As China’s Silicon Valley, the Haidian Science Park is home to many of
China’s most influential players in the new economy. Pioneers in any
arena take risks but the returns for investing in the HSP have been
outstanding. Already there are over 150 companies in the HSP whose
overall turnover for 2000 exceeded 100 million yuan. (That’s $12.2
million USD)
For the past ten
years annual growth in every economic index has exceeded 30% for
companies established in the HSP. In 1999, Haidian Science Park
accounted for 8.37% and 22.5% of Beijing’s GDP and the industrial
output respectively. High-tech enterprise has worked synergistically
with traditional industry, setting both on a fast track for
development. The Haidian Science Park has become the new engine for
Beijing’s economic growth.
An array of heavyweight business groups, such as the Legend Group, the
Founder Group, and the Thunis Group to name a few, have gotten their
start at the HSP. They’re geared to international standards in market
capitalization, technology, research, and management and these groups
now have a foothold in the international market.
Companies
For the past ten
years annual growth in every economic index has exceeded 30% for
companies established in the HSP. In 1999, Haidian Science Park
accounted for 8.37% and 22.5% of Beijing’s GDP and the industrial
output respectively. High-tech enterprise has worked synergistically
with traditional industry, setting both on a fast track for
development. The Haidian Science Park has become the new engine for
Beijing’s economic growth.