Recently, well-publicized “China Rubber Valley” was officially opened in Qingdao, Shandong Province in China, a local media reported.
This chemical rubber industry demonstration base located in Qingdao combines production, academia and research together. It intends to learn US Silicon Valley experience, setting the functions of research and education, business incubation in one, which enables the enterprises to do R & D, financing and trade negotiation remaining within doors.
Since the construction of the program began last year, the "Valley" had attracted more than a hundred enterprises and banks and other intermediary agencies to contract and settle down.
“First Phase has almost done. The programs as the International Trade Centre, Business Incubator Center, International Talent Training Center would put into use successively after completion,” said Zhang Yan, general manager of Rubber Valley Co., Ltd..
“At the same time, the Valley will also establish independent subsidiaries for Intellectual Property Information Center, Culture Broadcasting Center, Productivity Promotion Center etc. to provide more service to help the companies in Valley." Zhang said.
So far ,there are more than 100 well-known enterprises, such as MESNAC, LANXESS, Sinochem International Corporation, Double Star Group, Jinyu Group, Industrial and Commercial Bank of China and some law firms, have settled in the valley, according to the report.
Rubber Valleycovers a total land area of 3,000 mu and total floor area up to 4,000,000?. It is a cluster of high-end industries with international standards supported by industry association, government, university, scientific institutions, famous enterprises in rubber industry and related intermediary service institutions.