Hi-tech Industry Conference

Huang Huahua, Governor of Guangdong Province

High-tech enterprises receive awards

Guangdong government reveal their plan for further promotion of the hi-tech industry with a target that hi-tech output value reach 2900bln Yuan in 2010 in the Hi-tech Industry Conference held in Guangzhou on September 13th.

Huang Huahua, Governor of Guangdong Province, reviews the strategies Guangdong has utilized and analyzes the present situation of hi-tech industry. He points out that Guangdong thinks highly of hi-tech industry, and the high-tech industry has become primitive economic growth drive.

In 2003, Guangdong¡¯s high-tech industry output value hit 644.109bln Yuan, up 37.1% over 2002 or accounting for 23.5% of the total industry output value. It ranks 1st in China in export of high-tech product with a value 48.174 bln Yuan and a growth of 55.6%. Till 2003, 1704 patented hi-tech products see an output value of 383.23bln Yuan. The ratio of hi-tech products exportation against total goods exportation is greatly improved.

Guangdong¡¯s hi-tech sections have distinctive features: External source is well utilized, with electronic and IT industry plays a leading role. Private economy grows swiftly and enterprises become the main drive of technology innovation. But Guangdong is still in short of hi-tech human resources and large-scale leading enterprises.     

The government set a target that the high-tech output value shall reach 2900bln Yuan in 2010, and 8000bln Yuan in 2020, science and technology shall be the key factor for Guangdong¡¯s prosperity. Sharpening the international competitiveness by better foreign investment utilization and famous local brand cultivation are essential to the realization of the target.

Besides, 50 outstanding high-tech enterprises are awarded in the conference, including Soutec Technology Co., Ltd., TCL Corporation, Huawei Technology CO., Ltd., ZTE Corporation etc.

Editor: Olivia