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In the future, a "Valley of Innovation" will be built in Hefei, Anhui Province, which will rely on the University of Science and Technology of China (USTC) and other institutes to gather global talents. On the morning of July 7, the Information Office of Anhui Provincial People's Government held a press conference to inform the relevant policies and measures of the"Implementation Plan for the Construction of the Silicon Valley of the USTC" issued by the Anhui Provincial Government. According to the plan, the government will build "one core, two parks and one town" and introduce 22 high-quality policies to create a benchmark of science and technology innovation and build a highly dynamic, future-oriented, and world-renowned "Valley of Innovation." What is "Silicon Valley of USTC"? Based on the new area of Hefei, with the global alumni of universities and institutes such as the USTC as the link to gather global innovation power, the Silicon Valley of USTC is a source of innovation and a cluster of emerging industries. It will focus on the transformation of innovative achievements, the incubation of innovative enterprises, and the optimization of innovation-ecology to play the leading role in scientific and technological innovation.
What are the advantages of building "Silicon Valley of USTC"? Xu Zhi, deputy director of the Anhui Provincial Development and Reform Commission, said that the USTC has an important influence at home and abroad, cultivated many talents with outstanding achievements in all walks of life, and has great potential in attracting capital and talents. Fu Yao, Deputy Secretary of the Party Committee of the USTC, said that the USTC will establish a "Science and Technology Business School" to cultivate professional talents for the "Silicon Valley of USTC." Besides, it will create two types of funds and launch three programs to provide innovation and start-up guidance for teachers and students. How to build it, and how is it laid out? ——"one core, two parks and one town." According to the "Plan," the "Silicon Valley of USTC" will initially plan to build a functional carrying area of "one core, two parks and one town," that is, a core area of "Silicon Valley of USTC," two parks in Shushan District and Hi-Tech Development Zone, and an "iFLYTEK Town". In the future, high-end industrial clusters and several specialized areas will be built in Hefei Canal New City, Economic Development Zone, Baohe District, and other regions.
What are the supporting policies? The "Plan" puts forward 22 valuable policies, including the transformation of scientific and technological achievements, talent incentives, investment, and financing. For example, researchers who put their scientific and technological achievements in the "Silicon Valley of USTC" will be rewarded according to specific standards; Subsidies will be given to high-end talents and urgently-needed talents who have been identified by certain procedures and work in the "Silicon Valley of USTC"; For fund companies that invest in start-ups and small companies or whose investment ratio reaches a certain standard, will receive incentives and subsidies. Vision The "Plan" proposes that by 2025, more than 100,000 outstanding talents of various types such as the alumni of USTC and talents from domestic and foreign universities will be gathered there; a multi-level fund system will be formed, and the fund scale will exceed 200 billion yuan (about 29.82 billion U.S. dollars); more than 10,000 scientific and technological innovation service institutions will be gathered there; 1,000 high-tech enterprises will be cultivated, and the number of listed companies and unicorn companies in the valley will reach 50. Reporterd by Wang Hongyi Translated by Zheng Chen
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