Act Fast for the Future: The Zhuhai Special Economic Zone's growth strategy
Updated 12:43, 18-Jul-2018
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Trade friction, industrial shifts, even as world economies face uncertainties, one special economic zone in China is certain about its growth. As the Zhuhai Special Economic Zone hails its 1,000-fold GDP growth over almost four decades, people there say their development strategies will continue. Sun Ye reports.
Former Harvard researcher Tian Feng works to develop and produce so-called super-materials in the Zhuhai SEZ. They give these sheets special sheens, from technology on a nanometer scale. The kind of manufacturing affected by recent trade friction. Also the kind of manufacturing Tian says is the way to go.
TIAN FENG FOUNDER & CEO, PHOMERA METAMATERIALS "China-US trade friction, this is all we in the industrial chain talk about these days. It has a big impact. But as a manufacturer in an industry that's just starting off, our solution is one and the same: hone your own skills."
In a place that caters to industries of the future. He said the company has chosen to settle in the SEZ partly because the local government agrees it's important to always look toward to the future, and proactively help foster it. Like giving innovative enterprises every kind of IPR protection they envision, from tutoring to procedural conveniences.
WANG LI HENGQIN INT'L INTELLECTUAL PROPERTY RIGHTS EXCHANGE CENTER, ZHUHAI "We work to help the companies protect their proprietary technology and give them a boost in competence. The SEZ is heavily invested in promoting new industries."
SUN YE ZHUHAI "Zhuhai is also home to one of the country's first and best-performing hi-tech industrial development zones. Companies in the zone continued their double-digit growth and made 192 billion yuan(30 billion USD)worth of wealth last year."
And not just that, the Zhuhai SEZ, along with a few others in coastal areas, were initially set up almost 40 years ago as pilot zones. They work in a more flexible, forward-looking and open manner than elsewhere in China. Its innovation back then included operating China's first ever hotel with foreign investment, finding out profit margins and setting up pioneering factories. Its motto back then was "act fast and efficiently, and always innovate". A slogan still popular today.
TIAN FENG FOUNDER & CEO, PHOMERA METAMATERIALS "Efficiency is what we value most, and we look back for lessons to look forward."
That's still the SEZ's message here in the new era. SY, CGTN, ZHUHAI.