Xiamen University and Kaiyuan District High-Tech R&D Center was inaugurated on March 27, 2000, under agreement reached between Xiamen University and the local government of Kaiyuan District. Making "Innovation, Practicality, Growth and Effectiveness" as its purpose, the Center takes advantages of the research strength of Xiamen University and other local research institutions and the excellent police, technological and business environment of Kaiyuan District to promote the creation of science and technology, the commercialization of achievements in scientific research; to attract the experts and scholars in China and abroad to invest and perform their pioneering business here.
For the commercialization and industrialization of the achievements in scientific research two strategically linked sister companies are organized within the Center, which are: B & C Technology Co., Ltd and International Hi-Tech Inc.