The Department of Science and Technology of Hubei province coordinated with the Hubei Academy of Scientific and Technical Information to issue the 2021 Hubei provincial top 100 high-tech enterprise list. Seven firms based in the Wuhan Economic & Technological Development Zone made the list, including Midea Group Wuhan Refrigeration Equipment Co, ECARX Intelligence Technology Co, and Wuhan Construction Engineering Group Co.
The top 100 high-tech companies are selected to encourage enterprises to adopt an innovation-driven development model. Firms are evaluated according to 15 specific indicators related to investments in innovation, innovative output and innovative potentials.
Based on policies such as the "33 Measures to Promote Innovation, Entrepreneurship" and "Eight Measures for Intelligent Property Rights Protection", the zone has recognized 282 new high-tech firms, bringing the total number of such firms to 550, ranking third in Wuhan.
The precision blasting laboratory owned by Jianghan University last year became the first national major lab in the zone. Meanwhile, Zhuhai GREE Intelligent Equipment Co, Zhixin Semiconductor Co and four other companies have been recognized as provincial corporate technological centers.
In addition, WEDZ introduced one provincial and six municipal incubators last year.
