Beijing Aims to Incubate 3,000 Tech Firms by 2027

Deep News
Yesterday

At a press conference held by the Beijing Municipal Government on the "Action Plan for Promoting the Commercialization of Scientific and Technological Achievements (2025-2027)," officials announced that by 2027, the city will establish a highly efficient and dynamic system for transforming research into marketable products. The plan targets the creation of 1,000 collaborative platforms, 5,000 technology development projects, and the incubation of 3,000 tech firms—including 600 specialized and innovative enterprises—while commercializing major scientific breakthroughs that align with national strategic needs and Beijing’s socio-economic development goals.

Key initiatives include deepening policy reforms for tech transfer, such as rights assignment for job-related achievements and separate management mechanisms. The city will also encourage R&D institutions to refine incentive structures and profit-sharing models while fostering top-tier technology transfer agencies. A new R&D model will involve enterprises posing challenges, research units solving them, and joint efforts to overcome technical barriers. Collaborative platforms, including joint labs and research centers, will be established, with support for startups emerging from tech commercialization. Leading tech firms will further empower this ecosystem through increased M&A activity and open application scenarios.

To enhance service mechanisms, Beijing will synchronize municipal and district-level resource matching, reform industrial park systems, and explore early-stage funding models. Market vitality will be stimulated by upgrading validation, pilot production, and incubation platforms, alongside cultivating high-quality service providers and building a financial support system for tech transfer—prioritizing early-stage, long-term, and hard-tech investments.

Additionally, the Zhongguancun International Technology Exchange Center will serve as a one-stop hub for commercialization. Regional tech transfer centers will expand in Haidian, Fangshan, and Changping districts, while cross-border collaboration with Tianjin and Hebei will intensify. Global technology transfer partnerships will also be strengthened.

Universities are set to play a pivotal role, with faculty and students encouraged to co-create ventures. In 2023 alone, capital universities commercialized 30,332 projects via licensing, consulting, or equity investments, generating ¥20.19 billion in contracts—a 15% annual growth. Entities like Zhongguancun Development Group have partnered with 58 institutions, screening 1,200 projects and investing in 179.

In healthcare, ¥200 million has been allocated to 25 hospitals for 30 clinical studies targeting 12 major diseases. Reforms will accelerate data utilization and prioritize hospital adoption of innovative products.

Haidian District reported progress, with six concept-validation centers completing 65 transfers and spawning 44 companies. The district hosts 193 incubators spanning over 1 million square meters, aiming to bridge lab innovations with mass production.

Separately, NIO Inc. (NIO-SW) launched its Northern Innovation Center in Beijing’s Future Science City, featuring its largest regional showroom and delivery hub. The 13,000-sqm facility includes a fourth-gen battery swap station and 640kW ultra-fast chargers. NIO co-founder Qin Lihong marked the 300,000th delivery of its ES6 model—China’s top-selling premium electric SUV above ¥300,000—reinforcing the "Energy Valley" cluster’s growth.

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