Photo taken oh Feb. 15, 2019 shows the signing ceremony of strategic partnership between G60 Science and Technology Innovation Valley 9-City and Shanghai Stock Exchange in Shanghai, east China. (Xinhua/Fang Zhe)
BEIJING, April 2 (Xinhua) -- Chinese authorities led by the Ministry of Science and Technology (MOST) on Thursday unveiled a plan for the construction of the G60 Science and Technology Innovation Valley in east China's Yangtze River Delta, the Economic Information Daily reported on Friday.
According to the plan, initial results will be achieved in the construction of the G60 Science and Technology Innovation Valley in 2022, with the construction of the advanced manufacturing and strategic emerging industrial clusters in the forefront of the country, and the modern service industry and advanced manufacturing industry achieving integrated development.
Meanwhile, cities along the valley will jointly compile a plan for the development of the advanced manufacturing, and focus on the artificial intelligence (AI), integrated circuits (ICs), biomedicine, high-end equipment, new energy, new materials, new energy vehicles and other fields to strengthen their synergy, promote the upgrading of industrial structure, and build a number of national strategic emerging industrial bases with global competitiveness.
By 2022, R&D investment will account for 3 percent of the regional GDP, while the figure will increase to more than 3.2 percent in 2025, said the plan.
It is worth noting that the added value of strategic emerging industries will account for 15 percent of the regional GDP by 2022, and 18 percent by 2025.
The G60 Science and Technology Innovation Valley was named after an expressway, G60, which runs through several cities in the region. The valley refers to the nine cities and districts including Songjiang District of Shanghai, Suzhou City of Jiangsu Province, Hangzhou, Huzhou, Jiaxing, Jinhua of Zhejiang Province, and Hefei, Wuhu and Xuancheng of Anhui Province, with a total area of 76,200 square kilometers. (Edited by Hu Pingchao with Xinhua Silk Road, email@example.com)