"Little Giants" companies are leading technology-based SMEs with annual production value over 1 hundred million.
They are mostly distributed in the field of strategic emerging industries including aerospace, biomedicine as well as new energy.
Tianjin, one of the biggest industrial port cities in China, launched the cultivation project in 2010 as part of its efforts to support the development of technological enterprises of small and medium size.
Under the project, the number of "little giants" companies has amounted to 1800, an increase of 1000 compared to 2010.
The rise has given a great boost to the municipality's economy, with the total industrial output value of SMEs reaching 860 billion, accounting for 34 percent of the city's total.
Tianjin Technology Entrepreneurship Services Center is one of the earliest institutions in China to provide services for technology-based SMEs.
The so-called "business incubator", which was introduced from overseas, was designed to help emerging growth companies survive and grow during the startup period when they are most vulnerable.
Ma Fengling is the Director of the center.
"First, with full understanding of the overall development of Tianjin's technology-based SMEs, we provide full-range consultation to emerging companies. The second, we host or co-host training programs and seminars on the theme of starting a business, financing, as well as innovation."
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