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World Young Scientist Summit helps Wenzhou with innovation

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ezhejiang.gov.cn|Updated: November 11, 2022

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The community of World Young Scientist Summit is named after Pi to bring out the spirit of infinite possibilities, power and hope. [Photo/WYSS 2021]

With the World Young Scientist Summit coming to its fourth edition, statistics show that as of September this year, the former editions have helped settle 19 high-end innovation platforms in the city.

A total of 150 industrial projects directed by leading talents have also started operations in Wenzhou.

The growth fund issued by the local government for young scientists, with a capital pool of 10 billion yuan ($1.43 billion), has also invested more than 10 projects in emerging and cutting-edge industries.

Incubators of the summit have also introduced 19 high-caliber talents, including six national experts. The 47 enterprises settled generated a combined revenue of about 300 million yuan in 2021, of which 14 were run by high-level talents. WYSS' subordinate pioneer park was home to 42 leading innovative and entrepreneurial talents, who brought in 401 technology enterprises with a total revenue of 2.6 billion yuan.

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