Huangpu district has been rated first in the Guangzhou Urban Innovation Index Report (2020) recently released by the Chinese Academy of Science and Technology for Development, the Guangzhou Productivity Center and the Guangzhou Science and Technology Development Research Center.
The report assessed Guangzhou's districts across four first-grade indexes in 2019, including innovation resources, corporate innovation, innovation performance, and innovation environment.
Huangpu is rated first in the Guangzhou Urban Innovation Index Report (2020).
Huangpu took the lead in both R&D expenditure and fiscal expenditure on science and technology, which reached 7.16 billion yuan ($1 billion) in 2019.
In addition, the district also ranked first in terms of the R&D input of industrial enterprises above designated size, which totaled 11.62 billion yuan. Guangzhou was home to 12,099 high-technology enterprises in 2019, of which 1,998 were in Huangpu.
In terms of innovation performances, Huangpu outperformed other districts in labor productivity, patent input and the value added of the high-technology manufacturing sector.
The district was second only to Tianhe in innovation platform construction and number of incubated enterprises.