A company's leapfrog development in two cities

chinadaily.com.cn | Updated: 2024-03-01 15:14
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A staff member of Hirain Technologies attends an online meeting at the R&D center in Tianjin on Feb 26, 2024. [Photo/Xinhua]

A Chinese company has achieved leapfrog development in Beijing and Tianjin thanks to the coordinated development of the Beijing-Tianjin-Hebei region.

Hirain Technologies Tianjin plant resumed work on the fifth day of Chinese Lunar New Year due to the continuous orders.

The Beijing-based company moved its plant to Tianjin in 2016 and invested 1.68 billion yuan ($233.44 million) in a R&D center which started operation in July 2023. The center currently has over 1,600 researchers and developers.

The northern production base project with a total investment of about 1 billion yuan has also settled down in Tianjin, and is being built in accordance with the intelligent workshop construction standards.

The improved business environment with preferential policies such as optimizing approval process, establishing a regular contact mechanism, and reducing office rent has provided strong support to the fast development of the company.

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