City keen on Zhangjiang High-tech Park development
15/5/2003 15:07
The Zhangjiang High-tech Park is expected to become China's top-ranking
high-tech park by the end of 2005 and become renowned worldwide by 2010,
according to the fourth conference held by the park leaders
yesterday.
The Zhangjiang High-tech Park has undergone rapid development
since the city focused on Zhangjiang development three years ago, introducing
476 projects, 5.4 times as many as the past seven years. The park has attracted
US$7.97 billion in investments, 7.7 times as much as the past seven years, with
US$6.57 billion in foreign investments.
Fixed asset investments in the
park amounted to 24.45 billion yuan (US$2.94 billion) over the last three years,
output value reached 15.44 billion yuan and tax revenue reached 1.574 billion
yuan, with 7.2 square kilometers of land developed. These four figures are 7.7
times, 5.7 times, 1.8 times and 6.8 times greater than in the past seven years
respectively.
The strategy focusing on Zhangjiang development has yielded
great achievements over the past three years, said Mayor Han Zheng, a member of
the leaders group. "It is a breakthrough, but we should make further
improvements," Han said.
Zhangjiang High-tech Park is expected to spur
local economic growth by introducing advanced technologies and projects to the
integrated circuit, software development and biopharmaceutical sectors, Han
said.
"Technological innovation is the key factor to improve Zhangjiang's
competitiveness," Han said.
"Zhangjiang is far behind the world's top
high-tech parks, especially in technological innovation, so we should introduce
renowned research institutes from home and abroad," Han added.
All local
departments should help Zhangjiang clear obstacles to development, he
said.
Wendy Zhang/ Shanghai Daily news
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