Fri/Sat/Sun October 13~15, 2017 economy i 05

THE gross domestic product generated in the Futian Central Business District (CBD) in Shenzhen came out on top among CBDs in China in 2015, followed by the Tianhe CBD in Guangzhou and Beijing’s CBD, according to a report on China’s CBD development (2016-2017) released by the Institute for Urban and Environment Studies of the Chinese Academy of Social Sciences and China Social Science Academic Press.

Meanwhile, the Futian CBD’s tax contribution also ranked the highest in the country. The report carried out quantitative and qualitative evaluation based on the data of the 20-plus CBDs in the China CBD Alliance, focusing on fi ve aspects including economy, industry, intelligence, innovation and openness.

In terms of economic scale in 2015, the Futian CBD, Tianhe CBD and Beijing’s CBD occupied top three spots, with the gross domestic product of each exceeding 100 billion yuan (US$151.9 billion).

Wuhan’s CBD, the Hexi CBD in Tianjin, the Wulin CBD in Hangzhou, the Jing’an CBD in Shanghai and the Renminlu CBD in Dalian followed closely.

The Futian CBD covers an area of 6.07 square kilometers, the smallest surface area among the CBDs in Beijing, Shang-hai, Guangzhou and Shenzhen. The gross domestic product of the Futian CBD in 2015 reached 262.2 billion yuan, accounting for 14.98 percent of Shenzhen’s total.

The Futian CBD’s total tax contri-bution in 2015 reached 111.1 billion

yuan, topping other CBDs in China. Beijing’s CBD, the Tianhe CBD and the Jing’an CBD also stood out in tax contributions with each exceeding 25 billion yuan.

In terms of economic intensity, com-mercial buildings have become the core carrier for economic growth thanks to

their high economic density, high added value and great tax contribution.

In 2015, the Furong CBD in Changsha, Beijing’s CBD, the Futian CBD, the Hexi CBD, the Renminlu CBD, the Wulin CBD and the Tianhe CBD are all home to over 100 commercial buildings.

A large number of commercial build-

ings contributed more than one hun-dred million yuan in taxes, with some even contributing one billion yuan in taxes. Again, the Futian CBD ranked No.1 in terms of quantity of commercial buildings, its 69 commercial buildings contributing more than one hundred million yuan in taxes. (Chen Xiaochun)

Futian CBD leads nation in gross domestic product

A bird’s eye view of the Futian Central Business District (CBD). The gross domestic product generated in the Futian CBD in Shenzhen came in fi rst among CBDs in China in 2015. Futian CBD ranked No.1 in terms of the number of commercial buildings, its 69 commercial buildings contributing more than one hundred million yuan in taxes. Qiao Zhou

THE unveiling ceremony of Shenzhen’s IPR (intellectual property rights) town was held at Shenzhen Special Zone Press Tower on Sept. 12, making Shenzhen the fi rst city in China to put an IPR town into operation.

Jointly founded by the Shenzhen Press Group and Shenzhen Zhongyi Patent and Trademark Offi ce, the IPR town, which will be settled in Futian-based Baochun Building, aims to take advantage of Shenzhen’s maturing market, industrial clusters, professional IPR expertise and fi nancial capital so as to build China’s fi rst full-fl edged IPR service system featuring full sections, complete chains and high quality.

According to Zhang Quanwen, chair-

man of Shenzhen Zhongyi Patent and Trademark Offi ce, once the project is put into operation, operators will design the Baochun Building according to a modern and rational angle. The build-ing is expected to begin a trial operation period in the middle of 2018 and start offi cial service at the end of 2018.

The IPR town is positioned to become an “aircraft carrier” in the intellectual property rights sector, fulfi lling the role of integrating service institutions and standardizing service behaviors so as to become a comprehensive supplier for the interpretation and service scheme of intellectual property rights.

Xie Hong, vice head of Guangdong Intellectual Property Offi ce, said that

the establishment of the IPR town is a huge milestone for the IPR sector in Guangdong. As a landmark project of Shenzhen, a recognized national intel-lectual property rights demonstration city, the IPR town will surely advance IPR development for the entire region.

Zhang said that the IPR town will also ensure that Shenzhen’s capability in intellectual property rights service matches companies’ needs for innova-tive development. It will accelerate the deep integration of intellectual property and industries, science and technology and economy. It will play the role of intellectual property rights services in supporting science, technology, innova-tion and economic growth. (Yang Mei)

China’s fi rst IPR town settled in Futian

FUTIAN has recently joined hands with well-known domestic venture capital fi rms to set up special funds for the fi n-tech industry with a value of no less than 10 billion yuan (US$1.5 billion).

It was a move of the district’s govern-ment to stimulate the fi nancial vitality in Futian and boost the development of the fi nance and technology sectors.

In addition, the funds were intended to enhance the development of fi ntech incubators, explore the establishment of overseas mergers and acquisition funds and to build an offshore fi ntech informa-tion platform.

Seven fi rms participated in the roadshows, illustrating project features, prospects, profi t

models and fi nancing requirements. Several online platforms also livestreamed the event to more than 3,200 investment institutions and 8,000 investors.

All sub-funds in cooperation with the Futian Guiding Fund, an investment company supported by the district’s gov-ernment, were invited to take part in the event. It was designed to strengthen the role that the government guiding fund plays in regional industry upgrading, to build a bridge between these funds and fi nancial and technological companies, as well as to provide opportunities for startups to have further contact with venture capital fi rms.

As of now, the Futian Guiding Fund

has established cooperation by setting up sub-funds with more than 40 well known venture capital fi rms, including Shenzhen Capital Group Co., Fortune Capital, Hony Capital and Qianhai FOF, and has formed a long-term stra-tegic partnership in raising capital and upgrading the industry.

In cooperation with the sub-funds, the Futian Guiding Fund’s equity fund has a total value of 91.4 billion yuan, which will propel relevant funds to invest 12.5 billion yuan in local enterprises. Additionally, the company has signed a strategic coop-eration agreement with China Merchants Bank, China Construction Bank and Tiantu Capital respectively. (Zhang Yu)

HELD by the Futian District Enterprise Development Service Center and the Shenzhen Federation of Young Entrepre-neurs, the Innovative CEO Camp opened at the Great China International Finan-cial Center Point-line Space on Sept. 27 to inspire entrepreneurs to improve their operation capacities, enhance their cogni-tive levels and boost confi dence in innova-tive and entrepreneurial endeavors.

Song Liuping, senior vice president of Huawei Technologies Co., and Xia Guoxin, chairman of Shenzhen Ellas-say Fashion Co., both mentors of the camp, talked about their experience on intellectual property rights strategy and application. Personnel training, career development, capital operation, intellec-tual property, brand strategy and legal risk prevention and control were also covered at the camp.

ABOUT 70 villagers will get free shares in Tianmian Industry Co. after the implementation of the equity reform program by the end of December 2017. These people, who will be offered the opportunity to participate in the collec-tive dividends of the company, are the fi rst batch of benefi ciaries of the Futian collective shareholding economic pilot shareholding reform. Shareholders of Tianmian Industry approved the share-holding reform plan Dec. 12, 2014. About 1,200 collective stock fi rms in Shenzhen faced a development bottleneck on systems and mechanisms. The refor-mation of Tianmian Industry Co. is a new model that can be easily reproduced for city’s other collective stock companies.

Futian sets up funds for fi ntech industry

News Bites

Equity reform benefi ts villagers

Innovative CEO camp opens