Chapter 14 11. Technology Development Zone

China's 56 major high-tech industrial development zones guide the country's industrial innovation and play an important role in economic and social development. In order to stimulate the economy, encourage innovation, and develop high-tech, China has created a number of special zones, free zones, and science and technology parks. These ad hoc regions play a key role in China's industrial innovation.They are relevant to administrations, the financial world, laboratories, universities, companies and research projects. The Chinese tend to the cluster principle, focusing on the development of a high-end economic field.

Concentrated regional operations revitalize entire regions that were once impoverished or deindustrialized.These priority projects are mainly aimed at some key areas, which themselves have the characteristics of high technology. These zones cover various fields: optics, chemistry, robotics, computing, software, energy, biotechnology, health, aerospace, nanotechnology, information technology, and more.Simply too many to list! These new areas of development have received public support to advance research.The state launched this policy to achieve the purpose of attracting investment.This has resulted in the result of the clustering and development of enterprises.

For example, in Hubei Province, the "Optics Valley" Park is positioned as the largest technology center in the field of optoelectronic information in China.There are 1,000 enterprises in the park, and there are many research institutes, university centers and famous laboratories. There are also special economic zones, free export zones, new industrial centers and policy priority zones.These regions are developing as well as innovating.Each zone has its own characteristics: experimental area, pioneering field, unique status, diverse technologies, etc. The World Bank asserts that, like certain industrial centres, SEZs contribute significantly to gross domestic product.

These special economic zones promote employment, exports, foreign investment, and the application of modern management. In 2007, these industrial parks and special zones generated 22 percent of China's GDP, represented 46 percent of foreign investment and 60 percent of exports. They are generators of employment, innovation and economic growth.The emergence and development of these special zones represent the desire of the public to modernize the country.They show China's reform path.