On the afternoon of August 12, the South District Office signed a strategic cooperation agreement with ZDVC Group Co Ltd to jointly build an advanced manufacturing industrial park with the standards of the Greater Bay Area.

At present, South District is planning to build an 8-square-kilometer science and technology innovation resources cultivation zone. At the same time, it is integrating resources from the Second Industrial Zone and Characteristic Elevator Industrial Base and other places to apply for provincial industrial park status.

ZDVC Group said that it will utilize its advantages in general industrial planning, resources, finances, operation and etc and create "Zhongda Innovation Valley" with highly detailed planning and standards. ZDVC Group will introduce three major systems of industrial finance, science and technology services, and business acceleration and will develop an international industrial innovation center to create the 4.0 mode of the industrial park.

ZDVC Group is an investment management company led by Sun Yat-Sen University. It has successively built large technology industry incubation platforms such as Guangdong Medical Valley, Guangdong Materials Valley, and Zhongda Innovation Valley. The Zhongshan "Zhongda Innovation Valley" project will focus on the development of intelligent manufacturing, new materials, biomedicine and other emerging industries.