China Information

Thursday, January 18, 2007

Four transnational magnates settle in Guangzhou Science City

Recently four top international high-tech enterprises Microsoft, Intel, IBM and Besco held signing ceremony for investment agreement in the Science City and officially settled in Guangzhou Science City. Total investment amounts to over 400 million US dollars. Guangzhou Science City is a core district of biggest area in Guangzhou High & New Zone. It aims at building a core science & technology district with international competitiveness that can serve as a critical platform for Guangzhou city to implement its development strategy to become a city of innovation, and to facilitate regional independent innovation and industrialization of high & new technology.

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