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Industrial transformation stepped up through cooperation with universities

Source: Yiwu sourcing agent    Author: Gary      Date: 2010-09-19

The University-Enterprise Partnering Center of Yiwu Private Enterprises Association, the first professional service center for the cooperation between universities and enterprises, was officially set up on September 10. Nine universities and institutions including Zhejiang Sci-Tech University, Xi’an Polytechnic University, Zhejiang University,and Lanzhou Branch Chinese Academy of Sciences signed cooperation contracts with ten Yiwu enterprises and industrial associations including Yiwu
Textile Association, Yiwu Seamless Knitting Association, Zhejiang Zhengwei Food Co., Ltd and Langsha Group, which cover ten fields like technical innovation, R & D of textile industry, technical development of PPT fiber seamless knitting underwear, technical development of anti-bacteria and moisture absorption, and R&D of mushroom seasoning .

“Universities are comparatively rare ‘think tank’ resources. It is an innovative shortcut to take advantage of plentiful talent resources and strong scientific research power to solve technical problems for enterprises,” said Tao Jianwei, director of Yiwu Bangjie Digital Knitting Co., Ltd.

A large number of wholesalers engaged in manufacturing industry promote the development of Yiwu
market. There are about 2,700 manufacturers and more than 20,000 privately-owned businesses, which form more than 10 advantageous industries including ornaments, zippers, toys, arts&crafts, hosiery, pens, knitting underwear and cosmetics.

The increase of human capital, the lack of natural resources, environmental pollution, international trade barrier and policy adjustment faced by export-oriented enterprises urge manufacturers and other enterprises to speed up industrial transformation.



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