1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

It is planned to establish a domestic and foreign digital economy industry accelerator in the local area, aiming to promote the coordinated development of the big data, cloud computing, and artificial intelligence industry chains at home and abroad. The core contents of the project include: establishing the first “Belt and Road” digital economy industrial park and Northeast Asia data connectivity center, setting up a science and technology incubation fund and attracting investment institutions to participate, implementing relevant big data industry projects according to the industrial characteristics of Songyuan, and deploying a series of digital economy industry innovation acceleration service platforms. It is expected that the project will attract no less than 100 technological innovation projects in the fields of big data, artificial intelligence, cloud computing, etc., striving to build buildings with a total tax revenue of over 100 million yuan within five years, and cultivating and introducing at least one unicorn enterprise in the field of big data segmentation within ten years, while striving to promote at least one enterprise to go public.

1.1.2 Market prospect

(1) Current situation of digital economy industrial parks

The digital economy industrial park is led by cultivating the digital economy industry, mainly utilizing cutting-edge technologies such as cloud computing, big data, blockchain, artificial intelligence, Internet of Things, 5G, etc. It is committed to building a smart park with industrial ecosystem, infrastructure networking, precise functional services, and intelligent operation and development.

Digital intelligent operation constitutes the core feature of the digital economy industrial park. This type of industrial park is based on digital twin platforms, digital management, and operational services, providing one-stop services for enterprises and users within the park. This not only helps to improve the work efficiency and service quality of the park, but also promotes the development of emerging digital economy enterprises and the digital transformation and upgrading of traditional industries, jointly building a digital ecosystem in the park, creating a highland for digital economy entrepreneurship and innovation, as well as a leading place for digital industrialization, industrial digitization, and urban digitization.

However, in the rapid development of the digital economy industrial park, it also faces a series of challenges. Firstly, the speed of technological updates and iterations is accelerating, and enterprises within the park need to continuously learn and adapt to new technologies in order to maintain competitiveness. Secondly, data security and privacy protection have become important issues in park management, requiring the establishment of more comprehensive legal regulations and technical support systems.

In addition, with the deepening development of globalization, digital economy industrial parks not only enjoy the opportunities brought by international cooperation, but also need to cope with the challenges brought by international competition and trade frictions. The park needs to strengthen its independent innovation capabilities and enhance its core competitiveness to cope with changes in the international market.

In terms of opportunities, the digital economy industrial park, as an important carrier of emerging economic forms, will attract more investment and talent inflows. By building a sound industrial chain and innovation chain, the park is expected to become a key force in promoting regional economic transformation and upgrading.

Meanwhile, as the country’s emphasis on the digital economy continues to increase, policy support and financial investment will provide strong guarantees for the development of the park. Enterprises within the park will have the opportunity to participate in more national level major projects and achieve leapfrog development through technological and model innovation.

In summary, while facing challenges, digital economy industrial parks also have enormous development potential and opportunities. By continuously optimizing the industrial structure, strengthening technological innovation, and improving service quality, the digital economy industrial park will make important contributions to promoting the comprehensive digital transformation of the economy and society.

(2) Development prospects of digital economy industrial parks

With the continuous advancement of technology and strong policy support, the future development prospects of digital economy industrial parks are broad. It is expected that in the future, the park will pay more attention to the construction of ecosystems, promote efficient allocation of resources and deep integration of industries by strengthening the synergistic effects of the upstream and downstream of the industrial chain.

In terms of technology application, the park will continue to absorb and integrate cutting-edge technologies, such as quantum computing, edge computing, etc., to maintain the leading edge of technology. At the same time, enterprises within the park will pay more attention to data security and privacy protection, establish a sound data governance system, and ensure the sustainable development of the digital economy.

In terms of service mode, the park will utilize big data and artificial intelligence technology to provide more personalized and precise services, meeting the needs of different enterprises and users. At the same time, the park will strengthen exchanges and cooperation with international digital economy industrial parks, expand international markets, and enhance the park’s international competitiveness.

Policy support is an important driving force for the development of digital economy industrial parks. The government has provided solid support for the development of industrial parks by formulating plans and related policies for the development of the digital economy.

Technological innovation is the core driving force for the development of digital economy industrial parks. The deep application of technologies such as 5G, artificial intelligence, and big data has accelerated the digital transformation of traditional industries.

Market demand and consumption upgrading also provides broad space for the development of digital economy industrial parks. With the increasing demand from consumers for smart retail, online education, and other industries, new business models continue to emerge, driving the rapid development of industrial parks.

Regional cooperation and industrial agglomeration effects has further promoted the development of digital economy industrial parks. By strengthening cooperation with universities and research institutions, it is to promote the integration of industry, academia and research, and accelerating the transformation and application of scientific research achievements. By building an open and collaborative innovation platform, it is to attract more innovative talents and entrepreneurial teams, and form a healthy innovation ecosystem. Integrate resources, and enhance innovation capabilities and market competitiveness.

In summary, the digital economy industrial park will develop towards a more intelligent, ecological, and international direction. Driven by multiple factors such as policy support, technological innovation, market demand, and regional cooperation, it will become a new engine for high-quality regional economic development and usher in broader development prospects.

1.1.3 Advantageous conditions of project construction

(1) Policy advantages

The 14th Five-Year Plan for the Development of Digital Economy points out that by 2025, the added value of core industries in the digital economy will have accounted for 10% of the gross domestic product, the data factor market system will have been initially established, the digital transformation of industries will have reached a new level, the level of digital industrialization will have been significantly improved, digital public services will have been more universal and equal, and the digital economy governance system will have been more perfect. Looking ahead to 2035, it aims to establish a unified, fair, competitive, mature, and complete modern market system for the digital economy, with the development level of the digital economy ranking among the top in the world.

Jilin Province has issued the Implementation Plan for Accelerating the High-quality Development of Jilin Province’s Digital Economy (2023-2025), which takes the digital government as the guide and digital technology innovation as the driving force to promote the integrated development of digital technology and the real economy. The plan proposes goals such as improving the level of digital industrialization, promoting industrial digital transformation, and strengthening basic support capabilities, aiming to create a new growth pole for the digital economy and provide strong support for the high-quality development of Jilin.

Songyuan City has actively formulated and implemented a series of policies to support the construction and development of digital industrial parks. For example, improve the talent pool, formulate talent introduction policies, establish special positions for enterprise talent introduction, and increase policy support; optimize investment promotion policies, provide equity financial support for potential enterprises, and coordinate financial institutions to provide preferential credit policies for settled enterprises; strengthen supporting services, improve transportation networks, and optimize the service content and processes of enterprise service centers.

(2) Industrial advantages

Industrial agglomeration and incubation services: The new economic industrial park in Ningjiang District, Songyuan City gathers the industrial elements of cross-border e-commerce+Internet new economic business, forming a high concentration of the industrial chain. The industrial park has established a service system that covers “coverage”, “services”, “incubation”, “support” and “empowerment” by continuously providing comprehensive services such as market development, management consulting, capital empowerment, and talent cultivation and transportation for enterprises, promoting the healthy and rapid development of small and medium-sized entrepreneurial enterprises.

Successful cases and economic benefits: As of now, the New Economy Industrial Park in Ningjiang District, Songyuan City has introduced a total of 102 e-commerce enterprises, new economy enterprises, and third-party service enterprises, driven employment of more than 600 people, held more than 40 e-commerce training activities, trained more than 3000 people, and achieved an output value of 150 million yuan. In addition, through the “new E-commerce+” model, more than 20 enterprises in the entire region have adopted this model for operation, with an annual sales total of 500 million yuan and a net profit of 85 million yuan.

There are significant industrial advantages in terms of industrial agglomeration and successful cases, which can promote the rapid development and economic benefits of digital industrial parks.

(3) Location advantages

Ningjiang is located at the junction of Jilin Province, Heilongjiang Province and Inner Mongolia, between the Changchun-Harbin Economic Belt and the Harbin-Daqin-Qiqihar Industrial Corridor. It borders Fuyu City to the east, Qianguo County to the west and south, and Zhaoyuan County, Heilongjiang Province across the river to the north. As an important transportation hub and logistics distribution center in Northeast China, the area is well connected by highways, railways, and waterways. Seven railways, including Beijing-Harbin and Hunchun-Ulanhot, pass through the city. Six highways, including Beijing-Harbin, Dalian-Guangzhou Expressway, and Tumen-Ulanhot, as well as 14 national and provincial highways, connect the east, west, north, and south. The waterway from Songyuan Port provides direct access to Jilin City, Qiqihar City, Harbin City, and Jiamusi City. It takes 40 minutes by car to reach Songyuan Chaganhu Airport, and 120 minutes to reach Changchun Airport or Harbin Airport. Songyuan Inland Port can complete all procedures such as customs declaration, inspection and quarantine within the country, and exported goods can be directly cleared and delivered to the port.

(4) Talent advantages

Songyuan City has established 11 industrial colleges, research internship and training bases, and doctoral workstations to support rural revitalization with 7 provincial universities including Jilin University and Jilin University of Finance and Economics. These collaborations have attracted a large number of high-level talents and college graduates to come to Songyuan for scientific research, study, work, and life. They have established a “Talent Home · Special Program for Projects” and connected 126 industrial projects and 83 talent projects. Through the integration platform of industry and talent, they have attracted a large number of high-level talents to provide sufficient talent support for the projects. ‌‌

1.2 Contents and scale of project construction

The project covers an area of 200000 square meters and mainly consists of five sections: industrial base, education port (primary and secondary schools), science and technology port (technology-based enterprises), business port (commercial trade), and incubation port (new and high-tech enterprises).

1.3.Total investment of the project and capital raising

The total investment of the project is 800 million yuan, including the construction investment of 640 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales revenue will be 540 million yuan, its profit will be 159.9 million yuan, its investment payback period will be 6 years (after the tax, including the construction period of 1 year) and its return on investment will be 20%.

1.4.2 Social evaluation

Providing employment opportunities: The digital economy industrial park can create a large number of job opportunities and job positions by introducing new infrastructure construction projects such as blockchain and big data, driving investment in surrounding industries and supporting industries, thereby promoting economic development.

Optimizing industrial structure: The digital economy industrial park plans, leads, and optimizes the structure and layout of digital economy and headquarters economy development, improves urban infrastructure, introduces blockchain industry enterprise headquarters or regional headquarters, provides new impetus for economic development, and promotes the formation of new industries, new models, and new development concepts.

Promoting regional economic development: The digital economy industrial park promotes the establishment of new economic growth poles through the development of high-end intelligent industries, deepens supply side reforms, meets the needs of the people for the digital economy, and thus promotes the overall development of the regional economy.

Drive the development of related industries: The digital economy industrial park drives the development of industries such as cloud computing, big data, digital media, service outsourcing, e-commerce, and cultural creativity through the application of technologies such as big data, cloud computing, and artificial intelligence, forming a complete industrial ecosystem.

1.5 Cooperative way

Sole proprietorship, joint venture or cooperation

1.6 What to be invested by the foreign party

Funds, and other methods can be discussed in person.

1.7 Construction site of the project

Ningjiang District

1.8 Progress of the project

The project proposal has been prepared.

2. Introduction to the Partner

2.1 Unit basic information

Name: Bureau of Commerce of Ningjiang District, Songyuan City

Address: 519 Heping Road, Qianjin Neighborhood, Ningjiang District, Songyuan City

2.2 Unit overview

Ningjiang District is a modern city with a long history and modern civilization, suitable landscape scenery and cultural charm, promoting economic development and social harmony, and possessing the cultural heritage of Manchuria and Mongolia. Located in the central and western part of Jilin Province, at the confluence of Songhua River, the main stream of Songhua River, and Nenjiang River. This place is blessed with abundant resources and talented people, and is known as the “granary, meat warehouse, fishing village, and oil sea”. Ningjiang District is the political, economic, and cultural center of Songyuan City, covering an area of 1313 square kilometers.

Ningjiang has a long history and culture. As early as the Western Han Dynasty, the ancient Khitan people established the first ethnic minority tribal state in Northeast China, the ancient Fuyu Kingdom. During the Tang Dynasty, it was the Fuyu Prefecture of Bohai State. During the Liao Dynasty, Ningjiang Prefecture was established, and the current district name Ningjiang originated from here. In the late Ming Dynasty, it successively belonged to the Jurchen Tashan Left Guard and the Khorqin Mongolians. After the establishment of the Later Jin Dynasty, it was once again under the jurisdiction of the Manchu people (descendants of the Jurchen people) and was later known as the birthplace of the Manchu people. Here, there is not only the prosperous scene of Bohai County, but also the glorious history of the rise of the Jin Dynasty and the defeat of the Liao Dynasty, as well as a well-known and profound culture. The Changgangzi Bronze Culture Site, Boduna Liao and Jin Ancient City Site, Xiongjialiang Site and many other cultural relics in the area have proved the blood connection between the historical and cultural heritage of Ningjiang and the Central Plains, and highlighted the brilliant historical and cultural heritage of Ningjiang.

Ningjiang is rich in natural resources. The region is rich in mineral resources and is known as the “ecological town, energy hub, and frontier paradise”, mainly including oil, natural gas, shale oil, silica sand, refractory soil, nitrate, etc. Ningjiang has fertile land, abundant resources, mild climate, and is suitable for the growth of various crops. It has a total cultivated area of 1.199 million mu and is rich in high-quality agricultural products such as corn, rice, soybeans, oilseeds, miscellaneous grains, melons, vegetables, and fruits. The forest in the area is vast, and 4000 hectares of forest resources along the river have been listed as provincial-level forest parks. There are various types of grass, with over 300 common grass species. It is rich in aquatic resources and renowned for producing over 40 types of freshwater fish both domestically and internationally. As the only central urban area in the city, the beautiful Songhua River runs through the city, and tourists fishing along the Songhua River enjoy the pleasant scenery of the forest park.

The economy of Ningjiang is developing rapidly. Since its establishment, the total economic output of Ningjiang has continued to grow and its comprehensive strength has significantly improved. Ningjiang District has jurisdiction over Yadahong Industrial Concentration Zone, Songyuan Port Industrial and Trade Concentration Zone, and Yangtze River Tourism Development Zone. Yadahong Industrial Concentration Zone is a provincial-level industrial concentration zone, with a development pattern of “one zone and nine parks” and a standard of”seven connections and one leveling” within the starting area, attracting a large number of enterprises to invest and settle down. After years of development and construction, leading industries such as petrochemicals, equipment manufacturing, and deep processing of agricultural and sideline products have been initially formed, as well as new industries such as tourism and leisure, and new building materials.

2.3 Contact method

Contact person: Bureau of Commerce of Ningjiang District, Songyuan City

Tel: +86-438-3123223

Contact method of the city (prefecture) where the project is located:

Contact unit: Investment Promotion Service Center of Songyuan Municipal Bureau of Commerce

Contact person: Yu Lili

Tel: +86-18004388787