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Taicang attracts innovative resources from Shanghai

chinadaily.com.cn | Updated: July 29, 2019

Taicang in Jiangsu province is aiming to build an innovation and entrepreneurship base integrating resources from the Yangtze River Delta region. [Photo provided to chinadaily.com.cn]

Taicang, a county-level city in Jiangsu province, is home to some of the brightest minds in technology and has been boosting the city's high-quality development with resources from Shanghai, local media reported on July 28.

"We are starting to deliver our fifth generation of robot arms to clients across the globe," said Zhang Jiaqi, a post-doctoral graduate from Shanghai Jiaotong University and now general manager of a Taicang-based startup whose products are well received in Germany.

Headquartered in Taicang University Science Park, Zhang's company is inspiring but his story is not unique.

Since 2012, Taicang University Science Park has attracted 42 high-end talents from Shanghai. Every week, elites from Shanghai's most prestigious universities will visit the park and help startups with technological difficulties.

To date, the park has registered 765 enterprises, about 400 of which came from Shanghai. Many of them moved their management bodies and production bases to Taicang, leaving only their front offices in Shanghai. Decision-makers of these enterprises favor Taicang mainly for its management costs, similar industrial structure to Shanghai, as well as the city's strategic partnerships with China's best universities.

Taicang University Science Park is building joint institutions with Shanghai's Fudan University and Tongji University. These facilities are expected to accelerate local industrial clustering around cutting-edge projects imported from Shanghai.