Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, January 17 2022 - 14:38
Xinhua Silk Road: E. China's Wuhu mulls over sci-tech innovation and digital development
BEIJING, Jan. 17, 2022 /PRNewswire-AsiaNet/ --

Wuhu City of east China's Anhui Province has mulled efforts in boosting the 
science and technology innovation as well as digitalization to push industrial 

Wuhu has been the gateway of commerce since ancient times and bred a commercial 
culture as well as an adventurous spirit, said Ning Bo, mayor of the city.

"Innovation is the critical driver of enterprise development. Wuhu has formed a 
distinct atmosphere of supporting innovation and respecting entrepreneurship," 
said Ning.

Wuhu has formulated multiple policies to encourage individuals and enterprises 
to engage in sci-tech innovation. It has built ten innovation parks with an 
area of more than 3 million square meters suitable for young people to start 
businesses, and allocated 1 billion yuan of subsidies for independent 
innovation every year.

Wuhu has also implemented a three-year plan to double the number of high-tech 
enterprises, with multiple measures applied such as performance reward, project 
support, R&D subsidy and equity incentive to stimulate enterprises' innovation.

In 2021, Wuhu's research and development investment 
( for 3.34 percent of 
its GDP.

At present, a total of 55 key R&D innovation centers have been constructed in 
Wuhu, taking up one fourth of the total in the province. 580 high-level 
sci-tech talent teams have been summoned up and 1,276 high-tech enterprises as 
well as 1,521 technology-based small and medium-sized enterprises (SMEs) have 
been set up in the city.

Industrial Internet can empower industrial transformation and upgrading to 
promote intelligent manufacturing in digital era, added Ning.

Wuhu has issued guidelines to select 100 benchmark demonstration enterprises to 
promote the innovative development of industrial Internet, and established a 
comprehensive service platform to provide technological support for SMEs.

Meanwhile, industrial Internet and projects as well as enterprise services are 
well combined to promote the transformation and upgrading of the real economy 
with the average profit margin of enterprises increasing by one percent.

By 2023, more than 3,000 SMEs are expected to use cloud platforms to realize 
digital transformation.

In addition, Wuhu also plans to build small and medium-sized aviation power R&D 
base and intelligent manufacturing innovation base, and speed up the integrated 
development of aviation maintenance. 

Source: Xinhua Silk Road

Image Attachments Links:


   Caption: Photo shows Ning Bo, mayor of Wuhu in east China's Anhui Province.


   Caption: Photo shows the host venue of a cultural festival held in Wuhu, 
east China's Anhui Province. (Xinhua/Wang Fei)


   Caption: Photo shows the Chery Automobile's intelligent workshop.


   Caption: Photo shows an aircraft production workshop of Wuhu Aviation 
Industrial Park. (Xinhua/Wang Fei)