Chengdu Hi-tech Zone signed a cooperation agreement with Amazon Web Services 
(Beijing) Co., Ltd. on July 10. The joint innovation center project undertaken 
by both of them will be carried out in Chengdu Hi-tech Zone.

Amazon introduced cloud computing services ("AWS") in 2006, AWS provides over 
165 full-featured services to customers, which contain but are not limited to 
artificial intelligence, virtual reality and augmented reality through 21 
geographic areas in U.S. Australia, Brazil, Canada, China, France, Germany, 
India, Ireland, Japan, South Korea, Singapore, Sweden and the U.K. as well as 
66 available zones (AZ).

Located in Chengdu Hi-tech Zone, China-European Center and AI Innovation 
Center, and the China Chengdu-Amazon AWS Joint Innovation Center plan to 
establish an accelerator, incubator, international maker space, will attract 
global leading enterprises, start-ups and industrial talents of the fields of 
AI, biological medicine and financial technology to settle in one of the 
world's leading cloud computing service areas to promote the industrial 
innovation and economic upgrade in Chengdu Hi-tech Zone and Western China.


As the first national independent innovation demonstration zone in Western 
China, the 2018 GDP of Chengdu Hi-tech Zone reached RMB 187.778 billion, with 
the year-on-year growth of 9.6%. Its total export-import volume surpassed RMB 
300 billion for the first time and Chengdu Hi-tech Comprehensive Bonded Zone 
surpassed all other comprehensive bonded zones throughout the country and 
leaped to first in the total export-import volume. In addition, 93 incubators 
and maker spaces were established with the total area exceeding 4,300,000 
square meters. 

Chengdu Hi-tech Zone launched the enterprise gradient cultivation plan this 
year, published the list of first batch gradient cultivation enterprises and 
incubation carriers which are 420 and 52 in number respectively and cashed the 
support funds of RMB 65.16 million, the support funds for enterprises would be 
expected to exceed RMB 200 million.


Chengdu Hi-tech Zone will support the Project in the fields of industry, 
technology, talents and training by creating an international business 
environment to attract various talents. The project will incubate 500 domestic 
and overseas start-ups and complete upgrade acceleration of 120 enterprises 
within 5 years, which include cultivating 20-30 gazelle companies and 2-3 
unicorn or quasi-unicorn companies, to assist in the establishment of a 
high-quality development demonstration zone and world-class hi-tech park in 
Chengdu Hi-tech Zone.

SOURCE: Chengdu Hi-tech Industrial Development Zone