Mon, Nov 20, 2000 - Page 8 News List

China hi-tech park still just a plan

By Hsu Tung-ming 許東明

Areas in southern China have already begun to join the ranks of the hi-tech industry. Businesses in the south, however, do not have a bloated image of themselves and fully understand that their competitive advantage lies in cheap labor. As a result, these firms do only low-end jobs, making use of their advantage. Beijing, on the other hand, proposes a set of macro plans whenever it wants to develop something and then tries to keep the whole nation's resources in its grip.

Will Zhongguancun become"China's Silicon Valley?" Or is it just a concentration of hi-tech talent? The challenge, it seems, has only just begun.

Hsu Tung-ming is a freelance writer based in Beijing.

Translated by Scudder Smith

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