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Innovative projects investing in future at Xiamen Torch Development Zone

By YUAN SHENGGAO | China Daily | Updated: 2022-07-14


The Torch Xinke Plaza is home to a slew of high-tech businesses. CHINA DAILY 

As one of the three national-level high-tech zones named Torch, the development zone comprises Torch (Huli) Park; Xiamen Hi-Tech Innovation Center; Xiamen Software Park; Xiamen Technology Innovation Park; TongXiang High-Tech Industrial Bases; Beijing University Biological Park; and Torch (Xiang'an) Industrial Area.

The zone has been granted 18 national honors and is home to more than 15,000 businesses. The more than 1,200 high-tech enterprises there account for nearly 50 percent of Xiamen's total. It has built more than 100 innovation platforms, with five national-level incubators and 24 nationally registered maker spaces.

Using the establishment of the alumni alliance, the development zone is dedicated to developing the alumni economy and attracting businesses. It has planned Xiamen Software Park, Xiamen Hi-Tech Innovation Center and TongXiang Hi-Tech Industrial Bases as major areas for boosting the alumni economy, and promoting innovation and entrepreneurship.

The zone's officials have planned a group of alumni projects and conducted inspection tours to such enterprises to learn about their difficulties and requirements.

"The administrative committee of the zone is always helpful and effective whatever the difficulties we ask about," Pan said.

To attract more alumni projects, the zone has gone the extra mile to ensure project implementation such as planning land use for industries and constructing rooms for business investment.

EpiWorld International, a major manufacturer of silicon wafers, is a business run by alumni from Xiamen University and has been in the zone for 12 years.

According to the company, it completed the second phase of its building project in June and plans to start the third phase this year.

The second phase is a factory and supporting facilities for the production of 6-inch silicon carbide epitaxial wafers. It has an annual production capacity of up to 200,000 wafers and is expected to reach an output value of 1.1 billion yuan this year.

"Thanks to the support of the zone and relevant departments, the project was completed as scheduled despite the effects of the COVID-19 pandemic. This is essential to the company's development," said a manager of EpiWorld.

Other alumni enterprises including delivery robot manufacturer StarSpeed Store and spectroscopy solution provider Optosky, which have both seen burgeoning development in the zone, are playing significant roles in the zone's industry ecosystem.

After 30 years of development, the zone has formed an incubation system covering business startups, industrial incubation and acceleration and industrial parks. It is part of its efforts to provide businesses with tailor-made services for innovation or entrepreneurship.

The zone will continue to take advantage of the alumni economy to promote a shared development between such enterprises and the zone through a series of practical measures, said an official of the administrative committee.

Guan Xuan, Liu Qing and Li Shun contributed to this story.

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