The second-phase Gaoke Science Park, one of the first batches of modern urban industrial parks in Guangzhou's Tianhe district, was recently put into operation.

The park is at Tianhe Smart Park, where seven national-level innovation platforms are gathered. It covers a total area of 58 mu (3.87 hectares) and is invested by Guangzhou Gaoke Communications Technology Limited.

Gaoke Science Park. [Photo/WeChat account: tianhefabu]

The first and second phases have built an industrial carrier of nearly 35,000 square meters and are expected to have an incremental industrial output value of about 450 million yuan ($62.04 million) in 2024.

Eight of which, 88 percent, are national high-tech enterprises signed up to settle in the second-phase science park.

"The good investment achievements further confirm the rationality of the development plan of the Gaoke Science Park," said Chen Yanwen, president of Guangzhou Gaoke Communications Technology Limited.

The third-phase construction of the park is under planning and is scheduled to cover 95,000 sq m. By then, the annual output of the park is expected to increase to 2 billion yuan.