Recently, the reform and upgrading plan of Shijingshan Park of Zhongguancun Science Park has been implemented. Taking Shougang Park as the core and focusing on four distinctive industries of Metaverse, science fiction, industrial internet, and artificial intelligence (AI), the plan strives to build the Shijingshan Park into a world-leading science and technology park. By 2025, the total revenue of Shijingshan Park is expected to reach CNY 470 billion, making it an innovation hub for the transformation and development of western Beijing.

The plan clarifies the reform targets of the Shijingshan Park, which include: a) optimizing the industrial development patterns, b) accelerating key technological breakthroughs and innovating service models, c) implementing application scenarios, d) improving the innovation ecosystem, e) striving to build an industrial cluster with global influence, f) fostering a streamlined, efficient, and professional park with smooth operation and top-notch services, g) shaping itself into a characteristic park with clustered industries, distinctive features, and spatial efficiency, and h) making it a branded park with leading businesses, diversified co-governance, and active innovation.

According to the plan, Shijingshan District will strengthen collaboration with Shougang Group to jointly promote the implementation of major industrial projects and optimize refined urban management. Specifically, it will a) develop characteristic industries, b) create a development pattern of "one core plus two clusters", c) build generic technology platforms (e.g., optics and computational imaging, 3D cloud rendering, etc.) and public service platforms (e.g., optical design services), d) foster a large-scale model industry cluster for general AI, e) focus on the application of demonstration scenarios, and f) explore new ways of regulatory services in digital asset circulation and other aspects. Moreover, the district will g) strengthen the innovation resource allocation, h) improve the assessment and evaluation system, and i) form an industrial cluster with global influence, striving to cultivate high-quality characteristic parks.

In recent years, Shijingshan Park has kept a momentum of rapid development, giving birth to four major characteristic industrial parks including Shougang Park Science Fiction Industry Cluster, Beijing Banking and Insurance Business Park - China Electronics Technology (Beijing) Smart Science Park, Zhongguancun Industrial Internet Industrial Park, and Zhongguancun Virtual Reality Industrial Park. The annual revenue of Shijingshan Park has increased from CNY four billion in 2006 to CNY 396 billion in 2022, with a compound annual growth rate of more than 31 percent. In the first half of 2023, the revenue has reached CNY 201.2 billion.

(Source: Beijing Daily App)