China's first innovation park featuring 5G and its production and
research development made its debut in Yuhang district of Hangzhou,
Zhejiang province, on Jan 20.
The China (Hangzhou) 5G Innovation
Park, located in Zhejiang Hangzhou Future Sci-Tech City, is aimed at
building a highland for the innovative development of 5G technologies by
promoting its integrated application in multiple areas, including smart
city, intelligent connected vehicles, industrial Internet and social
The 5G, referring to the fifth generation of wireless
technology, enables gigabit speeds and a more powerful connectivity. The
technology is facilitating the development of the internet of things,
augmented reality and virtual reality applications, smart communities,
and driverless cars, among other things, and is predicted to have a
massive impact on society in the coming years.
A total of 10 projects on 5G technologies and applications were inked at the launch ceremony.
terms of project introduction, Li Jie, a local official from Zhejiang
Hangzhou Future Sci-Tech City said that top priority will be given to
applications in the areas of artificial intelligence, virtual reality,
unmanned aerial vehicles, intelligent communities, and intelligent
In addition, China (Hangzhou) 5G Innovation Park will
also provide 5G innovative enterprises with favorable preferential
policies, with grants topping 100 million yuan ($14.73 million) for
research and development.
By 2020, the park is expected to be
built into a service platform for 5G industries and an incubation base
for industrial companies.