image_pdfimage_print

Author Archives: GovWorldMag

Beijing High-Tech Expo signs US$10.8b deals

The 20th China Beijing International High-Tech Expo (CHITEC) ended in the Chinese capital on June 10, attracting more than 200,000 attendees. A total of 82 projects of technology trading and industrial cooperation contracts have been signed with the total amount of 73.326 billion yuan (about US$10.8 billion) during the three-day expo.

CHITEC, first launched in 1998, has witnessed the transformation of Chinese sci-tech innovation from the low-end industrial value chain to a higher sci-tech power in the past two decades. This year’s expo featured a number of technologically sophisticated projects such as top-notch Tiangong-2 and COMAC C919, graphene waterborne paint which is a technological breakthrough in the field, and QD image sensor and so on. These original achievement showcase that China is on course to become a world-class sci-tech powerhouse.

According to the organizing committee, deals in the aerospace industry, new generation of information technology and new material amounted to 49.5 billion yuan, while projects aimed at improving people’s lives totaled 20.8 billion yuan.

read more

Beijing accelerates sub-center building with 255 major projects

Beijing has arranged 255 major engineering projects this year to accelerate the construction of its sub-center. By now, the overall design of the sub-center and the detailed design of six key areas have been reviewed by experts.

By the end of April, a total of 27 new projects have been launched, and 140 projects worth 16.35 billion yuan (US$2.41 billion) are under construction. The first-phase construction of the sub-center’s administrative area is speeding up, and the city’s major departments are expected to begin relocation by the end of this year.

Shi Weiliang, chief planner of Beijing’s urban planning and land resources authority, revealed that the plan of the six-square-kilometer administrative office area of the sub-center has been completed. He said that the overall plan of the entire Tongzhou District was rolled out last year, with the focus on the planning of the peripheral towns with unique characteristics and their coordination with the sub-center, surrounding cities and downtown Beijing.

read more