ZGC Development Group signed a strategic agreement to promote the development of rail transit industry at the 2nd China Railway Development Forum on October 23. In which, one priority is the establishment of Beijing ZGC Rail Transit Industry Development co., Ltd. 

Initiated and established by ZGC Development Group, Beijing Investment Holding co., Ltd. and Beijing Fengtai District Development Investment co., Ltd., it is designed to promote industrial cluster development, enhance industrial service ability, building an industrial ecosystem. It will provide specialized, market-oriented and internationalized services by coordinating all kinds of resources, in the fields of experts and think tanks, innovation and R&D, funds and industrial incubation and etc. It will also explore and set up chain-wide, open mechanisms for collaborative innovation, and establish a collaborative innovation comprehensive service platform for the rail transit industry.