The review and authentication meeting of innovation companies in the Kunming National Hi-Tech Industries Development Zone was convened recently, and 26 out of 27 applicant enterprises were identified as innovation companies.

The review group is composed of 20 experts in four fields: electronic information, new materials, biological medicine, and traditional industry reconstruction. The review group investigated the core independent intellectual property rights, research and development expenditure, income from innovative and hi-tech products (services), and research findings of the enterprises and worked out the final result.

According to the economic development administration of Kunming hi-tech zone, the authentication of innovation companies is one of the important measures in the transformation of industrial structure in the zone. It contributes to the development of hi-tech industries by raising the innovation consciousness, improving the research and development management, and enhancing the competitiveness of enterprises in the zone.

By Shi Zihan and edited by Nelly Min