Speeding up the development of the G60 Science and Technology Innovation Corridor, a regional initiative aimed at boosting high-tech development, has been included in China’s 14th Five-Year Plan (2021-25), Anhui Daily reported on Thursday.
In the fourth section of Chapter 31 of the plan Promoting the integrated development of the Yangtze River Delta region, it is clearly stated that----
Aim at internationally advanced sci-tech innovation capability and industrial systems, accelerate the building of the G60 Science and Technology Innovation Corridor in the Yangtze River Delta and the Shanghai-Nanjing Industrial Innovation Belt, and raise the Delta region’ s capacity to allocate global resources and drive national development.
Consisting of nine cities in the region, the G60 Science and Technology Innovation Corridor contributed to nearly 25 percent of the region's total GDP and about 33 percent of its fiscal revenue in 2020.
Market entities in the corridor made up more than 25 percent of the regional total, and high-tech enterprises almost 33 percent.
The corridor’s being incorporated into the 14th Five-Year Plan (2021-25) will create major opportunities for its development, the report said, citing a relevant official.
The nine cities in the corridor will strengthen strategic science and technology and make industrial and supply chains more self-supporting and their risks better controlled, the official said.
The G60 corridor consists of Shanghai, Zhejiang’s Jiaxing, Hangzhou, Jinhua and Huzhou, Suzhou in Jiangsu, and Anhui’s Xuancheng, Wuhu and Hefei.