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Endogenous Growth in National High-tech Zones

On July 5th, Vice Minister CAO Jianlin made the first lecture series on the 2007 “Innovation Forum” held by Peking University and Mitsui & Co., LTD. He pointed out that the national hi-tech zones, as one of the economic miracles in China, are transforming to the “endogenous” growth model which is market-oriented and innovation focused. The Chinese government will promote the development of this new model in hi-tech zones by creating an innovation-friendly environment, seeking for an endogenous growth mechanism and enforcing innovation in hi-tech parks. It will also facilitate the industrial transformation, carry out hi-tech industrial policies, foster sustainable development and achieve harmony in those national parks.