Chengdu High-Tech Zone

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2001-01-01

CHENGDU High and New Technology Industry Development Zone, the first such
entity in Sichuan, and among the first of its kind in China. was founded in March 1991 at the approval of the State Council. As a joint endeavor of both Chengdu City and Sichuan Province, the zone has rapidly developed over the past decade, establishing the Enterprises Service Center, the High and New Technology Innovation Service Center, the Returned Overseas Students' Enterprise Park, and the Doctors' Enterprise Park. It has also formed an incubator conglomerate with certain universities and research institutes.

The administration of the zone interprets its responsibility of administration in terms of service. It is the first zone to exercise a tri-system, composed of the primary responsibility system (the first person consulted being held responsible), the per-son-in-charge responsibility system, and the fault penalty system. These practices have resulted in an efficient work style, and contributed greatly to the introduction of investments.

The Chengdu Doctors' Enterprise Park, the first of its kind in China, now accommodates 5 enterprises, whose founders include 70 doctorate holders, 20 postdoctoral researchers and one academician. The Returned Overseas Students' Enterprise Park has 35 enterprises, and it recently successfully undertook the First National Annual Network Meeting of the Returned Overseas Students' Enterprise Parks.

The Zone has accomplished a great deal in propelling the application and commercialization of lab achievements through its incubator conglomerate, which
has attracted several incubation projects and appreciable capital. The 6, 200-square-meter Incubation Building has housed over 200 projects, and the incubation success rate is higher than 85 percent. One example is the Guoteng Communications Co., Ltd., which obtained the China telecommunication s network access permit the same year it entered the incubator. Within two months, its output value reached 26 million yuan. It is the only Chinese enterprise that owns full intellectual property rights in the IC public phone field. Today its output value stands at 500 million yuan.

The zone has nurtured a group of large, technology-oriented enterprises that hold full intellectual property rights. Diao Pharmaceuticals Group, started 10 years ago with a loan of 600,000 yuan, has ranked first year after successive year in the province, in terms of growth rate and composite economic result. It took Chengdu Siemens Optical Cable Co., Ltd., only one year to complete its whole process of registration to full installation of company facilities in the zone. It started to make profits the second year of its operation. Siemens acknowledges this company as one of its most successful partnerships in China. Today the zone has 306 foreign-invested enterprises, including 11 investors listed among the world's top 500. They are mainly engaged in electronic information, bio-pharmaceuticals and foodstuffs. The zone's electronic information enterprises have jolted their counterparts in other parts of China with their astonishing rate of growth, making Chengdu the second largest IT industry base in China, next only to Beijing.

In an effort to build itself into a strategic stronghold, Chengdu has set the IT industry as its top priority. Consequently the development zone has become the main vehicle of this priority. It puts emphasis on the development of electronic information, bio-pharmaceuticals , export processing and other advanced industries.

According to its future development plan, the zone will incorporate three functional
areas: a high and new technology industrial park for IT, pharmaceutical and other high-tech businesses, an education town for universities and schools of higher learning, and a comprehensive service area which will make living and working in the zone more convenient. The total planned area will cover 46.3 square kilometers.


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