Chongqing - The number of technology enterprises in Liangjiang New Area reached 5,030 in the first three quarters of 2023. A total of 1,000 enterprises have been newly selected into the cultivating pipeline of technology enterprises, high-tech enterprises, and leading technology enterprises.

IKAS, entering the pipeline this April, is a smart industry solution provider in the semiconductor sector. 

Its intelligent decision-making algorithms, based on ROPN+AI technology, resolve the inefficiency of manual analysis and the prolonged troubleshooting process for semiconductor manufacturing. The algorithms have been implemented in many companies engaging in the semiconductor and pan-semiconductor sectors.

Additionally, its Advanced Process Control (APC), for example, enables automated parameter optimization that replaces previous parameter settings based on human experience. With the technology, product yield can see a minimum increase of 5%, and labor costs can be reduced by 30% -50%.

Mingyue Lake, home to 50 universities and institutes with a global reputation, is building itself into a cradle of sci-tech and industrial innovation. (Photo/Liangjiang New Area)

Building incubators with distinctive and international features

A five-year action plan was issued by Liangjiang New Area this July to accelerate the development of high-tech and sci-tech companies. 

To speed up the construction of a core vehicle for science and technology innovation with national influence, the plan elaborates on Liangjiang’s approaches to improve the innovation and industrial capacity from cultivation mechanism, innovation and industrial capacity, incubation platforms, and innovation ecosystem.

Improving innovation and industrial capacity centers on the advanced manufacturing clusters forming in Chongqing. According to the plan, Liangjiang will support enterprises to build sci-tech innovation platforms, expand national influence in the innovation ecosystem, encourage enterprises to increase R&D expenses, and endorse a shared and open resource of sci-tech innovation. 

To date, the new area has gathered 491 municipal-level R&D platforms, ranking first in Chongqing, and has established 25 national-level R&D platforms.

On incubation platforms, the new area will step up efforts on building large-scale innovation and entrepreneurship incubation parks and sci-tech incubators. At present, the new area is home to 45 maker spaces and incubators.

According to Yu Jingqiu, deputy director of Liangjiang New Area Science and Technology Innovation Bureau, continuous efforts will be made to build incubators with distinctive international features.

Yu said that in the coming five years, the new area will support the development of several platforms, such as the Mingyue Lake Industrial Innovation Park, BLOCK71 of NUS (Chongqing) Research Institute, China-Hungary Technology Transfer Center, and Sinoswiss Technopark. 

International cooperation in R&D, technology transfer, and investment will be carried out with prominent universities, enterprises, and incubators, and the new area also intends to explore a mode combining overseas pre-incubation and fast-growing local incubation.

According to the plan, the new area will house 1,350 high-tech enterprises and 7,000 sci-tech enterprises by 2025, 1,800 high-tech enterprises and more than 8,000 sci-tech enterprises by 2027, and more than 70 national “little giant” enterprises.

As the first national-level development and open area in inland China, Liangjiang New Area is one of the new focus zones for global industry transmission, a transportation hub of Eurasia international logistics, an area of strategic shift of China’s development and the core area of the newly-established market in the inland. 

(Original author: Guo Shuyu from Liangjiang New Area Media Center)