Monday, February 14, 2022

Hi-tech park in SZ expands

 This year marks the 40th anniversary of the Shenzhen Special Economic Zone. To mark the occasion, we are publishing a series of reports celebrating the city’s achievements in different aspects over the past four decades.


AS a hotbed of high tech, the city’s pillar industry, the Shenzhen Hi-Tech Industrial Park has expanded from its core location in Nanshan District into an area of 159 square kilometers encompassing several separate locations, including Pingshan, Longgang, Bao’an and Longhua districts.


The expanded Shenzhen Hi-Tech Industrial Park is one of six national pilot zones for building world-class high-tech parks and is the second-largest national high-tech zone in terms of size. It ranks No. 2 in GDP among the 157 national high-tech parks, surpassed only by Zhongguancun in Beijing.


Shenzhen’s high-tech industry started in 1996 in Nanshan after the Shenzhen Hi-Tech Industrial Park, an area of 11.5 square kilometers, was approved by the State science commission.


In 2002, the industrial output value of the city’s high-tech industry reached 71.9 billion yuan (US$10 billion), equal to about 20 percent of the city’s total industrial output.


In 2011, the industrial output value of the Shenzhen Hi-Tech Industrial Park reached 405.4 billion yuan, 40 times its value from when it was founded in 1996.


It yielded 24.4 billion yuan of GDP and 4.3 billion yuan of tax revenue per square kilometer in 2018, the greatest share among its counterparts in the country.


The expanded high-tech park has five locations, and houses more than 60 percent of Shenzhen’s total number of high-tech enterprises.


The zone’s Nanshan park is intended to develop into the main comprehensive national-level science center of the Guangdong-Hong Kong-Macao Greater Bay Area.


The zone’s Pingshan park, occupying 51.6 square kilometers, is the largest of the five parks. The Pingshan park will be a pioneer and an experimental field in park design, industrial spatial development, innovative ecological systems and institutional mechanisms, as well as a base for upgrading Shenzhen’s advanced manufacturing industry.


The expanded Shenzhen Hi-Tech Industrial Park will be a world-leading high-tech industrial park, an important base for high-end industries, a key area for innovation and a key node of the Guangzhou-Shenzhen-Hong Kong-Macao Innovation Corridor.


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