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Guangdong - Shenzhen High-tech Industrial Park

Published: 10 Apr 2009 16:01:09 PST

Shenzhen High-tech Industrial Park

 

Facts and Figures (2007)

Rating

 

Year of Establishment

1996

Land Area

11.5 km2

Location

Nanshan District, Shenzhen

GDP

RMB 32.7 billion (industrial added value), 25.1% up

FDI

N.A.

Utilized FDI

N.A.

Major Investors

Huawei, ZTE, Kingdee, Lenovo, TCL, IBM, Philips, Skyworth, Compaq, Epson, Lucent, Olympus, Harris Corp

Major Industries Encouraged

Electronics, information technology, biology, optical electromechanical integration, pharmaceuticals

Source: Administration Committee of Shenzhen High-tech Park  

 

Introduction

 

Shenzhen High-tech Industrial Park (Shenzhen HIP) was set up upon the approval from the State Council in 1996, and has a designated area of 11.5 km2. The park is certified by the regulative authorities as the "High-tech Products Export Base", and "China APEC High-tech Industrial Park".

 

Shenzhen HIP is located in Nanshan District in the western part of Shenzhen, a city bordering Hong Kong to the south. Nanshan District is within China's first special economic zone, the Shenzhen Special Economic Zone, which was established in 1980 and enjoys special economic policies and flexible government measures.

 

The park, merely half an hour's drive from the city center, enjoys the convenience of good transportation conditions in Shenzhen. Beijing-Guangzhou Railway and Beijing-Kowloon Railway intersects in Shenzhen, connecting Shenzhen with most major cities in China. It takes a mere thirty minutes from Shenzhen HIP to Shenzhen Bao'an International Airport, the fourth-largest airport on the mainland. The airport currently offers one-hundred and fifty-six international and domestic routes weekly. The park is also within half an hour's drive from Shenzhen Port, a port which handled 21.1 million TEUs in 2007, thereby ranking as the fourth-largest port in the world in terms of container throughput. 

 

When compared to other large cities, such as Beijing, Shanghai and Guangzhou, the civilian population in Shenzhen is smaller, and the number of colleges and universities is lower. However, Shenzhen has been attracting a large number of skilled workers and high-end talents to work in the city, due to the continuous efforts by the local governments and the fast economic growth.

 

Investment Climate

 

Shenzhen HIP focuses on the development of electronics, information technology, biology, optical electromechanical integration, pharmaceuticals and other high-tech industries. In 2007, the park realized RMB 191.3 billion gross industrial output, contributing over 13.8% to Shenzhen's total. The industrial output from high-tech industries rose 17.1% year-on-year to RMB 181.6 billion, comprising 23.9% of that of Shenzhen. The export value of the park hit US$8.5 billion, more than one eighth of Shenzhen's total.

 

Shenzhen HIP serves as headquarters to Huawei, ZTE, Kingdee, Skyworth and other large domestic high-tech firms. ZTE, set up in Shenzhen in 1985, is the largest listed telecoms manufacturer on mainland China. In 2007, the operational revenue of ZTE exceeded RMB 34 billion. Huawei was established in Shenzhen in 1988; its products cover networks, application and software, broadband access, site products, and other telecommunication equipments. The telecom equipment supplier has gained US$16 billion contract sales in 2007. The two companies are among the major domestic mobile equipment suppliers to China Mobile and China Telecoms, which are the largest fixed-line operator and the largest mobile service provider in China respectively.

 

The park has also attracted many large multinational companies for investment purposes. Examples of enterprises which have launched investments in Shenzhen HIP include IBM, Philips, Compaq, Olympus, Lucent, Thomson, et cetera. Notably, IBM moved IBM Procurement headquarters to Shenzhen HIP in 2006.

     

Shenzhen Software Park (Shenzhen SP) was built up in the Shenzhen HIP in 2001. In 2004, over five-hundred firms had entered the software park, including Tencent, MCM, Kejian ,Oaking, Guanri, Liming, Aspire-tech, and many other software developers. Shenzhen SP gained RMB 22.4 billion in software sales in 2004, accounting for 10% of China's total software sales in that year.

 

Shenzhen Virtual University Park is situated within the Shenzhen HIP. The University Park has attracted forty-eight foreign and domestic universities, providing many talents to Shenzhen HIP.

 

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