On 15 April 2019, the Ministry of Science and Technology and the Ministry of Education jointly released the Management Measures for National University S&T Parks (Guo Ke Fa Qu  No. 117), and the Guiding Opinions on Promoting the Development of National University S&T Parks (Guo Ke Fa Qu  No. 116).
Since their establishment in 1991, National University S&T Parks have become key components of the China’s sci-tech innovation ecosystem, thanks to their role as clusters of innovation resources and incubators. By stimulating technology transfer, they act as effective bridges between university and the industry/market. The title ‘National University S&T Park’ is granted by MOST and MOE after evaluation to university parks meeting strict criteria, including:
- Independent legal personality operating for more than 2 years
- At least 80% of the total workforce should have undergone training or possess rich management experience in the field of entrepreneurship, funding and financing, and corporate management
- Has at least 50 start-ups in incubation, at least half of which must feature clear and strong releations with the host university. At least 30% of incubated enterprises should have invention patents
- At least 60% of the park’s physical space must be dedicated to incubated enterprises. Presence of “mass innovation and entrepreneurship” platforms such as makerspaces
- Presence of PE/VC or angel investment firms within the park, or alternatively possession of cooperation agreements with relevant financial institutions. At least 3 successul cases of funding to resident start-ups
- Provision of services such as R&D experiments, testing and validation, tech transfer/IPR consulting (independently or through partner intermediaries). Internships and various similar activities must be provided to university students.
National University S&T Parks receive substantial financial and administrative support by both the local and national government (subject to annual performance evaluation).
The document issued by MOST and MOE outlines 26 concrete priorities and areas for the future development of National University S&T Parks, grouped under different thematic groups:
- Clustering of high-level sci-tech innovation resources: including the establishment of R&D structures, industry research academies and joint laboratories with enterprises, in order to align and strengthen the supply and the demand of scientific results.
- Promoting the transfer and conversion of technology results: through the establishment of dedicated and specialised Technology Transfer Offices providing services such as patent landscaping and evaluation, business promotion, matchmaking, etc. Professors, researchers and students should be allowed to receive cash/equity incentives and rewards for their tech tranfer contributions.
- Optimising the funding and financing environment, by enhancing the support to early- and seed-stage start-ups also by making effective use of the National Fund for Technology Transfer and Commercialisation, and by encouraging social actors to establish joint supporting funds or angel investment funds.
- Shaping an open and inclusive development environment, e.g. by strengthening dialogue and exchange with other domestic and international S&T parks, universities, firms, students; by establishing alliances with financial institutions, corporates, or mature private incubators, etc.
- Aligning and enhancing policy support, for instance by encouraging resident start-ups to apply to national HNTE status or other funding schemes and incentives; by piloting innovative reforms in S&T parks, especially relating to technology transfer.
Management Measures for National University S&T Parks (Guo Ke Fa Qu  No. 117)
Guiding Opinions on Promoting the Development of National University S&T Parks (Guo Ke Fa Qu  No. 116)