Tsinghua Holdings' subsidiary TusHoldings recently opened a new TusPark in Newcastle, the UK, in a bid to strengthen cooperation in innovation and entrepreneurship with UK's startup enterprises and innovation organizations.

Some attendees at the opening ceremony 

Established and operated by TusHoldings' subsidiary Tus Technology Service Group, the Newcastle TusPark is located in the center of Newcastle and boasts an office floor area of 4000 square meters. It is close to the train station in Newcastle and only five minutes' walk to downtown shopping centers and universities. 

An interior look of the Newcastle TusPark 

The park has established cooperation with a number of UK-based innovation organizations and has helped 10 Internet of Things (IoT)-related enterprises to connect to Chinese industries and investment, promoting interaction between UK technologies and Chinese markets.

Yang Ming, president of TusHoldings Technology Service Group, said at the opening ceremony that the Newcastle TusPark has been working on several projects in the UK, including Innovate UK's IoT accelerator project. 

Yang Ming gives a speech.

It has also established strategic cooperation with some local innovation-oriented organizations in the country, including the ORE Catapult and Barclays, helping provide them with more insights into China to embrace golden times for the Sino-UK cooperation, Yang added. 

Newcastle boasts talent advantages as it has several brand universities and a strong R&D basis in renewable energies, marine engineering and life pharmaceuticals, according to Newcastle City Council Leader Nick Forbes.

Nick Forbes delivers a speech.

Forbes also expressed his confidence in Newcastle TusPark as it will improve Newcastle's innovation and entrepreneurship system, help the industrialization of technological achievements and industrial transformation and upgrading, and provide new impetus for economic growth. 

Jiang Sunan, counselor of the science and technology section of the Chinese Embassy in the UK, urged TusHoldings to make a full effort to establish more scientific and technological innovation and cooperation bridges between China and the UK so they can both make more contributions in high-tech fields. 

Jiang Sunan gives a speech. 

Newcastle University Vice-chancellor Nick Wright and Northumbria University Vice-chancellor Steven Kyffin gave speeches at the opening ceremony, saying that they hope the Newcastle TusPark can provide help and support for local universities and will connect them with Chinese universities, including Tsinghua, for deeper cooperation in talent cultivation, R&D, innovation, entrepreneurship and education. 

During the opening ceremony, Newcastle TusPark launched an incubation project with ORE Catapult and signed a Memorandum of Understanding (MoU) with Digital Catapult. 

The park will integrate more innovation resources in both China and the UK to better meet Chinese market demands and to help more British enterprises to settle in China. The integrations will also allow more usage of British technologies in Chinese industrial development, said Lin Zhuocun, president of TusHoldings' UK branch.