Capital plans to develop modern service sector via pilot schemes
Beijing is integrating the modern service sector with advanced manufacturing to promote high-quality development of its economy.
According to a development plan for its modern service industry released on Nov 18, the city is to approve 100 pilot companies and 20 related pilot industrial parks during the 14th Five-Year Plan period (202125).
Beijing is enhancing innovation capacity in the manufacturing industry and expanding the sci-tech innovation service chain. It boosts professionalism and the digitization of business consultancy, expedites innovative development of industrial design and advances the profound integration of industrial and innovative chains, the plan said.
The city is planning to develop several comprehensive service platforms involving consultancy, management improvement, solution innovation and the enhancement of digital capacity. It will foster a slew of leading companies, which boast distinctive features and outstanding strengths, in the manufacturing service sector, policymakers said.
Beijing supports small and medium-sized enterprises to cooperate with leading companies via methods such as fund injection for their digitized upgrading.
The city also supports the establishment of public promotion centers for digital transformation in key functional areas, scientific and technological parks, and related public services including finance.
Some entities in Beijing have been approved as national pilots for the integration of the modern service sector and advanced manufacturing since 2020.
Among them are CRSC Research and Design Institute Group, China Bio-Medicine Park in Daxing district, Foton Motor Group and GRINM Group.
CRSC Research and Design, a subsidiary of China Railway Signal and Communication, is developing control technology for rail transit. It was approved as a national pilot organization for the integration of advanced manufacturing and modern services by the National Development and Reform Commission in 2021.
It signified what CRSC Research and Design had achieved in helping the collaborative development of upstream and downstream industries, insiders said.
An executive said the company planned to mainly develop four platforms for the integration of the modern service sector and advanced manufacturing.
China Bio-Medicine Park saw more than 5,000 businesses registered by Nov 18, 2021. It aims to develop a cutting-edge biopharmaceutical industry, help vaccine companies to grow and promote medical instruments to become more digitalized, intelligent and convenient.
Based on medicine examination platforms in the center, it offers companies services related to research and development.