Amazon's cloud-computing division launched its first joint innovation service center on Tuesday in the eastern Chinese city of Qingdao, seeking to attract the world’s outstanding innovative enterprises to enter.

The Qingdao-Amazon Web Services (AWS) center aims to provide cloud-computing services, including web services, new technologies such as cloud-computing and big data, and capital and services support, to global startups.

Rong Yongkang, AWS Global Vice President and AWS China Executive Director said the center would fuel Qingdao's innovation and development with its global superior resources, realizing the optimal allocation in talents, technologies, funds and markets.

"In the next five years, the center will work with Qingdao government to support 750 innovation firms," said Rong, also mentioning its role in helping local traditional businesses to transform.

The coastal city in Shandong Province has been tipped for its strong research and development potential. Rong said the center would work with the city government to set up a cloud-computing innovation institute to train professionals.

The Licang District government in Qingdao has teamed up with Vancoo Commerce Internet Industry (Qingdao) Co. Ltd., a private local firm, on a one-billion-yuan (145 million US dollars) fund that will support the Amazon center's innovation services.

(Source: Xinhua)