First Sino-German SMEs Cooperation Park in Western China to Open

Authors: Go Chengdu

2014-11-24

On Nov. 20, the launching ceremony for the Sino-German Pujiang Small and Medium-sized Enterprises (SMEs) Cooperation Park was held in southwest Chengdu’s Pujiang County.
It was the first of its kind in western China and the second one in the country after that in Juangsu Province’s Taicang City.
The Park is aimed to become eco-industrial with international standard to develop precision machinery and bio-medicine industry through introducing advanced technologies and professional management experience from Germany, according to the agreement between Pujiang and Germany.
Among the total planning area of 7 square kilometers, about 1.17 square kilometers is for more than 100 German-funded enterprises to be introduced by 2020, which are expected to generate an annual output value amounting to RMB10billion (approx. US$1.61billion) and a yearly tax revenue totaling RMB1billion (approx. US$161million).
In addition, a Sino-German vocational education training base is under construction inside the park, and the German Dual System of vocational training will be used to improve the mutual cooperation in the areas of management, technological innovation and business culture.

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