Overview of Zhongguancun Fengtai Science Park

Zhongguancun Fengtai Science Park was established under the approval in November 1991 and was formally developed and built in 1992, which is one of the earliest ¡°One-district and Three-park¡± of Zhongguancun Science and Technology Park, with the overall planned area of 8.18 square kilometers. In 2012, it was approved to adjust space scale and layout and its overall planned area was changed to 17.63 square kilometers, consisting 11 parts including the east zone, west zone l, west zone ll, science and technology incubation street and Lize block after district extension, north district of Yongding River, south district of Yongding River, Feb.7th Vehicle Plant, Feb.7th Locomotive Works, Shougang Group Heavy Machinery Subsidiary Industrial Park and emergency rescue block. Zhongguancun Fengtai Science Park is the first one in China to advocate developing the ¡°headquarters economy¡±, which is a core functional zone of Beijing Fengtai District as well as an important base to develop hi-tech industries in Beijing.

Organization Chart of Zhongguancun Fengtai Science Park Management Committee

Zhongguancun Fengtai Science Park has basically realized the ¡°Government + Market¡± management and operation system: Zhongguancun Fengtai Science Park Working Committee is the agency appointed by Fengtai Park Committee and the Park Management Committee is the agency appointed by Fengtai District Government, and both of them will be responsible for the park¡¯s planned construction, industrial development, social management, etc. Currently, there are eight sections and offices. The subordinate institutions of the Management Committee include the science innovation center, base office and vocational office, respectively being responsible for middle and small-sized enterprises incubation service, social and environment management and talent introduction and service authorized by the Management Committee. And, relevant Committees, Offices and Bureau of Fengtai District will establish the representative business agency in the park, including ¡°seven-office and one-team¡± of the finance office, national tax office, local tax office, local police station and urban management team, so as to form a relatively independent economic and social management mode. The Park Management Committee will directly manage two enterprise groups (Beijing Fengtai Science and Technology Park Construction and Development Co., Ltd. and Fufeng Corporation), which will be responsible for development of level 1 project and operation of level 2 project in the park and the late property management supporting service.