Jiading starts 100 billion Yuan package for technological innovation

Jiading starts 100 billion Yuan package for technological innovation

In the Jiading district, which is known to accommodate high "scientific and technological innovation genes", an impressive financing program was presented that is tailored to the needs of technology companies. In cooperation with the Agricultural Bank of China (ABC), the local administration has launched a package that aims to support the development of science and technology in this dynamic region. According to City News Service this step is not just a significant grant of 100 billion yuan (around 13.87 billion US dollar), but also a fresh wind for the Cooperation between financial sector and industry.

Xiao Wengao, the party secretary of Jiading, emphasizes the innovation options of the district and shows how important the financing offers for technology -oriented companies are. This initiative is expected to further advanced the key technologies and more easily accessible to international financial services. The package contains ten specific features that serve to specifically address the challenges with which companies are faced with. These include faster permits and tailor -made credit products for companies in various development phases.

strengthening the community

A strong support network is the heart of this initiative. Jiading relies on comprehensive cooperation in the area of “finance and industry”. The aim is to create financing service centers that are housed in important industrial parks. This should not only promote high -quality industrial development, but also lay the basis for a sustainable innovation culture.

The importance of research and innovation is also evident in a broader context, for example in the goals of the European Union. As The EU , investments in these areas are crucial in order to secure competitiveness and to solve pressing social challenges. The EU promotes international cooperation and the exchange of knowledge between research teams in order to promote innovation throughout Europe. Such efforts are important in order to convert technological breakthroughs into commercially potential products.

a look ahead

The developments in Jiading are an impressive example of how locally oriented initiatives can set global standards. It remains exciting to observe how these financing measures will continue to transform the innovation landscape in Jiading. Companies in the region could benefit from the new opportunities and adapt their business models to the new circumstances. With the right support and the right financing mechanisms, the chances are good that Jiading acts as a model for other regions in the field of technological development.