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Innovation drives economic growth

By Han Tianyang | China Daily | Updated: 2013-09-12 07:55

Industrial alliances, new financing models help enterprises to thrive

A national innovation demonstration zone, Haidian Science Park in Beijing has been China's leading incubator of high-tech industries since it was founded in 1988.

Currently, the Haidian district hosts about 4,400 national-level high-tech enterprises, which account for one-tenth of the country's total.

Innovation drives economic growth

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