The Institute is located in the Hangzhou Medical Port Town, home to more than 1,600 famous biomedical enterprises at home and abroad. The Phase-I project with a land area of 80,000 ㎡ and a building area of 38,000 ㎡ has been completed and put into operation. The Phase-II project with a land area of around 58,000 ㎡ and a building area of 218,000 ㎡ will be designed as the Clinical Research Center and the Joint R&D Center to meet the needs of more than 1,000 researchers, doctors and entrepreneurs, essentially achieving an all-encompassing coverage of scientific research, technology transfer and industrial application.