In July 28, 2008, the Ministry of science and technology, the State Council SASAC and the all China Federation of trade unions held a working conference on innovative enterprise construction in Beijing, jointly issuing the first batch of "innovative enterprises" list.

After 91 years of pilot work, Yantai Wanhua polyurethane Limited by Share Ltd and other enterprises were named as the first batch of innovative enterprises in the country.

Around the construction of innovative enterprises, the Ministry of science and technology, the State Council SASAC and the all China Federation of trade unions have established a close coordination and joint propulsion mechanism. The central ministry, the Ministry of finance, the Ministry of education and the State Development Bank have also strongly supported the work in various forms.

At the same time, a central and local linkage mechanism has been formed.

At present, the construction of innovative enterprises has been widely promoted throughout the country, and nearly 2000 enterprises in various localities are conducting pilot projects.

Building innovative enterprises is a long-term and arduous historical task.

The Ministry of science and technology, the State Council SASAC and the all China Federation of trade unions have indicated that the next step will be to strengthen the classification guidance with the relevant departments in view of the different needs of innovative enterprises and pilot enterprises, continue to give support, and guide all kinds of innovative elements to gather into enterprises, so as to create the top 500 Chinese innovative enterprises with international competitiveness.