|
Zhongguancun Electronics Avenue
In the northwest suburb, Zhongguancun Electronics
Avenue refers to the area from Baishiqiao Road to Haidian Road. As 80%
of the business here is in the field of electronics, it has become
Beijing’s “Silicon Valley.” There are more than 50 institutions of
higher learning in the neighborhood. In addition to the Chinese
Academy of Sciences, there are 138 research centers, which employ
approximately 80,000 technicians. College students and research
workers here come to around 100,000; of these posts-graduates make up
16,000. Since the founding of New China, government
investment in this area has already reached 10 billion yuan. The scope
of its products continues to grow, and the market has begun to boom.
In 1983, there were only 11 high-tech firms in the area; in 1984 the
number grew to 40; by 1985 there were 90. And by the end of 1987,the
number of independent scientific and technical firms on the avenue
totaled 148. The firms fall into three broad categories:
(1) National or collective companies set up by state
organizations, scientific academies or institutions of higher
learning; (2) Collective companies managed and operated
by holding basis. These ventures combine the investment of scientific
research organization and work units in the Haidian area;
(3) Collective corporations organized by technicians and individuals. |
