The China Security Association has signed an agreement with the Qingdao new high-tech zone to jointly build the Qingdao security tech park.

    The park, which is in the core zone of Qingdao new high-tech zone, covers a construction area of about 150,000 square meters in total. It plans to establish the IT company accelerator, incubator and facilitated talent apartment, 150-200 companies can settle down in the park to attract over 10,000 high-level talents.

    The park will gather high-end resources of the security tech industry development to boost development of security tech industry in the new high-tech zone to build the national security tech industry synergy innovation model zone. 33,000 square meters phase I project now is already established for companies to move in.

    By 2020, security tech and related information safety industry of the zone is expected to exceed CNY 10 billion to be the 1st 10-billion security tech industry park in China, and establish an industry development layout which is led by backbone enterprises has self-innovation ability and has strong innovation ability, vivid features, and collective development of the industry chain.