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China's high-tech zones show strong growth momentum in 2021

Xinhua Updated: 2022-02-28

China's national high-tech zones have shown strong anti-risk ability and growth momentum, a Chinese official said at a press conference on Friday.

The annual revenue of the country's 169 state-level high-tech zones is expected to exceed 48 trillion yuan (about 7.6 trillion U.S. dollars) in 2021, up about 12 percent year on year, said Shao Xinyu, vice minister of science and technology.

According to initial estimate, profits from these high-tech zones totaled 4.2 trillion yuan, a year-on-year increase of about 17 percent, Shao added.

He also noted that the national high-tech zones have contributed about 13 percent of China's GDP with only 0.1 percent of the country's land area.

To enable high-tech zones to play a more effective role in fostering new and high-tech industries and promoting high-quality development, China will continue to support these zones in expanding and strengthening leading industries with distinctive features, and foster a number of world-class innovative industrial clusters, Shao said.

The country will also support the zones in building diversified application scenarios, foster emerging and future industries, and promote intelligent, green and low-carbon industrial development.

Shao added that China will further deepen reform and foster an enabling environment for innovation and entrepreneurship.

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