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Zhongguancun Huairou Park reaches revenue of 54.1 b yuan in 2017

Updated: 2018-02-12

The Zhongguancun Huairou Park, a sub-park of Zhongguancun Science Park, announced on Feb 9 that it received revenue of 54.1 billion yuan ($8.58 billion) in 2017, with an increase of 25 percent.

In 2017, Huairou district focused on the goal of building a "Centennial Science Park" and co-ordinated the construction of Huairou Science Park. The Beijing Huairou Comprehensive National Science Center was approved and the district pushed forward to collect plans for overall urban designing.

Zhongguancun Huairou Park reaches revenue of 54.1 b yuan in 2017

Lu Yuguo, head of Huairou district, gives a report on government's work of 2017 on Feb 9. [Photo by Li He/Qianlong.com]

The integrated extreme conditions experimental device and five cross-research platforms started construction.

The district cleaned out 10 traditional manufacturing companies in the Huairou Science Park and introduced up to 191 high-tech companies, reaching technological contracts with a total value of 1.22 billion yuan.

Huairou Science City expects to begin construction on 18 projects this year. It also plans to further improve its service facilities in order to attract more world renowned talent, with hopes of bringing together leading researchers from around the country, officials say. Construction on schools, commercial buildings, and parks are also set to soon begin.

Zhongguancun Huairou Park reaches revenue of 54.1 b yuan in 2017
Huairou Science City, a sub-park of Zhongguancun Science Park. [Photo provided to chinadaily.com.cn]