Z-park fostering innovation

Zhongguancun Science Park in Beijing's Haidian district on Friday became the first State-level demonstration zone for independent innovation construction.

The park, China's largest hi-tech incubator, has got supportive policies ranging from stock options to financial reform for the next 10 years.

According to a statement issued by State Council, scientific and technological pilot projects will be carried out in the universities and colleges and research institutes within the park.