Jingrong Town: Rebirth of Entrepreneurship
China Today by Luo Yao, October 13, 2016 Adjust font size:
Development Impetus
Within a year, the town has renovated office buildings covering 400,000 sq m, introduced 30 business incubators and 1,098 projects for innovation and entrepreneurship, and mainly engaged in four industries, namely biomedical, Internet plus, big data and intelligent manufacturing (drones and robots). “It is its good platform and conditions that have promoted the town’s development from nothing,” said Xiao Shijie. According to him, the town has set up guidance funds, including RMB 100 million for angel investment, RMB 200 million for venture capital investment, and RMB one billion for industrial investment. Such favorable terms have attracted many entrepreneurs and experts from first-tier cities.
Premier Li Keqiang visits Jingrong Town and talks with entrepreneurs on April 25, 2016.
Last April, Chinese Premier Li Ke- qiang visited Jingrong Town and remarked, “Changing vacant plants into space for makers is like listing new economy with the help of traditional industry.”
In May 2016, the State Council listed the first batch of 17 demonstration bases for innovation and entrepreneurship, including Beijing Haidian District, Tianjin Binhai New Area, and Shanghai Yangpu District. Pixian County in Chengdu is the one and only county-level base on the list.
The Minjiang River nurtures this land of plenty. Ancients used to advise young people to stay away from this easy and comfortable place. In modern times, Jingrong Town has attracted a growing number of young makers intent on fulfilling their entrepreneurial dreams.
