Creating a blockchain industry development cluster 47 industrial parks rush to run

As of mid-June 2021, the number of domestic blockchain industrial parks in Beijing, Shanghai, Hangzhou, Yunnan and Guangzhou has reached 47.

Economist Zhang Wuchang once made a point that inter-county competition has driven the growth of the entire Chinese economy. In the blockchain field, various local governments are gathering blockchain enterprises by creating blockchain industrial parks in an attempt to get a share of this new technology war.

Recently, two departments of the Ministry of Industry and Information Technology and the Central Network Information Office jointly issued the “Guidance on Accelerating the Application and Industrial Development of Blockchain Technology”, proposing that by 2025, China should create 3 to 5 blockchain industry development clusters.

As an important position for incubating blockchain enterprises, blockchain industrial parks have assumed a heavy responsibility in the process of creating blockchain industrial agglomerations in various provinces and regions.

The statistics of “Chain New” found that as of mid-June 2021, the number of domestic blockchain industrial parks in Beijing, Shanghai, Hangzhou, Yunnan and Guangzhou has reached 47.

Local governments are scrambling to build blockchain industrial parks
In November 2016, “Zhongguancun Blockchain Industry Alliance Shanghai Collaborative Innovation Center” and “Sky Blockchain Incubation Base” settled in Shanghai Baoshan Intellectual Industrial Park at the same time, which is the earliest blockchain industrial park in China.

After that, as blockchain became hotter and hotter, four blockchain industrial parks were established in Shanghai one after another.

However, in terms of the absolute number of industrial parks, Shanghai ranks behind Zhejiang and Guangdong.

Hangzhou is the leader in the development of blockchain industry in Zhejiang, with a total of six blockchain industrial parks at present.

In April 2018, the management committee of Hangzhou Future Science and Technology City launched the “China Hangzhou Blockchain Industrial Park” in a high profile, and ten blockchain technology-based projects were signed collectively at the beginning of its establishment.

In terms of building blockchain industrial park, several districts in Hangzhou are also competing with each other.

In 2017, Hangzhou’s West Lake District issued a document to create the Xixi Valley Blockchain Industrial Park, providing government support to enterprises and individuals stationed in the industrial park.

In May 2018, Yuhang District of Hangzhou City issued the “China Hangzhou Blockchain Industrial Park Policy” to attract high-level talents to settle in the park, with subsidies of up to 3 million yuan for house purchase; financial support for startups is strengthened across the board, and enterprises that pass the evaluation can apply for up to 5 million yuan in startup loans and up to 1.5 million yuan in angel dream fund support.

In 2019, the government of Hangzhou High-tech Zone (Binjiang) issued a document proposing to build a highland of digital industry development with global influence and vigorously develop future industries such as blockchain.

Guangdong Province is also not willing to lag behind. In September 2020, Guangdong Province issued a policy that clearly proposes to strengthen the service capacity of four blockchain industrial parks, including Guangzhou Blockchain International Innovation Center, Huangpu Chain Valley, Yuexiu International Blockchain Industrial Park and Shenzhen Nanshan Science and Technology Park, to provide blockchain enterprises with multi-level services such as angel investment, equity investment and post-investment value-added. Building a full-life cycle industrial ecological cultivation system integrating incubation, acceleration, agglomeration and supervision” is listed as one of the key tasks for developing blockchain industry in Guangdong Province.

Currently, there are five industrial parks in Guangdong, and according to the China Blockchain Enterprise Development Census Report (2020), as of November 2020, there were 28,523 blockchain-related enterprises registered in Guangdong Province, accounting for 44.52% of the national total.

In addition, places like Hunan, Chongqing and Yunnan have also created their own blockchain industrial parks by introducing relevant documents.

On March 15, 2020, the Blockchain Center of Yunnan Province was inaugurated on the ground in Wuhua Science and Technology Industrial Park in Kunming.

The Chain New learned from the Yunnan Provincial Blockchain Center that in 2020, the Yunnan Blockchain Center Park achieved a main business income of 134.6 billion yuan.

Economist Zhang Wuchang once made a point that inter-county competition drives the growth of the entire Chinese economy. In the blockchain field, various local governments are gathering blockchain enterprises by creating blockchain industrial parks in an attempt to get a share in this new technology war.

Mo Xiaokang, director of the Blockchain and Privacy Computing Research Center of Beijing Big Data Research Institute, said in an interview with Chain New that the industrial park is comprehensive and gathering related enterprises together is helpful to the overall development of the blockchain industry, “because this clustering effect of it is equivalent to concentrating talents and resources in one place, and there will be a resonant effect and mutual promotion effect among them”.

The development of blockchain industrial park is still in the early stage
According to the incomplete statistics of “Chain New”, as of mid-June 2021, the number of blockchain industrial parks in China has exceeded 47.

Among them, 25 industrial parks are led or guided by the government to establish. In terms of enterprises or projects, the blockchain information service filings announced by the State Internet Information Office have reached 1,238, of which 70% are concentrated in “North, Guangzhou and Zhejiang”.

Although the first-tier cities have obvious leading advantages, the central and western cities also hope to create blockchain industrial parks with their own characteristics by way of misalignment competition.

Xie Wei, executive deputy director of Loudi City Blockchain Industry Development Leading Group Office in Hunan Province, told “Chain New” that there is no competition among blockchain industrial parks in the country at present.

According to Xie Wei, on the one hand, most of the parks in the country are loosely organized, and local governments are not deeply involved because they do not know much about this industry; on the other hand, the blockchain industry is still very early and the whole industry is not perfect, so it has not reached the point of fierce competition.

Compared with the support of first-tier cities like North, Shanghai and Guangzhou in terms of finance and taxation and subsidies, Xie Wei believes that due to the gap between the first-tier cities in terms of capital and technology, third and fourth-tier cities like Loudi, more support is given to enterprises in terms of market scenarios.

Combining with the real economy is the key
In the policies of building blockchain industrial parks all over the world, the combination of blockchain technology and real industry is emphasized.

Huang Zhiming, director of expansion and operation of China (Hangzhou) Future Blockchain Innovation Center, said in an interview with Chain New: “Most of the park are blockchain research and development enterprises, and some are traditional enterprises that can apply blockchain technology and do the combination of blockchain and traditional industry”.

Huang Zhiming introduced that there are 5 quasi-unicorn enterprises in the park with valuation of more than $100 million or close to $100 million.

A person in charge of the Blockchain Center of Yunnan Province told Chain New: “The development speed of the Blockchain Center of Yunnan Province is still relatively fast, and some projects combining some local agricultural products and copyright enterprises with blockchain have been landed, and initial achievements have been made.”

The person in charge of the introduction, Yunnan Province Blockchain Center has now absorbed a number of giant enterprises such as Ali, Tencent, Huawei, etc. stationed. At the same time, like “peacock code”, “digital purple pottery”, “Wenshan Sanqi code” and other local characteristics of Yunnan combined blockchain projects have been landed, and directly for the enterprise to bring sales on The project has brought significant growth in sales.

According to industry sources, most of the enterprises doing R&D in the industrial park have not yet achieved profitability. The companies that are profitable are mostly mining or virtual currency companies that are highly controlled by the current policy. With the policy in place, these profitable enterprises will face transformation or liquidation.

How to combine blockchain technology and real industry has become the key.

The person in charge of the blockchain center in Yunnan Province introduced the “Wenshan Panax notoginseng code” project, and considered it a typical case of Yunnan blockchain empowering traditional industries.

Based on the underlying management of blockchain technology, “Wenshan Panax Pseudoginseng Code” connects the circulation links of cultivation, production, processing, storage, sales and supervision, etc. Through technical means such as distributed bookkeeping of Panax pseudoginseng production flow data, supply chain smart contract, industry consensus mechanism and multi-centered node setting, it ensures the authenticity, quality and quality of high-quality Wenshan Panax pseudoginseng.

It revealed that Wenshan Panax pseudoginseng has increased its sales by more than 20% compared with the same period last year through blockchain technology empowerment.

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