Core Insights - The Jiangsu Province is focusing on building a globally influential industrial technology innovation center through a ten-year action plan aimed at doubling the modern high-tech service industry, emphasizing six key areas: research and development, entrepreneurial incubation, digital industries, biotechnology, green energy and carbon reduction, and technology finance [1][2] Group 1: Industry Growth and Performance - The revenue of the province's scientific research and technical service industry has shown steady growth, with a year-on-year increase of 9.3% from January to August this year, ranking among the top in the country [1] - The province aims to enhance the quality and scale of high-tech service entities, with the first national regional technology transfer center established in Jiangsu, collecting over 500 enterprise technology demands [5] Group 2: Policy and Support Measures - Jiangsu has implemented 14 specific measures to support the development of the modern high-tech service industry, including optimizing technology platform support and incubating new business models [2] - The province has introduced policies to support high-tech enterprises in the technology service industry through loan interest subsidies and innovation vouchers, benefiting approximately 1,000 enterprises in 2024 [2] Group 3: Innovation and Research Platforms - Jiangsu is enhancing platform construction to gather innovation resources and break through key technologies, with significant advancements in various laboratories focusing on critical technologies such as 6G wireless networks [3] - The province is establishing a high-level new research and development institution system, aiming to build 10 leading, 30 benchmark, and 50 growing institutions [3] Group 4: Technology Transfer and Collaboration - The province has successfully held three consecutive industry-academia-research cooperation conferences, facilitating over 13,000 collaborations and creating a significant platform for technology and industry integration [4] - Jiangsu has revised regulations to improve the technology transfer system and launched a digital technology platform to match supply and demand effectively [4] Group 5: Financial Support and Development - Jiangsu is deepening the integration of technology and finance, with a planned issuance of 300 billion yuan in special loans for the technology sector in 2025 [7] - The province has introduced over 200 specialized financial products for technology enterprises and has facilitated credit loans totaling 117.6 billion yuan for more than 11,000 companies [8] Group 6: Future Development Plans - The Jiangsu Provincial Science and Technology Department plans to accelerate the high-quality development of the technology service industry, focusing on enhancing service capabilities and promoting the comprehensive development of various sectors [8]

Core Points - Jiangsu Province has issued the "Implementation Opinions on Promoting Collaborative Innovation Development between High-tech Zones and Higher Education Institutions" to create a deep integration system of technological and industrial innovation unique to Jiangsu [1] - The goal is to achieve full coverage of the "dual high collaboration" model by 2027, focusing on the collaboration between technology enterprises and innovation teams from universities [1][2] - The plan includes establishing over 80 innovation platforms and training more than 2,000 graduate students, with a target to double the patent technology conversion rate and increase conversion contract payments by over 30% [1][2] Summary by Sections Implementation Phases - The "dual high collaboration" will be implemented in two phases: a pilot phase from 2025 to 2026 and a comprehensive coverage phase in 2027 [2] - During the pilot phase, 1-2 high-tech zones and universities in each district will be selected to explore a "five-in-one" integration development system [2] Major Tasks - The implementation includes six major tasks: promoting the transformation of high-tech zones, advancing comprehensive reforms in higher education, tackling key core technology challenges, enhancing high-level technology achievement conversion, deepening talent cultivation through industry-education integration, and promoting resource sharing [2][3] Support Measures - Jiangsu Province will introduce various measures to support the pilot high-tech zones and universities, including the establishment of innovation platforms and funding for key technology projects [3] - The province will prioritize the recommendation of pilot projects for national-level major innovation platforms and support the establishment of high-value patent cultivation centers [3] Pilot Units - Recently, 18 high-tech zones and 37 higher education institutions have been designated as pilot units for the "dual high collaboration" initiative [4]

Core Insights - The Suzhou Free Trade Zone (FTZ) ranks 10th in the "2024-2025 China Free Trade Zone Institutional Innovation Index," improving by 3 positions and leading the fifth batch of approved FTZs [1] - The index has been published for ten consecutive years, providing constructive opinions and suggestions for the implementation and innovation of FTZ institutional innovation policies [1] - A total of 57 zones were evaluated, with Suzhou FTZ ranking in the top ten across multiple dimensions, including 6th in financial innovation [1] Group 1: Institutional Innovation - Suzhou FTZ has established 240 innovative institutional achievements, with 13 replicated nationwide and 59 replicated within the province [1] - The FTZ focuses on institutional innovation as its core task, becoming one of the most active zones in terms of institutional innovation, with a strong open environment and industrial advantages [1] Group 2: High-Level Opening and Digital Trade - In the past year, Suzhou FTZ has advanced high-level opening through multidimensional breakthroughs, including the establishment of the "Suzhou International Data Port" [2] - The FTZ is exploring digital trade cooperation under the DEPA framework and has developed a three-year action plan for high-quality digital trade development [2] - It has implemented a pilot for a joint regulatory mechanism for inbound special goods, establishing the first cross-province air freight station in the country [2] Group 3: Financial Innovation - Suzhou FTZ has created a vibrant financial innovation atmosphere, with five pilot projects for capital account foreign exchange business supported by the State Administration of Foreign Exchange [3] - The FTZ has successfully launched various financial products, including the first knowledge property pledge dual-innovation bond in the country [3] - It focuses on strategic emerging industries like biomedicine and artificial intelligence, establishing collaborative innovation platforms [3] Group 4: Business Environment - Suzhou FTZ is committed to creating a market-oriented, law-based, and international business environment [4] - The FTZ has implemented a "one-stop" service model for first-store companies, significantly speeding up the establishment and licensing processes [4] - It has launched 96 efficient service initiatives and established a comprehensive online platform for international commercial dispute resolution [4]

Group 1: Industrial and Economic Development - The park has implemented a series of initiatives to enhance its role in economic stability and development, focusing on industrial growth, foreign trade, and project advancement [1] - Specific measures include supporting enterprises in equipment upgrades and technological transformations, promoting cross-border e-commerce, and expanding global investment networks [1] - The park aims to activate new growth drivers for high-quality development by enhancing support for industrial sectors and optimizing the business environment [1][6] Group 2: Innovation and Technology Transfer - The establishment of the National University Biomedicine Regional Technology Transfer Center in Suzhou aims to facilitate the transformation of laboratory results into practical applications through collaboration between universities and enterprises [2] - A significant milestone was achieved with the signing of a patent transfer agreement worth 50 million yuan between Suzhou Yuanju Medical Technology Co., Ltd. and Nanjing Medical University [2][3] - The center promotes a dual-direction approach to innovation, ensuring that both laboratory innovations and enterprise needs are addressed [2][3] Group 3: Infrastructure and Logistics - The park has launched China's first cross-provincial and cross-border air freight station, which has significantly reduced logistics costs for local enterprises by up to 30% [5] - Since its opening, the station has facilitated the export of over 35 tons of goods valued at more than 3 million USD, showcasing its operational success [5] - The station represents a collaborative effort among various stakeholders, enhancing regulatory coordination and operational efficiency [5][6] Group 4: Urban Development and Quality of Life - The park is focused on creating a new urban center in Suzhou, enhancing city infrastructure and promoting a balanced development of material and spiritual civilization [8] - Initiatives include the construction of significant projects like the Suzhou Contemporary Art Museum and the development of urban green spaces to improve residents' quality of life [7][8] - The park is committed to social welfare improvements, including employment support for graduates and enhancing healthcare services [9] Group 5: Governance and Community Engagement - The park is implementing a three-year action plan to strengthen grassroots governance and enhance community services [9] - Digital technologies are being utilized to modernize governance capabilities, including platforms for public feedback and community safety [9] - The park aims to create an inclusive environment that addresses the needs of various demographic groups, ensuring comprehensive social support [9]

Core Viewpoint - The launch of "Yuan Yan Bao," a comprehensive risk insurance for the entire process of technology achievement transformation, in Suzhou Industrial Park addresses the challenges faced in the transformation of scientific research results into practical applications, providing a solid backing for innovation entities to transition from "laboratory" to "production line" [1][2]. Group 1: Insurance Features - "Yuan Yan Bao" introduces a four-fold comprehensive insurance model, including insurance for transformation cost losses, patent infringement losses, patent execution, and patent licensing credit, aimed at alleviating the reluctance and fear associated with technology transformation [1]. - The insurance for transformation cost losses provides risk coverage for failures in technology transformation, while the patent infringement loss insurance and patent execution insurance cover potential losses from patent infringements [1]. - Patent licensing credit insurance protects against overdue receivables from patent licensing or transfer, and infringement liability insurance covers unintentional infringement of other entities' patents by entrepreneurs [1]. Group 2: Risk Service Model - The insurance is a collaboration between the Suzhou Biomedicine Sub-center and PICC Suzhou Branch, featuring a "pay after use" pilot program and a three-in-one risk service model that includes pre-transaction verification, process management, and loss assessment [2]. - Pre-transaction verification is conducted by the Yangtze River Delta Technology Element Trading Center to ensure compliance for both parties in the contract, while process management involves tracking the progress of technology transformation projects [2]. - In case of transformation failure, a professional institution with judicial appraisal qualifications will conduct loss assessment, allowing for risk transfer for universities and entrepreneurs [2]. Group 3: Institutional Support - The Suzhou Biomedicine Sub-center, established by the Ministry of Education and Jiangsu Province, aims to continuously connect with universities to gather technology achievements and create a "pay after use" patent achievement database [3]. - The center leverages "Yuan Yan Bao" to provide comprehensive risk protection for both supply and demand sides in technology transformation, facilitating the transition of multiple technology achievements from "shelves" to "market" [3].