Page 182 - 2021 White Paper
P. 182
1 White Paper on the Business Environment in China
highest readings in the innovation development Divergence expanded with Shenzhen, Zhuhai and
index, followed by Dongguan, which showed the Dongguan as leaders
most improvement from being one of the last three
cities in 2013 to one of the leaders. Shenzhen stands Greater Bay Area Innovation Development Index
out in having one of the highest scores in enterprise
capital expenditure on R&D, reflecting its massive Source: Guangdong Bureau of Statistics
private sector in the technology sector. The city
also has strong R&D manpower and an innovative Among the nine mainland cities in the GBA,
environment, consistent with its profile as China’s however, the study found that the divergence in
technology hub and the obvious leader in the GBA in industrial development actually widened between
terms of innovation. 2013 and 2018, with Shenzhen being the obvious
leader. As a whole, the VAI of high-tech industry
Shenzhen’s technological progress is characterized amounted to 35.8% of total VAI in 2018, with only
with a strong innovative environment and labor Shenzhen reaching the official target at 50%. The
supply traditional manufacturing hub of Guangzhou and
Foshan, in particular, have been flagged for needing
Innovation Development Index (Shenzhen) more improvement in innovation and technology
development.
Source: Guangdong Bureau of Statistics Most of the cities in the region still fall short of
meeting the technology growth target
Zhuhai also has one of the more “tech-ready”
economy with strong R&D manpower and an High-tech industry as a percentage of
innovative environment, but while Shenzhen’s focus total industry above designated size
is on electronics and communication equipment, it
is more specialized on the biomedical industry. With Source: Guangdong Bureau of Statistics
an official target for the size of the industry to reach
RMB80-100b in 2020, Zhuhai’s VAI growth has been
one of the leaders in the region in recent years.
Dongguan, meanwhile, has a relatively late start in
innovation and technology development but its 2018
score in patent and new product output was almost as
strong as Shenzhen. The process began in 2012 with
government-led initiatives to upgrade the industrial
sector from its traditional role as a hub for processing
trade. The initiatives included tax concessions, R&D
subsidies, seminars and exhibitions to support
the city’s community of mainly private and smaller
enterprises in technology10.
10 news.southcn.com/gd/content/2020-01/17/con-
tent_190084453.htm
182
highest readings in the innovation development Divergence expanded with Shenzhen, Zhuhai and
index, followed by Dongguan, which showed the Dongguan as leaders
most improvement from being one of the last three
cities in 2013 to one of the leaders. Shenzhen stands Greater Bay Area Innovation Development Index
out in having one of the highest scores in enterprise
capital expenditure on R&D, reflecting its massive Source: Guangdong Bureau of Statistics
private sector in the technology sector. The city
also has strong R&D manpower and an innovative Among the nine mainland cities in the GBA,
environment, consistent with its profile as China’s however, the study found that the divergence in
technology hub and the obvious leader in the GBA in industrial development actually widened between
terms of innovation. 2013 and 2018, with Shenzhen being the obvious
leader. As a whole, the VAI of high-tech industry
Shenzhen’s technological progress is characterized amounted to 35.8% of total VAI in 2018, with only
with a strong innovative environment and labor Shenzhen reaching the official target at 50%. The
supply traditional manufacturing hub of Guangzhou and
Foshan, in particular, have been flagged for needing
Innovation Development Index (Shenzhen) more improvement in innovation and technology
development.
Source: Guangdong Bureau of Statistics Most of the cities in the region still fall short of
meeting the technology growth target
Zhuhai also has one of the more “tech-ready”
economy with strong R&D manpower and an High-tech industry as a percentage of
innovative environment, but while Shenzhen’s focus total industry above designated size
is on electronics and communication equipment, it
is more specialized on the biomedical industry. With Source: Guangdong Bureau of Statistics
an official target for the size of the industry to reach
RMB80-100b in 2020, Zhuhai’s VAI growth has been
one of the leaders in the region in recent years.
Dongguan, meanwhile, has a relatively late start in
innovation and technology development but its 2018
score in patent and new product output was almost as
strong as Shenzhen. The process began in 2012 with
government-led initiatives to upgrade the industrial
sector from its traditional role as a hub for processing
trade. The initiatives included tax concessions, R&D
subsidies, seminars and exhibitions to support
the city’s community of mainly private and smaller
enterprises in technology10.
10 news.southcn.com/gd/content/2020-01/17/con-
tent_190084453.htm
182
