The Beijing Economic and Technological Development Area, or Beijing E-Town, boasts 38 "little giants," the most among China's 230 national economic development zones.

The phrase "little giant" refers to small and medium-sized enterprises that focus on a market niche and master key technologies with a strong innovation capacity and large market share.

The Beijing Xinghe Dongli Space Technology Co. Ltd., a "little giant" also known as Galactic Energy, successfully launched a Ceres-1 rocket last December, sending five commercial satellites into the 500km sun-synchronous orbit. Around Galactic Energy, there are a host of enterprises dedicated to space exploration, forming the so-called "Rocket Street."

To support their development, Beijing E-Town has organized a satellite-rocket industrial alliance and issued incentive measures, with awards as high as 50 million yuan.  

Anoroad, a genetic science and technology "little giant," rented an office at Beijing E-Town's biomedicine industry park nine years ago. According to its CEO Li Zhimin, the park's public technology service platform has substantially eased the company's equipment purchasing burdens and helped promote its technology transformation. 

Tasson, a developer of optical-fiber communication products used in aerospace technology, has developed a high-reliability chip that could accelerate communication speeds by up to 4,000 times - four times faster than the existing international standard. 

A "wild geese flying pattern" has also been formed in Beijing E-Town in terms of enterprises' innovation capacity. From start-up "golden seeds" to "gazelle" companies, "little giants" to "hidden champions" and "unicorns," the total number of innovative enterprises in the area is projected to double by the end of 2025. 

Beijing E-Town will make more effort to improve its service system, ease enterprises' difficulties, and contribute to building the capital into an international innovation hub for science and technology.

Related

Go to Forum >>0 Comment(s)