Xiangshan 37° Bay is on the list of 2022 provincial demonstration bases for entrepreneurship and innovation released by the provincial Development and Reform Commission.

It is known that 37° Bay of Xiangshan integrates space network, enterprise service network and resource network. With Xiangshan Science and Technology Innovation Center as the core position, it leads the operation of 5 parks and links with 4 service centers, with a total incubation area of nearly 300,000 square meters. Applying the mode of "Xiangshan 37° Bay + Entrepreneurial Unit", the base is engaged in building ecological service system around the growth cycle of enterprises by means of the combination of government guidance, market operation, spatial distribution, service support, technical support and complete facilities. In total, more than 300 enterprises have been cultivated. Meanwhile, more than 2,000 people have been employed and the operating revenue has exceeded 1 billion yuan and the tax 15 million yuan.