In recent years, Longquan has adhered to the guidance of the Scientific Outlook on Development and the main line of "innovation driven economic transformation". It has established the concept that technology is the primary productive force and innovation is the primary competitiveness, encouraged enterprises to grow and strengthen, and increased efforts to promote the rapid development of high-tech industries. To this end, the Municipal Party Committee and Municipal Government have successively issued a series of encouraging policies, including the Decision on Promoting New Industrialization Based on Industrial Strength, Several Opinions on Deepening the Strategy of Industrial Strength and Promoting New Industrialization, and Several Opinions on Implementing the "Longquan Automobile Parts Industry Billion Action Plan" Financial Support. The Municipal Science and Technology Bureau, Economic and Information Bureau, Development and Reform Bureau and other departments actively carry out the project of cultivating high-tech enterprises. By guiding enterprises to carry out industry university research cooperation, increasing investment in scientific research funds, organizing enterprises to apply for and implement national, provincial, and municipal level scientific and technological projects, conducting scientific and technological achievement appraisal and scientific and technological progress award application, etc., the pace of enterprise technological transformation and upgrading has been accelerated. The output value and proportion of high-tech industries have significantly increased, greatly enhancing the core competitiveness and innovation ability of enterprises. The scientific and technological level of most enterprises above a certain scale in the city has reached a new level.

Since the successful application of Zhejiang Santian Filter Co., Ltd. and Zhejiang Chuangxin Automotive Air Conditioning Co., Ltd. as national high-tech enterprises in 2010, the Longquan Municipal Party Committee and Government have provided strong support and tilt in terms of financial incentives, scientific and technological investment, and tax incentives. The enterprises have developed rapidly, which has fully mobilized the enthusiasm of enterprises in the city for scientific and technological innovation. Some advantageous enterprises are also actively applying for national high-tech enterprises. As of now, twelve enterprises, including Zhejiang Guojing Pharmaceutical Co., Ltd., Zhejiang Shike Automotive Parts Co., Ltd., Zhejiang Jinfeng Machinery Equipment Co., Ltd., Longquan Zhongtian Refrigeration Equipment Co., Ltd., ZHEJIANG CHUANGLI Autonomous Air Conditioner CO., LTD., Zhejiang Baijia Automotive Air Conditioning Co., Ltd., Zhejiang Jilisi Automotive Air Conditioning Co., Ltd., Zhejiang Lifeng Machinery Parts Co., Ltd., Zhejiang Delwei Engineering Machinery Equipment Co., Ltd., Zhejiang Guangli Engineering Machinery Co., Ltd., Zhejiang Longteng Air Conditioning Co., Ltd., and Zhejiang Shanfeng Automotive Air Conditioning Co., Ltd., have passed the joint review of the municipal finance, national tax, local tax, and technology departments, and have now entered the market. Expert review stage.