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Created in 1988, the HSP has been growing at an annual rate of 30%
right from the outset. HSP now contributes 8.37% to the GDP of Beijing
including 22.5% in industrial sales and an astounding 60% towards
industrial growth. It boasts more than 6000 new high-tech enterprises
with a combined staff of over 100,000. This includes 70 enterprises
whose sales exceed 100 million yuan and eight whose sales exceed 1
billion. The number of R&D projects undertaken between 1992 and 1996
totaled 11,152, a large percentage of which were among the world’s
most advanced in their respective fields. With new materials and
products as the backbone, the presence of the HSP has virtually formed
a high tech infrastructure creating synergy between the electronics
and IT sectors as well as biological and pharmaceutical engineering.
The Legend Group, the Stone Group, the Founder Group, Tsinghua
Unisplendor and Tsinghua Tongfa are typical examples of the fast
growing Chinese high-tech enterprises in the field. Many of them have
won not only a considerable share of the domestic market but are also
enjoying extensive overseas market share. Multinational corporations
such as IBM, Hewlett-Packard, Hitachi and many others have either set
up their own R&D centers or invested in joint ventures in the HSP. The
economic index of the HSP ranks top in all 53 high tech zones tracked
in China. The HSP has also set a milestone in infrastructure
development by putting e-government into practice throughout every
aspect of its operation.
Please refer to the diagrams
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