This year marks a pivotal stage for SIP’s implementation of its three-year action plan for achieving exemplary integrated development of higher education, technology, and talents. It is enhancing policy support to foster a high-quality innovation ecosystem for this purpose.

SIP encourages and guides higher education institutions to carry out research projects that can help overcome challenges in industries prioritized by it. Statistics show that higher education institutions in SIP have undertaken about 8,000 sci-tech research projects based on the needs of over 5,000 enterprises, and incubated 1,100 businesses, including 300 high-tech ones.

SIP is now home to headquarters and branches of 33 prestigious universities (research  institutes) and a number of important national-level platforms such as Suzhou Lab, National Center of Technology Innovation for Biopharmaceuticals and National Third-generation Semiconductor Technology Innovation Center (Suzhou), which are attracting high-caliber talents from all over the world.

SIP has upgraded its Jinji Lake Talents Program and carried out other programs to support leading talents to make innovations and launch their own businesses in it, and support enterprises to introduce and cultivate talents. Under one of the programs, an enterprise can receive a reward of up to RMB1 million for introducing and cultivating talents, and a highly paid talent it employed can receive a reward of up to RMB400,000.