BRIEF INTRODUCTION GUANGZHOU INTERNATIONAL BUSINESS INCUBATOR (GIBI)
Profile of GIBI GIBI is a hi-tech park invested by the government of Guangzhou. It provides comprehensive services to start-ups in hi-tech fields and is also specially-planned for incubation of biomedical enterprises and projects. It is one of the most important bases in development of hi-tech industries in Guangzhou.
General Picture of Guangdong Guangdong Province lies in the south of China. It is one of the most developed provinces and ranks first in terms of economical development. GDP accounting for 11.46% of the total of the country. Fiscal revenue accounting for 14.25% of the country. Foreign trade volume accounting for 26.4% of the country.
Talk about Guangzhou An ancient city with over 2200 years history. Famous for the China Import and Export Commodities Fair (Guangzhou Fair) The top three cities in China that enjoy the most motivated economy. Asain Games had been held in 2010 in Guangzhou.
Hi-Tech Industry in Guangzhou Total of hi-tech enterprises certified: over 1370 Annual growth rate of the Hi-tech industrial production value : over 28.9% 2010 Hi-tech industrial production value: RMB 567 billion
Development Target for Guangzhou Science and Technology Forming the center of hi-tech innovation and industrialization in South China Building hi-tech core city in Pan-Pearl River zone Setting up several world-class hi-tech parks such as Guangzhou Science City etc.
Development of Chinese Business Incubators Total of business incubators over 800 Including: State-level business incubator 346 Innovation park for overseas chinese scholars 150 Science park in university 86 International business incubator 9 Total area for incubating: over 30,000,000 m 2
Business Incubators in Guangzhou Total of business incubators: 28 Total area for incubating: over 1,730,000 m 2 GIBI 110,000 m 2
General Information of GIBI Investors of GIBI Guangzhou Science and Technology Bureau Guangzhou Economic and Technological Development District Total investment in GIBI RMB219 million (i.e. USD 34.5 million) Location At the heart of Guangzhou Science City Time of establishment December 2000
Business Objectives of GIBI To create a platform to incubate tomorrow s hi-tech companies To develop GIBI into a top-tier hi-tech service company at home and abroad
Favorable Environment for Business Beautiful natural environment Guangzhou Science City, well ecological protected, 1s the ideal place for business, residence and creation Modern facilities Wide open office space, latest communication technology, and other latest supporting facilities
Favorable Environment for Business Strong intellectual support Strong support from universities and research institutions in Guangzhou Convenient Transportation Adjacent to highways, city ring roads and the new Guangzhou International Airport
Advanced Facilities Floor area of 110,000 m 2 Network data communication center with broadband (i.e. 1G Ethernet) Building automation control systems Network video conference center Public biomedical lab with constant low temperature and humidity Business, catering and leisure centers, underground car-park
Incubating Support Providing working and research space with lower rent Connecting to venture capital fund Providing business consulting services International exchange Human resources and information services
Preferential Policies 15% income tax for hi-tech enterprises certified Other preferential policies promulgated by Guangzhou Hi-tech Development Directives
Companies Residing in GIBI over 200 hi-tech companies Industrial sectors Bio-tech, new drug, IT, optical-electronic, electronics, new materials, environmental, fine chemicals etc. Performance of the companies in 2010 Combined total income: 1.87 billion (USD 294 million) Number of employees: 2879
Talents in the Companies 22 Post-Doctorates 99 PhDs 136 Masters 2154 Bachelor Degree Holders
Sector Distribution of Businesses 100 90 80 70 60 50 40 30 20 10 0 The number of companies by sector Bi ot ech & Dr ug I T Envi r onment al New mat er i al s Chemi cal Opt i cal - el ect r oni c Ot her
Ownership Spread of Companies SOE 4. 1% FDI 15. 9% Ot her pr i vat e 80. 0% * In terms of the number of companies
Intellectual Property Rights of Companies 489 patents applications 320 patents approved
VC Investment in Companies Guangzhou Venture Capital: RMB 1 billion Guangzhou Science and Technology Investment: RMB 2 billion GIBI: RMB 3 million (FDI: USD 16 billion)
Foreign Companies in GIBI - Selected Bayer (China) Limited Guangzhou Polymer Technology Support Center Degussa (China) Co., Ltd. Guangzhou Branch Singapore New Electronics System Pte Ltd. Singapore PIKA Pte. Ltd. RayBiotech, Inc. Guangzhou
Public Service Platforms Guangzhou Institute of Biomedicine and Health, Chinese Academy of Sciences South China Center for Innovative Pharmaceuticals China-UK Cambridge Venture Park Guangdong Hi-Tech Talents Center
Concluding Remark Once you cast your eyes on this splendid and wonderful land, you will definitely find that Guangzhou is an ideal place to live, to do business and to invest. Welcome to Guangzhou and GIBI! Thank you!