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Guangdong: Over 1 Trillion Yuan in High-tech

2011/02/24

Shenzhen's high-tech sector had more than 1 trillion yuan ($151.9 billion) in industrial output in 2010, a record high in the city's history and a 19.61 percent rise over 2009.

Electronic information produced the biggest share, more than 80 percent of local high-tech industrial output.

The southern city will continue to enhance its edge in innovation, upgrade industries and improve competitiveness in core technologies in the next five years, said Mayor Xu Qin.

High-tech industries are projected to contribute 35 percent of the city's GDP in 2015. Total investment in research and development in the city is expected to then account for about 4 percent of the GDP.

Source:China Daily




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