Page 126 - 2025 Special Report
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enhanced and will continue to accelerate the         Opinions on Promoting the High Qual-
           formation of an innovation-driven economic         ity Development of Specialized, Refined
           system and development model, with major           and New Enterprises in Guangdong
           innovation  indicators  reaching  international    Province  20
           advanced  levels  and  to  solidify  the  country’s
           leading position in science and technology           Main objectives by 2027:
           innovation. The GBA will be initially built up a
           center of science and technology innovation with     •    Cultivate  over  2,000  specialized,  refined
           global influence.                                  and innovative “little giants” enterprises and around
                                                              20,000 specialized, refined and innovative small and
             Main objectives:                                 medium-sized enterprises; promote the listing of
                                                              150 specialized, refined and innovative enterprises.
             •    The overall innovation capability will be
           significantly improved, with innovation capability   •    Achieve  an  overall  R&D  proportion  of
           continuing  to  be  the  first  in  the  country.  The   around 5% for specialized, refined and innovative
           average annual growth of R&D expenditure will      enterprises, continuously increase the proportion
           reach 10% and account for 3.5% of GDP. The         of national and provincial R&D institutions; achieve
           construction of the national science center in the   a coverage rate of 100% for R&D institutions at or
           GBA is basically completed.                        above the municipal level.

             •    The original innovation capability is         •    Significant  improvement  in  digitalization
           significantly  enhanced.  The  proportion  of  R&D   level and continuous improvement in quality brands.
           expenditure in basic research  will reach 10%;
           the number of high-value invention patents per       •    Accumulated cultivation of more than 15
           10,000 persons will reach 20 and the cumulative    national level characteristic industrial clusters of
           number of overseas authorized invention patents    small and medium-sized enterprises, 100 provincial
           will reach 80,000.                                 level characteristic industrial clusters of small and
                                                              medium-sized enterprises, around 200 public service
             •    The science and technology innovation       demonstration  platforms and  entrepreneurship
           system  will  be  increasingly  improved.  There  are   and innovation demonstration bases.
           new breakthroughs in the construction of national
           laboratories and technology innovation centers.      The Outline of the 14th Five-Year Plan (2021-
           The innovation capacity of enterprises will also be   2025) for Guangdong Tourism Industry 21
           improved and the proportion of R&D expenditure
           will take up 1.8% of the revenue.                    Overall requirements:


             •    The  efficiency  and  effectiveness  of       By  2025,  significant  progress  will  have  been
           innovation  will  be  significantly  improved.  The   made  in  the  construction  of  a  strong  tourism
           value-added of high-tech manufacturing industry    province, with ongoing enhancements in tourism
           will account for over 33% of that of the overall   development  and  the  establishment  of  a  more
           manufacturing industry. The annual technology      robust modern tourism system. Looking forward to
           contracts will reach RMB500 billion.               2035, to build a higher level of tourism powerhouse,
                                                              high-quality tourism supply system, service system
             •    The technology and innovation cooperation   and governance system will be basically formed,
           among the GBA will be further expanded and the     the comprehensive function of tourism will be fully
           Belt and Road Initiative will also achieve substantial   played, the  overall  strength and  competitiveness
           expansion. Five metropolitan areas  will enhance   will be greatly improved.
                                           19
           their innovation integration significantly.
                                                              20  Government site of Guangdong, http://www.gd.gov.
           19  Five metropolitan Area: Guangzhou, Shenzhen,   cn/zwgk/gongbao/2023/28/content/post_4267255.html
           the west bank of the Pearl River Estuary, Shanchaojie,   21  Government site of Guangdong, http://www.gd.gov.
           Zhanmao                                            cn/zwgk/gongbao/2023/2/content/post_4083103.html


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