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Wednesday, May 10, 2000, updated at 13:29(GMT+8) | |||||||||||||
Business | |||||||||||||
China's High-Tech Zones Increasingly Important to EconomyThe 53 state-level high-tech development zones in China reaped 63.1 billion yuan of gross profits last year, indicating their growing role in the country's economy development.Statistics show that since their establishment in 1988, the zones' industrial output value, gross profits and foreign trade earnings have grown 79.8 percent, 69.4 percent and 73.5 percent, respectively, on an annual basis, far exceeding the growth rate of other sectors. High-tech zones should focus on quality improvement and give priority to personnel training, said officials and experts at a forum on High-tech zones held here on Tuesday. It is also important to encourage creation, competition and a risky spirit so as to effect a better performance of the zones, they said.
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