Industrial Parks for International Cooperation in Chengdu

Authors: Li Gen

2018-10-26

To date, Chengdu has been home to 5 industrial parks for international exchange and cooperation. Playing a vital role in driving the city’s opening up and reform, and attracting foreign capital, technology and managerial expertise, they serve as an important platform for the city’s industrial restructuring and involvement in the Belt and Road development, as well as industrial collaboration with other countries and regions.
Sino-ROK Innovation and Startup Park
Overview
The Sino-ROK Innovation and Startup Park was co-launched by the Chinese and South Korean governments, with the support of the CDHT and ROK's Centers for Creative Economy & Innovation. Located at the Jingrong Start-up Hub inside the Chengdu Hi-tech Zone, the 256,000 sq.m. park is aimed to provide a green and sustainable space for entrepreneurs from China and South Korea to live, work, and do business.
Major events
In October 2015, during Chinese Premier Li Keqiang's official visit to the Republic of Korea (ROK), China and ROK came to an agreement to co-establish a China-ROK innovation and entrepreneurship park in Chengdu.
In April 2016, the park and Korea Investment Partners Co., Ltd., the largest venture capital institution in South Korea, were located at the Jingrong Start-up Hub, Chengdu Hi-tech Zone.
In June 2016, during the first Sino-South Korea youth innovation and entrepreneurship competition held in the city, 3 South Korean companies announced to locate their representative offices at the Sino-ROK Innovation and Startup Park.
Main industries
New energy vehicles, new materials, cultural and creative sectors, integrated circuit, electro-optic display, bio-medicine and smart devices, etc.
Achievements
In April 2016, the Korea Investment Partners Co., Ltd. opened a representative office at the Sino-ROK Innovation and Startup Park. As of February 2018, 43 South Korea-funded projects have been introduced into the park.
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