Caohejing Hi-Tech park
Located in the south-west of Shanghai, Caohejing Hi-Tech Park, is only 11 km away from the city centre, and 7 km away from Hongqiao International Airport. Its total planned area is 6 square kilometres.
Caohejing Hi-Tech Park is a newly-emerged industrial zone that specialises in the development of computers and computer software, large scale integrated circuits and microelectronics technology, numerical controlled communication, precision instruments, bioengineering, space technology, and advanced-electronic technology. It consists of Caohejing Microelectronics Industrial Park, an instrument industry zone and a reserved land of 160 hectares.
Caohejing has a favourable natural environment. It has a
solid base in the electronic industry with 35 factories specialising
in the manufacture of electronic components, TV sets, electronic
instruments, metres, and equipment for post & telecommunications,
etc. Near the park, there are 20 universities and research
institutes which have sophisticated equipment and experienced
The infrastructure construction of four square kilometres
area in the park has been completed. Roads, bridges, water,
power and gas supply, and telecommunications facilities have
been built. There is a green belt of 1 km long and 20 metres
wide. A multi-purpose administration building with an area
of tens of thousands of square metres has been set up, providing
offices, restaurants, conference halls, hotels, banks, Customs,
taxation, and insurance services to enterprises within the
Caohejing Hi-Tech Park Development Corporation is responsible
for the construction of infrastructure and the management
of the park. The corporation can be contracted to design and
implement engineering projects, to provide services with respect
to storage, transport, business, training and residing, to
participate in the establishment of joint ventures and co-operative
joint ventures and in the provision of facilities and service,
to provide consultancy and agency services on introducing
foreign technology and capital.
By the end of 1995, 180 foreign-invested enterprises had settled in the park. The total amount of investment reached $1.06 billion, among which foreign investment was $0.7 billion. In 1994, the total sales of the enterprises here was RMB 9.2 billion. A lot of hi-tech enterprises have emerged during the recent years and the output value, profits, export amounts increase year by year. It is estimated that the output value of 1995 will exceed RMB 10 billion. An up-to-date hi-tech park, which attracts the attention of entrepreneurs all over the world, has already been opened up before our eyes.