On February 19, the inaugural ceremony of the International Innovation Service Cluster (hereinafter referred to as the "Cluster") of Zhongguancun Science City was held. This landmark event saw the first cohort of ten trailblazing industrial investment institutions, heavyweight enterprise investment platforms, and innovation centers, committing to settle themselves within the Cluster.

The inaugural ceremony of the Cluster

The Cluster, strategically located in the China Technology Exchange, occupies a sprawling 7,800 square meters for its initial phase. It is designed to offer world-class office spaces, supporting services and infrastructure for its occupants. Anticipating future growth, the Cluster has been planned with scalability in mind to accommodate evolving developmental needs. With capital services as its core, the Cluster focuses on attracting renowned investment institutions, investment platforms for large-sized enterprises, and the Top 500 innovation centers, among other prominent service entities at home and abroad. The first ten entities joining the Cluster include Unity Ventures, WestSummit Capital, Great Wall Capital, Huatai Chuangxin, and Deloitte China.

As it strides into the future, the Cluster will continue to attract more and more leading industrial entities, with a goal to have over 30 service providers within three years. It also aims to foster the emergence of more than 200 burgeoning enterprises and extend its innovative services to no less than 1,000 tech companies nestled in the Haidian District. Meanwhile, the Cluster plans to methodically incorporate innovation resources around the world, including international commercial service entities, sci-tech organizations, and arbitral tribunals. This endeavor is complemented by a focus on enhancing professional services in legal affairs, finance, tax, consultation, human resources, and other related domains. Through all the aforementioned efforts, the Cluster is poised to evolve into a bustling hub of international innovation service providers, facilitating a synergistic exchange and co-creation of resources among its members.

(Source: The Beijing News)