{"id":546322,"date":"2021-06-07T11:18:01","date_gmt":"2021-06-07T11:18:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=546322"},"modified":"2021-06-07T11:18:01","modified_gmt":"2021-06-07T11:18:01","slug":"xihu-district-launches-program-to-support-tech-innovation","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/xihu-district-launches-program-to-support-tech-innovation_546322.html","title":{"rendered":"Xihu district launches program to support tech innovation"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-size: 14px;\"><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/uploads\/2cc2dd3aee813221f17bf5dd671c46bb.jpg\" alt=\"\" \/><\/span><em><br \/>Xihu district in Hangzhou launches a program on June 2 to encourage technological innovation. [Photo\/zj.zjol.com.cn]<\/em><\/p>\n<p style=\"text-align: justify;\">Xihu district in <a rel=\"nofollow\" href=\"http:\/\/www.ehangzhou.gov.cn\" target=\"_blank\">Hangzhou<\/a>, East China&#8217;s Zhejiang province, launched a program on June 2 to encourage technological innovation, Hangzhou Daily reported.<\/p>\n<p style=\"text-align: justify;\">Over the next five years, Xihu district will allocate 500 million yuan ($78.25 million) to support provincial small and medium-sized tech companies, 1.5 billion yuan to cultivate national high-tech companies, 1 billion yuan to help companies go public, 1 billion yuan for research and development institutions, and 2.5 billion yuan to bring in top professionals.<\/p>\n<p style=\"text-align: justify;\">According to the program, the district also plans to cultivate 3,800 provincial small and medium-sized tech companies and 1,800 national high-tech companies and introduce 116 top overseas professionals over the next five years.<\/p>\n<p style=\"text-align: justify;\">Xihu district also published implementation opinions on the cultivation of &#8220;flying companies&#8221;.<\/p>\n<p style=\"text-align: justify;\">&#8220;Flying companies are companies with high growth and strong innovation capacity,&#8221; said Du Hao, head of the Xihu district science and technology bureau.<\/p>\n<p style=\"text-align: justify;\">Du noted that the district will support flying companies with R&amp;D investment, housing rental subsidies, industrial funds, and more, and that each company will receive a subsidy of up to 50 million yuan.<\/p>\n<p style=\"text-align: justify;\">Currently, Xihu district is home to 766 national high-tech companies, 2,384 provincial small and medium-sized tech companies, and 14 provincial laboratories.<\/p>\n<p style=\"text-align: justify;\">In addition, the district has to date brought in 4,270 high-level professionals from overseas.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/ehangzhou.gov.cn_60564.html\" rel=\"nofollow\">The Information Office of Hangzhou Municipal Government<\/a><br \/><strong>Contact Person:<\/strong> Cai Jingwen<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=xihu-district-launches-program-to-support-tech-innovation\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 0510-68559077<br \/><strong>Country:<\/strong> China<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.ehangzhou.gov.cn\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.ehangzhou.gov.cn\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.ehangzhou.gov.cn\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=xihu-district-launches-program-to-support-tech-innovation\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Xihu district in Hangzhou launches a program on June 2 to encourage technological innovation. [Photo\/zj.zjol.com.cn] Xihu district in Hangzhou, East China&#8217;s Zhejiang province, launched a program on June 2 to encourage technological innovation, Hangzhou Daily reported. Over the next five &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/xihu-district-launches-program-to-support-tech-innovation_546322.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[412,446,432],"tags":[],"class_list":["post-546322","post","type-post","status-publish","format-standard","hentry","category-News-Current-Affairs","category-Society-Culture","category-Travel"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/546322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=546322"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/546322\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=546322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=546322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=546322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}