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Caohejing International Center for Entrepreneurship Plaza (ICE Plaza) was put into operation on December 21, becoming the park's important platform for innovation.

The Plaza consists of a nursery for hi-tech firms, innovation parks for university graduates and returned overseas students, an incubator for overseas enterprises and an accelerator for technology firms, said a manager from the international incubation center.

The Plaza, located at the intersection of Guiping Road and Caobao Road, is based in a 27-storey modern office building occupying an area of 52,000 square meters.

It holds a 2,000-square-meter nursery for hi-tech enterprises, a 3,000-square-meter innovation park for university graduates, a 3,000-square-meter innovation center for returned overseas students, a 10,000-square-meter international and specialized incubator and a 26,000-square-meter business accelerator.

More than 130 hi-tech firms have moved into the center with 80 per cent involving information technology.