Hebei emerges as global sci-tech hub during 14th Five-Year Plan period

Hebei Province has solidified its position as a global hub for scientific and technological innovation during the 14th Five-Year Plan period (2021–2025), according to senior officials. The province’s advancements have not only fueled regional development but also strengthened international cooperation. A recent press conference by the Information Office of the Hebei Provincial People’s Government revealed that Hebei’s R&D expenditure soared to 96.78 billion yuan ($13.59 billion) in 2024, ranking 13th nationally and reflecting a 52.5% increase from the 13th Five-Year Plan period (2016–2020). The value of technology contracts surged to 197.14 billion yuan, 3.53 times higher than the previous period. Hebei is now home to over 15,000 national high-tech enterprises and more than 127,000 provincial-level sci-tech SMEs, with five local firms achieving global unicorn status this year. The province’s integration with Beijing and Tianjin has deepened, with Hebei absorbing 75.53 billion yuan in technology contracts from Beijing in 2024, the highest nationwide. The Xiong’an New Area has emerged as a key innovation hub, hosting over 200 enterprises in its Zhongguancun Science Park and attracting foreign talent through streamlined services. Notable breakthroughs include the world’s first RISC-V kernel super SIM chip by Xiong’an XinSheng Technology and HBIS Group’s leading hydrogen metallurgy projects. Hebei has also expanded its international collaboration, establishing joint laboratories with Serbia and Brazil. These achievements underscore Hebei’s growing role in global sci-tech cooperation and its commitment to driving high-quality development through innovation.