BGI, one of the world's biggest genomics companies, is making efforts to promote innovation in the industry by creating Miracle Light, the only incubation platform in the world that focuses on the genetics industry.

"Innovation and entrepreneurship that meet a fundamental need of human development will definitely lead us to a new path," Wang Jian, president of BGI, said at the ceremony marking its launch on Sunday. He said the incubator, which is located in an industrial park in Shenzhen's Nanshan district in Guangdong, aims to provide an open and innovative platform on which scientific research, technological development and industry resources can be integrated together to promote development of the industry.

Liu Liang, chief executive officer of Miracle Light, said human resources, capital and marketing are the three main problems the incubator strives to solve.