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Caohejing Innovation & Incubation Park, at the heart of Pujiang Hi-Tech Park, assumes the core functions of enterprise incubator and technology innovation base.

Innovation & Incubation Park focuses on independent innovation. With integrated resources, it is designed to be a talent-intensive, technology-intensive, and capital-intensive demonstration platform for innovation and entrepreneurship under market-oriented operation. Working on technological innovation and industry cultivation, it has developed professional incubator clusters and a complete system for regional technological innovation. It is a demonstration platform for innovation and entrepreneurship and brings strong impetus for Pujiang Hi-tech Park.

Innovation & Incubation Park characterized itself in a unique pattern, combining venture capital and professional incubator. Particularly, located there are the new energy sources incubator and international business incubator, which provide service in innovation and entrepreneurship especially for enterprises of new energy sources. After establishing strategic partnership with Shirat Enterprises Ltd. from Israel, Innovation & Incubation Park formally became the base for Sino-Israeli cooperative program on Incubator.

The establishment of Innovation & Incubation Park is a crucial step for the national strategy of innovative country and is a strategic development of CHJ Hi-tech Park as well. With all kinds of high technologies introduced to Pujiang, Innovation & Incubation Park has broadened and deepened the inner workings and other extensions of Innovation Center. Following the fundamental principles throughout work, namely practicality, Excellency and creativity, Innovation & Incubation Park will be developed into a State-level innovation and entrepreneurship park, which serves as a booster for high-growth enterprises and is an assistant for start-ups in setting up modern international high-tech enterprises.