Huangpu promotes high-quality development of SMEs

Huangpu district has been actively promoting the high-quality development of small and medium-sized enterprises (SMEs).

The district has promoted industrial chain investment, gathering enterprises upstream and downstream together. To ensure that Guangzhou CanSemi Technology, a unicorn company, develops at full speed, the Guangzhou High-tech Industrial Development Zone has accelerated the construction of a 6.6-square-kilometer semiconductor industrial park. 

The park will be located in the Guangdong-Hong Kong-Macao Greater Bay Area and will bring together more than 120 upstream and downstream companies.   

Huangpu has increased its capital investment and promoted investment diversification. At a high-quality development conference, the Guangzhou High-tech Industrial Development Zone proposed to set up a 1 billion yuan ($147 million) fund for the high-quality development of SMEs.

In addition, the district has been committed to platform investment and endogenous investment. In recent years, Guangzhou Shiyuan Electronic Technology has incubated more than 10 enterprises.

China-Singapore Guangzhou Knowledge City.