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Xi'an High-tech zone joins hands with leading companies

Updated: 2017-08-29 15:05:17 EmailPrint

The Xi'an High-tech Industries Development Zone signed cooperation agreements with leading companies at the World Xi’an Entrepreneurs Convention in Xi’an, capital city of Shaanxi province, on Aug 20.

An intelligent manufacturing industry fund totaling 1.5 billion yuan ($227 million) was set up, thanks to the joint efforts of Legend Capital Ltd, a leading Chinese venture capital investment company, and Shaangu Power, the world's largest provider of axial compressors and power generation equipment.

The park also teamed up with Lenovo New Vision, a member of China's largest computer manufacturer Lenovo Group that specializes in augmented reality (AR), and Shaangu Power to provide artificial intelligence (AI), AR, virtual reality (VR) and cloud computing services for the large-scale manufacturing industry.

After the convention, over 70 representatives visited the Xi'an High-tech Industries Development Zone, showing great interest in the achievements and investment environment of the zone.

The guests spoke highly of the Xi'an Institute of Optics and Precision Mechanics (XIOPM), one of the largest institutes of the Chinese Academy of Sciences in northwestern China, noting the institute’s creative application of high-tech research.

Gao Hefu, chairman of Guangzhou Sunrise Tech Co, said he is planning to launch a research center in the zone.

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The Xi'an High-tech Industries Development Zone signs cooperation agreements with leading companies at the World Xi'an Entrepreneurs Convention on Aug 20. [Photo/xdz.gov.cn]

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Guests visit the exhibition hall in the Xi'an High-tech Industries Development Zone. [Photo/xdz.gov.cn]

Edited by Zachary Dye

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