October 31 - November 2, 2019
ABOUTJinan – “City of Springs” Known throughout China as the “City of Springs” for its dozens of natural artesian springs, Jinan has been an important industrial city since the early 1900s. Over the past 35 years, it grew into a metropolis of more than 7 million people, using the traditional template of low-cost labor, high investment, and intense use of natural resources. Home to such giant state-owned companies as Jinan Steel, Jinan Heavy Truck, and Shanshui Cement, Jinan became a regional center of heavy industry.
Over the past decade, the Jinan city government has set out to nudge its economy toward cleaner, higher-value-added industries and to become Shandong province’s finance, technology, and innovation center. In 2012, for example, Jinan was allowed to open a free-trade zone; its specialties include logistics, integrated circuits, and advanced manufacturing.
In recent years, developing the life science industry has become one of the top-priorities of the municipality of Jinan, thus making this industry the focus of the 2019 InnoSTARS Jinan Industry Final competition. Making headway in this area is Jinan Life Science city, which has a total planning area of 54 square kilometers and more than 1,700 companies. The value of the biomedical industry in Jinan has reached 40 billion RMB in 2017. The target is to build a domestically top level and world-famous life science city and industrial cluster with a producing value of hundred billion RMB.
INDUSTRIES OF FOCUS
Medical Device, Digital Health and diagnosis