In 2022, the number of new technology-based enterprises in Xixian New Area was 
1.8 times that of last year, of which the number of new enterprises developed 
based on sci-tech achievements was 2.5 times that of 2021. The new area 
identified 490 high-tech enterprises, 2.2 times that of the previous year, 
according to Xixian New Area Administrative Committee.

Meanwhile, 18 Fortune 500 companies and 24 top-performing Chinese firms settled 
in the new area, which saw its industrial investment, gross industrial output 
of large enterprises and the output of high-tech industries grew by 81.6 
percent, 20.4 percent and 23.1 percent respectively.

Behind these impressive development figures are the efforts made by Xixian New 
Area to incubate, attract and retain enterprises.

In order to give full play to the industrial cluster effect, Xixian New Area 
has set up an industrial belt and ten industrial parks, established 12 key 
industrial chains such as photovoltaic, hydrogen energy and computer numerical 
control machine tools, and initially formed modern industrial clusters 
involving solar energy, hydrogen energy, artificial intelligence and 
construction machinery.

In January this year, Chinese solar energy giant LONGi Green Energy Technology 
Co., Ltd. settled a project with an annual output of 100GW monocrystalline 
silicon wafers and 50GW monocrystalline batteries in Qinchuangyuan. The 
45.2-billion-yuan industrial project is another move following LONGi's 
investment of 32.8 billion yuan in Xixian New Area, where the photovoltaic 
industry base with the largest production capacity in the world will be built.

To provide strong human resources support for enterprise development, Xixian 
New Area established a talent market and started the construction of Xi'an 
International Talent Port in an all-round way. At present, 253 high-level 
professionals have been introduced and 22,147 innovative and entrepreneurial 
professionals are based in the incubator.

In addition, Xixian New Area has also made bold explorations in financial 
empowerment for technological innovation. In February this year, Qinchuangyuan 
Capital Market opened, creating a one-stop full-cycle financial service 
platform featuring both online and offline access for enterprises.

The new area is building on the strong development momentum to leverage 
Qinchuangyuan's roles to promote Shaanxi's high-quality growth. On March 14, 
the local government unveiled a three-year action plan to beef up 
Qinchuanyuan's innovation-empowerment functions, aiming to turn the incubator 
into a major platform for the province's deep integration of innovation and 
industrial chains, a breeding hub for sci-tech firms and a top destination for 
talent inflow.

In an enterprise located in Xixian New Area, west China's Shaanxi Province, 
several automatic laser resistance trimmers are producing thin film platinum 
resistance cores at full speed. 

These tiny parts, seemingly inconspicuous, have addressed one major technical 
bottleneck facing the Chinese sensor sector, and reduced the original 
category's production cost by 20 percent.

This is China's first automatic production line covering temperature sensitive 
chips of normal temperature, ultra-low temperature and ultra-high temperature 
thin films. It belongs to start-up Xi'an Sensecraft Technology Co., Ltd., and 
is a landmark achievement of Shaanxi in promoting the deep integration of 
innovation chain and industrial chain.

In March 2022, Sensecraft settled in Qinchuangyuan, which is mainly located in 
Xixian New Area. Committed to creating an innovative highland in west China, 
Qinchuangyuan is the general platform facilitating innovation-driven 
development in the western province.

With the help of the incubator, the enterprise started office and production 
site decoration and moved in equipment in July, and in November, the first 
automatic production line kicked off production, with the first batch of thin 
film platinum resistance sensors delivered one month later, making an 
impressive smooth and fast realization of turning technological resources into 
concrete products.

"Since our settlement here, the Qinchuangyuan incubator has provided us with a 
string of preferential policy support such as free rent for plants and free 
training in financial management, project declaration, construction and 
application of intellectual property rights. These supportive policies have put 
us on a fast track of development," said Luo Yan, general manager with 
Sensecraft and associate professor with the School of Mechanical Engineering of 
Northwestern Polytechnical University.

The galloping development of Sensecraft is a microcosm of the accelerated 
gathering of sci-tech innovation resources, the multiplication of sci-tech 
projects and enterprises, and the breakthrough in cooperation between cities in 
Xixian New Area in recent years.

Looking forward, Xixian New Area will establish a channel facilitating the flow 
of sci-tech resources within and outside the province, and lay out investment 
promotion and innovation service centers in areas rich in innovation resources 
such as Beijing-Tianjin-Hebei area, the Yangtze River Delta and the Pearl River 
Delta, so as to attract new R&D institutions, innovative incubators and 
sci-tech service institutions in advanced areas to settle in Xixian, according 
to Yang Renhua, top official in the new area.

"We will also build an international innovation network and an information 
service platform for international cooperation, attract the developers of 
world-class foreign science parks to build international science parks in 
Xixian New Area, and help enterprises go global and introduce new investment," 
Yang added.

Source: Xixian New Area Administrative Committee