Shenzhen’s industrial parks expand

Writer: Han XImin  | Editor: Holly Wang  | From: Shenzhen Daily | Updated: 2019-08-16

The city’s State-owned enterprises have set up and managed 210 different types of industrial parks nationwide to improve their capabilities in acquiring and allocating technological resources and expanding into domestic markets.

Forty-nine of the industrial parks are technology parks, sources from the Shenzhen Municipal State-owned Assets Supervision and Administration Commission showed.

Shun Yip Group has developed and managed 43 industrial parks, half of which are in the Guangdong-Hong Kong-Macao Greater Bay Area. At Shenzhen High-tech Industrial Park, which was established in 1991 as part of the first batch of technology parks on the Chinese mainland, more than 100 technology companies have settled in an area of 1.12 square kilometers. The GDP output of enterprises in the park reached 80 billion yuan (US$11 billion) in 2018. Some enterprises, like Huawei, ZTE, China Great Wall Computer Shenzhen Co. Ltd., Lenovo, Kexing and Changyuan Materials, were grown in the area and have become known around the country and the world.

The Terra Industrial Park in Chegongmiao, operated by Shun Yip, houses more than 5,000 startups and research companies.

So far, the company’s industrial parks nationwide have attracted 17,275 enterprises, including 179 listed companies and 19 Fortune 500 enterprises.

Shenzhen Bay Science and Technology Ecology Park is one of the parks invested in and managed by Shenzhen Investment and Holding Co. By the end of 2018, the industrial park had attracted 1,000 innovative and high-growth enterprises. Shenzhen Software Industrial Base has accumulatively realized 120 billion yuan in industrial output.

Shenzhen SEZ Construction and Development Group was commissioned for the construction of Shenzhen Industrial Park in Guang An, Sichuan Province. After three years of construction, the Guang’an (Shenzhen) Industrial Park has been put into operation and well-known Shenzhen-based enterprises, like Amer and BYD, have set up businesses in the industrial park. At a business invitation conference in Shenzhen this March, Guang’an inked 48 deals involving 17.3 billion yuan with enterprises, most of which are based in Shenzhen, for projects covering the equipment manufacturing, electronic information and biopharmacy sectors.

The Shenzhen Town industrial park in Kashgar, which Shenzhen is designated to help in poverty-alleviation efforts, has attracted 305 units, including enterprises, administrative agencies, institutions and small businesses, and has provided 4,000 job opportunities.