Representatives of Lyuliang's municipal government and Taiyuan University of Technology unveil the nameplate of the Lyuliang Institute of Industrial Technology of Taiyuan University of Technology on Jan 17. [Photo provided to chinadaily.com.cn]

Lyuliang city in western Shanxi province will cooperate with Taiyuan University of Technology on tech innovation and talent cultivation over the next 10 years, according to a strategic partnership agreement signed on Jan 17.

According to the agreement, Lyuliang will raise at least 100 million yuan ($15.46 million) each year for joint projects with Taiyuan University of Technology in response to the city's major development needs.

The two sides will integrate resources, jointly build innovation platforms, promote the transfer and commercialization of scientific and technological achievements, enhance enterprise research and development and advance the R&D of standard industrial technology. They will also strengthen the construction of professional teams and think tanks to support Lyuliang and the university's high-quality development.

On the same day the cooperation agreement was signed, the Lyuliang Institute of Industrial Technology of Taiyuan University of Technology was founded. The institute will serve as the primary platform for collaboration between the two parties and will be specifically responsible for implementing the relevant matters of their cooperation projects. It will also promote the general partnership between the university and the enterprises, institutions and government departments in Lyuliang.

In recent years, Taiyuan University of Technology has regarded serving Shanxi's industrial transformation as its fundamental task and has carried out a series of matchmaking activities with State-owned and private enterprises and government departments.

Since August 2020, the university has signed cooperation agreements with 10 State-owned enterprises and six private companies in energy development and utilization, intelligent coal mining equipment, new materials and big data. Partnerships with several county-level government departments in Shanxi and nine universities were also established and advanced.