Information Technology also issued several measures earlier this month, covering the areas of information and software services, construction of industrial parks, cost reduction for small and medium-sized enterprises, creation of new digital infrastructure and innovative application of the same, with government subsidies, incentives and benefits. Talent development is being boosted across the country, and later this year, four universities in Guangzhou will include vocational training in digital commerce in their curricula. This is the first time that so many higher institutions have added this topic to their curricula. In this way, the city now has 34 universities and vocational institutes to train talents in
digital commerce in guangzhou

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