Innovating the Industrial Investment Mode of Science City with PPP Concept – TusCity Investment and Development Co., Ltd. Established in BeijingPrint

Post Time：2015-06-18来源：TusHoldings

On June 16, 2015, TusHoldings formally declared in Beijing the establishment of TusCity Investment and Development Co., Ltd. (hereinafter referred to as “TusCity Investment Company” for short), and held for the first time the “Seminar of Science City’s Industrial Investment Fund and PPP Mode” to make the best of the “two engines” of economic growth of PPP and “mass innovation and entrepreneurship” and to fully promote the setting and development of TusCities in the whole country. Mei Meng (director of TusPark Development Center and board chairman of TusHoldings), Wang Jiwu (president of TusHoldings), Li Zhiqiang (Party secretary of TusHoldings), directors and other senior managers of TusHoldings participated in this campaign. 

Leaders and representatives of Ministry of Science and Technology, Tsinghua University, Tsinghua Holdings, Management Committee of Zhongguancun, government of Miyun County of Beijing, government of Heping District of Shenyang, government of Jinshui District of Zhengzhou, government of Chenggong District of Kunming, Management Committee of Yinchuan Economic and Technological Development Area, China Aerospace Science and Technology Corporation, China Aerospace Science and Industry Corporation, CITIC Group, China Construction Group, and China Alliance of Global Satellite Services, and the like participated in this campaign. 

 “Establishment of TusCity Investment Company is an important action of TusHoldings in implementing the national strategy of quickening innovation driven development and promoting the great layout and development of TusHoldings,” said by Wang Jiwu, president of TusHoldings. He also expressed that: TusHoldings would make efforts to build technological innovation corridors of TusHoldings in such economic circles as the Yangtze River Delta, the Pearl River Delta, Beijing-Tianjin-Hebei, Chengdu-Chongqing-Kunming, Central China, Northeast Asia and the “Belt and Road”, and jointly promote local industrial transformation and upgrading and change in economic development mode with various levels of governments; it would build international incubation network base groups with such countries and regions as USA, Korea, Russia and Hong Kong, build strategic cooperation with universities and science and technology institutes in such countries as Pakistan, Australia, Britain, Mongolia and Egypt, and develop a worldwide technological innovation network of TusHoldings. TusCity Investment Company will play an important role in this process. 

In the future, TusCity Investment Company will persist in the development mode of “technology and cluster oriented industry, and professional and platform orientated services”, take the concept of “global vision, strategic thinking, financial concept, scientific and technological means, and service based manner”, take hi-tech industries such as new energy, energy saving and environmental protection, information technology, and education and training as the support, take financial capital as the link, take “research on innovation, services for entrepreneurship, space for makers, and operation of science parks” as the core, and build science and technology service platforms characterized by “government-enterprise cooperation, finance driving and resource gathering” based on the 21-year experience of TusPark in science park construction, operation and management. So far, many cities including Beijing, Shanghai, Chongqing, Guangzhou, Shenzhen, Nanjing, Hefei, Zhengzhou, Shenyang, Fuzhou, Kunming, Suzhou, Ningbo, Luoyang, and so on, have been covered by the territory of TusCity. 

At this meeting, TusCity Investment Company entered into cooperation agreements respectively with the government of Zhuozhou, the government of Heping District of Shenyang, Management Committee of Yinchuan Economic and Technological Development Area, and the government of Chenggong District of Kunming. They will strengthen cooperation in such fields as innovation and entrepreneurship service, import of high-tech industries, application of high-tech products, and building of mass-innovation spaces, and jointly promote the setting of TusCities in national strategic places such as Northeast Asia, Beijing-Tianjin-Hebei and “Belt and Road”. Meanwhile, TusCity Investment Company will: initiate close cooperation with enterprises subordinate to CITIC Group such as CITIC Bank, CITIC Trust, CITIC Construction and China Securities with respect to capital operation and project building; cooperate closely with China Alliance of Global Satellite Services and Beijing Satellite Plant of China Aerospace Science and Industry Corporation to introduce satellite service industry to each TusCity and provide preliminary service support and information guarantee for the implementation of the “Belt and Road” strategy; cooperate with Honeywell to jointly promote application of high-tech products; cooperate with Hongtai Innovation Space and Idea Times to jointly build up the mass-innovation space of TusHoldings.  

After that, Mei Meng, director of TusPark Development Center and board chairman of TusHoldings, chaired the  “Seminar of Science City’s Industrial Investment Fund and PPP Mode”, at which Cao Yuzhong (director of Industrial Development Section of New Hi-tech Department of Ministry of Science and Technology), Bo Weikang (deputy general manager of CITIC Trust), Yang Shan (deputy magistrate of Miyun County of Beijing), Zhang Mingjie (executive deputy mayor of Zhuozhou), and other participants discussed about “how to promote development and operation of science and technology parks and incubate innovative and startup enterprises relying on PPP Mode and using financial innovation concepts” and other topics.   

It was proposed in the document numbered GBF [2015] No. 42 jointly issued by General Office of the State Council, Ministry of Finance, National Development and Reform Commission and the People’s Bank of China on May 19 this year that PPP and “mass innovation and entrepreneurship” would be listed as “the two engines” of economic growth. So far, TusHoldings has established science city industrial investment funds together with local government, high-value partners in construction chain, upstream and downstream enterprises in regional industrial chain and mainstream large-scale capitals using innovatively the PPP concept in the projects in some provinces and cities to promote the science and technology oriented and industrialized development by virtue of finance and to facilitate cluster type development of local high-tech industries.