Guangzhou Development District bets big on nano tech

To forge a world-renowned center of high-end nanotechnology industry and a hundred-billion yuan industrial cluster, Guangzhou Development District is committed to promoting the construction of a national institute of nanotechnology innovation and a nanotechnology innovation industrial cluster, or the China Nano Valley, according to local officials.

"To name it (the nanotechnology industrial cluster) as 'China Nano Valley' is to hope to gather and serve nanotechnology research institutions and enterprises nationwide," Zhao said. "In the future, the China Nano Valley will be capable of transforming not only the nanotechnology achievements made in the Guangdong-Hong Kong-Macao Greater Bay Area, but also the ones in any other regions of China."

With a planned construction area of 1.1 square kilometers, the China Nano Valley will have four industrial parks with different focuses of intelligent technology, life and health technology, energy and environment and composite materials.

Nanotechnology can not only help improve the quality of development and efficiency of existing pillar industries, but also help empower emerging industries and cultivate future industries, proving to be strong technical support for Guangzhou Development District to establish a modern industrial system with international competitiveness, said local officials.

At the event on Tuesday, where the incentive policies for the nanotechnology industry were released, 19 nanotechnology cooperation projects were also inked, out of which 15 were signed between the district's national institute of nanotechnology innovation and enterprises from sectors including new material, new energy, intelligent technology, medical treatment and finance.

The national institute of nanotechnology innovation will provide enterprises with research and development platforms and technical resources, which is expected to bring new development opportunities to these enterprises, said a senior official at the event.