The Zhongguancun National Demonstration Area, China's first national-level high-tech park, has reached a significant milestone, as its subsidiary parks scattered across Beijing now host over 19,600 national high-tech enterprises and 92 unicorn companies. In 2023, the combined revenue of large-scale enterprises in these parks totaled 8.7 trillion yuan (US$1.2 trillion). 

These figures were highlighted during the 11th session of the 16th Standing Committee of the Beijing Municipal People's Congress, where the city government's report on the progress of reforms and development in the Zhongguancun sub-parks was reviewed.

Meng Fanhua, deputy director of the Education, Science, Culture, and Public Health Committee of the Beijing Municipal People's Congress, praised the achievements of the sub-parks. "Zhongguancun sub-parks have made notable strides in enhancing basic research, industrial planning, and fostering an innovation and entrepreneurship ecosystem," he said. Their key advancements include the accelerated development of high-tech industries, the establishment of clusters focused on artificial intelligence and synthetic biology, as well as improved services on high-tech enterprises. 

Despite these successes, the municipal people's congress committee noted that the parks still have a long way to go to become world-leading sci-tech parks. It proposed that more efforts need to be made in terms of spatial planning, industrial clusters, and cultivation of enterprises. The committee emphasized that these sub-parks should focus on building clusters of competitive strategic emerging industries, develop industries of tomorrow, as well as explore ways for government funds to support sci-tech startups.

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