An introduction to Guangxi Institute of Industrial Technology
Nov 19, 2021 3:42:10 PM Reading number: 1

Established on August 23rd, 2020, Guangxi Institute of Industrial Technology is a separated legal entity and a public institution, which was founded by the provincial government of Guangxi, with a corporatized management style and marketized operation style. GIIT adopts the president accountability system under the leadership of Party Committee, with the Vice-governor in charge of science and technology working as the Chairman of the Council and person in charge of Department of Science and Technology working as the Executive Vice-chairman of the Council and Secretary of the Party Committee.

As a new research institute, Guangxi Institute of Industrial Technology (GIIT) works on breaking the technology bottleneck and remedying shortcomings, sticks to “Front-end Focus, Medium-term Coordination and Rear-end Conversion”. We push forward the connections between technology and economy, innovation and market demand, invention and industry as well as innovative work and profit making, striving to become the engine for innovation in Guangxi, a platform to demonstrate new technology and policies, an industrial technology supplier, a generator of emerging industries, introducer and educator of innovative talents, a new height of open cooperation, research institute and laboratory for regime reform and providing replicable models for reformation and innovation.

With a registered capital of 2 billion yuan, GIIT established Investment and Development Co., Ltd., mainly providing technology financing services include investment, loaning, funds and bonds. This company devotes to the investment specialized institutes established by GIIT and innovation platforms all around the world, the investment and operation of science and technology parks and technology trading platforms, and also the cultivation and support of high and new technological enterprises, gazelle companies and unicorn companies.

GIIT takes projects as the “gripping point” and specialized institutes as support, following the innovation development demands in Guangxi, dedicated to building specialized institutes in fields including information technology, life science, functional materials, equipment manufacturing, ecology and environment and modern agriculture. These institutes can be affiliated, co-founded or with a membership. One of our goals is to tackle core technology in engineerization and commercialization for the technical break-throughs in sensitive technologies whose import is limited.