High-tech district eyes innovation and entrepreneurship

A new high tech-based company boasting a high-caliber team consisting of nine doctors was set up in Baotou Rare Earth High-Tech Industrial Development Zone in July, marking a new progress in Baotou’s efforts for innovation and entrepreneurship, reports Baotou Daily.

Located in Inner Mongolia Overseas Chinese High-Tech Pioneer Park, Inner Mongolia Huashen Chuangda Technology Co primarily operates businesses in the design, research and development and production of functional high molecule materials.

Since its establishment, the tech-based company has won contracts of five projects.

Wang Peng, general manager of the company, expressed his gratitude towards the district government’s support in backing the development and growth of the company including the given preferential policies and consultation.

Being one of the national-level high tech-based company incubators, the pioneer park aims at attracting high-caliber professionals and talents. Up to date, a total of 364 overseas high-caliber talents have found employment in the park. The park has incubated 357 tech-based businesses. 

Baotou Rare Earth High-Tech Industrial Development Zone [Photo provided to chinadaily.com.cn] 

Baotou Rare Earth High-Tech Industrial Development Zone has become a pioneer in innovation and entrepreneurship in Baotou. [Photo provided to chinadaily.com.cn]