The Zhongguancun Xiangjun Entrepreneurship Park, a joint effort of Beijing (Haidian) Overseas Students Pioneer Park and Changsha High-tech Industrial Development Zone, was launched in Changsha, capital of Hunan province, on Nov 10.

The Zhongguancun Xiangjun Entrepreneurship Park is launched in Changsha, capital of Hunan province, on Nov 10. [Photo/zhsp.gov.cn]

The Zhongguancun Xiangjun Entrepreneurship Park was established to provide a fast lane for companies and projects in Beijing and Changsha. The park will serve as a base for Hunan entrepreneurs who invest in their hometown or start business there, an accelerator for Beijing's Hunan companies, and a service base for Zhongguancun youth startups who invest in Changsha High-tech Industrial Development Zone.

Zhao Xinliang, director of Beijing (Haidian) Overseas Students Pioneer Park, said that the park is willing to play its core strengths of Zhongguancun's brand, platform, industry, talent, technology and capital. It will carry out all-round strategic cooperation with Changsha High-tech Industrial Development Zone with emerging industries as the core cooperation area and jointly build Zhongguancun Xiangjun Entrepreneurship Park into a high-tech and open platform.

Zhao Xinliang, director of Beijing (Haidian) Overseas Students Pioneer Park, delivers a speech during the launching ceremony. [Photo/zhsp.gov.cn]

The Zhongguancun Xiangjun Entrepreneurship Park, located at the Changsha High-tech Industrial Development Zone, will support its companies with rent-free, refundable tax, entrepreneurship investment and policies services. Until now, some 22 companies settled in the park.

Beijing (Haidian) Overseas Students Pioneer Park has set up original bases and incubations in more than 10 cities across the city, including Nanjing, Chengdu and Shijiazhuang, to provide scientific and technologic service for startups and cultivate leading talents.

Zhao Xinliang, director of Beijing (Haidian) Overseas Students Pioneer Park, delivers a speech during the launching ceremony. [Photo/zhsp.gov.cn]