Hundreds of entrepreneurs, startups, undergraduates and experts gathered at the Technology Incubation Park in Changzhi Hi-Tech Industrial Development Area on Nov 22, to discuss developments in the new material and technology industries.
There were eight projects associated with applications for new materials, such as glass fiber felt for insulation on aircraft and nano-diamond material used in steel, demonstrating their latest inventions to potential investors at the investment and promotion conference.
The Chinese Materials Research Society, one of the sponsors at the event, signed a strategic cooperation agreement with Changzhi to establish an expert service station in the hi-tech industrial development area.
 |
|
The Chinese Materials Research Society establishes an expert service station in the Changzhi Hi-Tech Industrial Development Area according to a strategic cooperation agreement signed between the two at the promotion conference on Nov 22. [Photo/sxgov.cn] |
Another nine projects, including novel luminous cloth and laser robot manufacturing, also decided to be settled in the city, to boost local new material and technology industries.
More than 20 companies were involved in the 10 projects. The total investment amounted to 990 million yuan ($143.17 million).
 |
|
Ten projects costing 990 million yuan ($143.17 million) are signed at the promotion conference on Nov 22. [Photo/sxgov.cn] |
"The projects will give an impetus to technical innovation and the economic growth of Changzhi, advancing local industrial upgrading and economic restructuring," said Wang Yusheng, vice-mayor of Changzhi.
Changzhi Hi-Tech Industrial Development Area, a provincial high-tech zone founded in 1992, has been accelerating the industrialization of new material inventions and boosting innovation to support the local economy.
 |
|
Wang Yusheng, vice-mayor of Changzhi, delivers a speech at the investment and promotion conference of new material and technology held on Nov 22 in Changzhi, Shanxi province. The event was organized by Changzhi Hi-Tech Industrial Development Area and the Chinese Materials Research Society. [Photo/sxgov.cn] |
