Beijing Becomes China's Largest Technology Trading Center

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Last updated at: (Beijing Time) Friday, April 25, 2003

Beijing Becomes China's Largest Technology Trading Center

Beijing has reported China's largest trade volume in technologies last year, with a total contractual volume of over 20 billion yuan (2.4 billion US dollars.).

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Beijing has reported China's largest trade volume in technologies last year, with a total contractual volume of over 20 billion yuan (2.4 billion US dollars.).

Statistics show that Beijing's contractual technological trade volume accounts for one quarter of the national total, and is ten billion yuan (1.2 billion US dollars) higher than that of Shanghai,China's biggest industrial city.

Beijing's Zhongguancun, known as China's Silicon Valley for itslarge number of high-tech enterprises and research institutions, is the most important area for technology trading, according to the Beijing Technology Market Administration Office.

Trade in electronic information technology, biological engineering, new medicines, new materials and environmental protection continue to dominate the technology market.

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