The Yinchuan International Business Incubator has attracted 188 enterprises to set up workshops until now this year, according to its management committee on Dec. 6. The number of enterprises is expected to reach 600 by the end of this year.
The incubator has developed emerging industries including cloud computing, big data, internet of things, e-commerce, satellite application, internet finance, bio-technology, cultural innovation and commercialization of intellectual property rights over the past few years. It helped enterprises won support fund totaling 550 million yuan this year so as to accelerate innovation and R&D.