Taixing city, located in East China's Jiangsu province, is strengthening coordination with universities, research institutes and other high-tech innovation drivers to help it expedite the commercialization of technology achievements.
In the Taixing Economic Development Zone, manufacturer Yatai Pump & Valve has promoted cooperation with universities to tackle a series of technical difficulties.
The technology research alliance the company established with Jiangsu University in Zhenjiang city in the province is assisting the company in improving the sealing performance of water pump products.
Elsewhere, due to manufacturing technology limitations, precision reducers used in industrial robots have been largely monopolized by Japan for a long time.
Seeing the opportunity, Taixing's Jiangsu Tailong Decelerator Machinery has cooperated with Chongqing University in Southwest China's Chongqing to tackle the key problems of robot precision reducers and break through the technical barriers.
At present, products produced from the company have reached the technical standards of international benchmark enterprises, so they can replace imports.
In the first half of the year, the city's research and development expenses of enterprises above a designated size – those with annual revenue of 20 million yuan ($2.8 million) or more – amounted to 1.73 billion yuan, while 535 invention patents obtained authorization, a year-on-year increase of 124.78 percent.
The factory run by Jiangsu Tailong Decelerator Machinery. [Photo/WeChat account: txfabu]