China Hi-Tech Industry
The international status of China’s high-tech industry has improved in the past decade. In 2007, the scale of the high-tech manufacturing industry in China was ranked second in the world
China vs the World
The international status of China’s high-tech industry has improved in the past decade. In 2007, the scale of the high-tech manufacturing industry in China was ranked second in the world, with high-tech products and new technology that produced around 20% of the international market.
To accelerate the transfer of scientific and technological achievements, and promote the development of high-tech industries, the Chinese government has implemented a series of policies. At present, more than 80 percent of the nation’s Hi-Tech strength has been involved in economic development work and the majority of scientific research institutes specializing in developing technology have gradually taken the path of independent development directed to market operations. In recent years, the volume of the nation’s technology market business has increased at an annual rate of more than 50 percent.
The new and high technology development zone has been developing rapidly. This type of country-level development zone is now number 53, and is home to more than 20,000 companies, with a total of more than 100,000,000 employees. The per capita output value of most companies exceeds 100,000 yuan. Among them, 1,252 registered annual production values of more than 100,000,000 yuan, 143 more than 1,000,000,000 yuan and six more than 10,000,000,000 yuan. Some 600 research achievements above the provincial / ministerial level have been included for use in production in the zone.
The non-governmental company Sci-Tech has also made great progress. Some of them have become group companies with annual output values for songs of several hundred million or something up to several billion yuan. High-tech products now occupy more than 50 percent of the domestic market for these products.
Establishing an export base for new and high-tech products in selected new countries and high-tech industrial development zones is an important part of the plan to develop trade by means of science and technology that works and is implemented by the Chinese government. Beijing Zhongguancun Science and Technology Park and 16 new countries and high-tech industrial development zones in Tianjin, Shanghai, Heilongjiang, Jiangsu, Anhui, Shandong, Hubei, Guangdong, Shaanxi, Dalian, Xiamen, Qingdao, Shenzhen and Shenzhen have been established as the first group of export bases, thanks to their rapid overall development, both the hard and soft environment, and the rapid increase in the volume of new exports and high-tech products. In 2001, the volume of Chinese exports of these products came to US $ 46.46 billion worth, and made up 17.5 percent of the total export volume in foreign trade.
China Hi-Tech Fair (CHTF) is a state-level, international Hi-Tech event that is held every year in October in Shenzhen. This was approved by the State Council of the People’s Republic of China and was jointly organized by nine government departments and the people’s municipal government of Shenzhen. This is one of the most influential events for the high-tech sector in China