China's 'Silicon Valley' expands
Widely known as "China's Silicon Valley", the Zhongguancun technology hub in Beijing has been expanded into the nearby Hebei province and Tianjin in an attempt to integrate resources and talent from the three regions, as per the Beijing-Tianjin-Hebei integrated development strategy.
Founded in Hebei in April 2015, the Baoding Zhongguancun Innovation Center is the first of its kind to be built outside Beijing. About 90 companies and startup teams have opened offices in the center, half of which are from the Chinese capital.
Hu Dehui, general manager of the center, said: "We are dedicated to implementing the innovation culture of Zhongguan into the projects. In that culture, change is the only thing unchanged, and innovation happens at all times."