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High-tech enterprises making advances
JIADING District led the city's districts and counties in China's third batch of innovation enterprises announced by the Ministry of Science and in key new high-tech Torch Program enterprises.
Fan Dan, chief of the department of scientific and technological industrialization of Jiading Science Commission, said that the government will support the development of a technical enterprise from the very beginning. Last year, a total of 64 enterprises obtained 4 million yuan (US$612,552) of innovation funds for small- and medium-sized technical enterprises. Thirty-three projects received 1.9 million yuan of city-level supporting funds for major new products while another nine enterprises were honored with 140,000 yuan of district-level funds.
The district is expected to add 60 more enterprises to its 170 state-level new high-tech enterprises and 10 more firms to 53 enterprises in the city's scientific program.
Jiading-based Shanghai STEP Electric Corporation, one of the China's third batch of innovation enterprises, pays great attention on its scientific research. It sets aside 8 percent of its revenue annually for its scientific development and has succeeded in the development of a new high-voltage frequency converter, which allows the speed of lift reaching 7 meters per second, comparing with 4 meters per second of the old one.
Fan Dan, chief of the department of scientific and technological industrialization of Jiading Science Commission, said that the government will support the development of a technical enterprise from the very beginning. Last year, a total of 64 enterprises obtained 4 million yuan (US$612,552) of innovation funds for small- and medium-sized technical enterprises. Thirty-three projects received 1.9 million yuan of city-level supporting funds for major new products while another nine enterprises were honored with 140,000 yuan of district-level funds.
The district is expected to add 60 more enterprises to its 170 state-level new high-tech enterprises and 10 more firms to 53 enterprises in the city's scientific program.
Jiading-based Shanghai STEP Electric Corporation, one of the China's third batch of innovation enterprises, pays great attention on its scientific research. It sets aside 8 percent of its revenue annually for its scientific development and has succeeded in the development of a new high-voltage frequency converter, which allows the speed of lift reaching 7 meters per second, comparing with 4 meters per second of the old one.
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