China Internet of Things Innovation Park [Photo provided to chinadaily.com.cn]
The China Internet of Things Innovation Park became the first in Jiangsu province to win the award of "AABI Incubator of The Year 2019" in Hong Kong on Nov 7.
The Asian Association of Business Incubation (AABI) promotes business activities by facilitating information exchanges among Asian incubators, clients and related organizations.
AABI hosts the annual awarding ceremony to present awards to member organizations, enterprises and entrepreneurs, aiming to promote the development of business incubators in Asia.
The China Internet of Things Innovation Park wins the award of "AABI Incubator of The Year 2019" in Hong Kong on Nov 7. [Photo/xhby.net]
After ten years of vigorous development in the Wuxi Xinwu district, the China Internet of Things Innovation Park's widespread recognition has been well-earned.
It is now the first national park that specializes in intelligent sensors, incubates the internet of things, and experiments with cultivating regional brands.
By refining the incubation chain for technological-based enterprises and providing both extensive and intensive service support, the park has achieved satisfactory results in its endeavor to develop a comprehensive industrial chain. So far, it has accumulated more than 500 taxable enterprises, which have reached a total output value of 6.5 billion yuan ($943 million), with 125 patents obtained per thousand people.
The year 2019 marks a decade since Wuxi was tasked by the State Council in 2009 to construct China's national sensor network innovation demonstration zone, to support the development of the digital economy.
