The awarding ceremony of the second Zhongguancun International Frontier Science and Technology Innovation Competition organized by the Zhongguancun Frontier Technology and Industrial Service Alliance and Zhongguancun Bank was held at the Zhongguancun Exhibition Center on Jan 11.

The awarding ceremony of the competition is held on Jan 11.[Photo provided to chinadaily.com.cn]

The contest follows the principle of "fairness, openness, and equality". After more than three months of selection the top 10 enterprises in nine fields as well as the winner of the first, second and third prizes were chosen.

The winner of the first, second and third prizes.[Photo provided to chinadaily.com.cn]

On the basis of the first competition, the second competition has expanded from seven fields to nine fields all on the theme "focusing on cutting-edge technologies to lead innovation and development". Zhongguancun cooperated closely with its branch parks to run the contest.

This year's competition had the following features:

First, its scope was expanded. The number of declared projects this year is 1.5 times that of last year. The core team of over 300 projects was made up of graduates or senior researchers from more than 100 universities and research institutes, including the Chinese Academy of Sciences, Peking University, Tsinghua University, Shanghai Jiaotong University, and Fudan University.

Second, high-end innovation resources were integrated. The competition established a presidium composed of Academician Liu Zhongfan, Academician Wang Zhonglin, Academician Shen Changxiang and other leading experts. Review experts were selected through an open process to gather expertise on "technology + investment + industry".