Industrial Revenue of Lugu Industrial Park Exceeds 100 Bln Yuan

An awarding ceremony was convened at Changsha National High-tech Industrial Development Zone on March 2.

On that ceremony, enterprises in Lugu Industrial Park who have made outstanding achievements in independent innovation last year were commended and granted a total reward of 50 million yuan.

Last year, the industrial revenue of Lugu Industrial Park exceeded 100 billion yuan by 8.8 billion yuan, up 43% over the previous year. And its revenue ranks second among high-tech industrial development zones in six provinces of central China.

Lugu Industrial Park has succeeded in taking in diversified innovative elements during these years through industry-university-research-finance integration.

To make it more specifically, the Management Committee of Changsha National High-tech Industrial Development Zone has set up a special fund of 600 million yuan to finance small and medium sized enterprises. Meanwhile, the committee has introduced 91 investment institutions to grant loans.

Enterprises in Lugu Industrial Park have established close cooperation at present with more than 100 research institutions, colleges and universities at home and abroad.

In the past two years, the number of patent applications and scientific and technological programs of enterprises in the park has increased with an annual growth rate of 40%. Their independent innovation capability has been enhanced by a large margin, making the aggregation effect more prominent.

Source: http://www.enghunan.gov.cn/