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Last updated at: (Beijing Time) Thursday, May 23, 2002

China Maintains Strong High-Tech Export Momentum

China's export of high-tech products has gathered momentum since the country's accession to the World Trade Organization (WTO) at the end of last year.


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China's export of high-tech products has gathered momentum since the country's accession to the World Trade Organization (WTO) at the end of last year.

China's most important export powerhouse, Guangdong Province, accounting for over 30 percent of the country's exports, registered an 18.2 percent year-on-year increase in exports during the January-April period, which reached 33.12 billion U.S. dollars worth. Of this, 8.58 billion U.S. dollars worth of exports came from high-tech products.

The Pearl River Delta region in Guangdong has become China's most dynamic high-tech new technology development and production center and yields nearly 90 percent of the province's high-tech exports.

The province's high-tech output has sustained an annual growth rate of over 33 percent for five years and rose to 350 billion yuan last year, 43 times higher than in 1991.

An electronic information industry center has emerged on the east bank of the Pearl River with Shenzhen, Dongguan and Huizhou as the production bases. The west bank of the river has become an electric appliance industry center with cities like Guangzhou, Foshan Jiangmen and Zhuhai as leading production centers.

The province's exports have been boosted by the construction of six state-approved high-tech development zones, two state-approved software zones and one university science and technology park in the delta region, where 12 of the state's most important high-tech research development projects have their commercial centers based.

In the 2001 China Report on Regional Innovative Ability published by the China Science and Technological Development Strategy Group, Guangdong ranked the third for its technological innovation strength, following Shanghai and Beijing.

Guangdong's technological innovation is mainly carried out by R& D centers affiliated to corporations, whose investment in development took up 70 percent of the province's total 24.88 billion yuan technological research funding last year.

Patents registered by high-tech firms in Guangdong account for nearly half of the country's annual patent applications.

Goldman Sachs International forecast that the world's next Silicon Valley will emerge in Guangdong, which has taken over Taiwan's role as the world's most important computer parts production center.



Mechanic & Electronic Products I/E Administration



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