Huangpu's R&D expenditure accounts for over 4% of regional GDP

R&D expenditure in Guangzhou's Huangpu district accounted for 4.38 percent of regional GDP in 2020, which is at a world leading level.

The district now boasts four major innovation platforms including China-Singapore Guangzhou Knowledge City, which strives to become a national knowledge center with global influence, Guangzhou Science City, which is envisioned as a world leading intelligent manufacturing center, Huangpu Port, which wants to become a new trade innovation center serving the Belt and Road Initiative, and Guangzhou International Bio Island, which is on a quest to become a top-notch biomedicine and biosafety R&D center.

Guangzhou Science City.

A host of high-end projects were attracted to settle in Huangpu. They include a lab led by renowned Chinese respiratory scientist Zhong Nanshan, a traditional Chinese medicine research institute led by Zhang Boli, an academician of the Chinese Academy of Engineering, and a national technological innovation center in the Guangdong-Hong Kong-Macao Greater Bay Area.

In addition, the district has been actively ramping up cooperation with Hong Kong and Macao, prompting the free-flow of innovation factors. For instance, it has set up a scientific achievement transformation fund to boost the industrial, academic and research collaboration in the Guangdong-Hong Kong-Macao Greater Bay Area, and issued a series of policies to support innovation and entrepreneurship among Hong Kong and Macao youth.

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