Shenzhen Promotes Itself as A High-Tech Hub, as China Beefs Up Antitrust Credentials

Article excerpt


With an audience as full of Chinese citizens as of Americans, officials from the City of Shenzhen touted its appeal as a center for high-tech investment at a conference in New York City in October. Conference attendees heard Shenzhen officials and local business people describe the southern city- in Guangdong province- as the ideal location for high-tech, American-backed ventures. Guangdong has Jong been a major hub of low-cost Chinese exports to the world. With a highly educated workforce, modern infrastructure and proximity to Hong Kong, Shenzhen is transforming itself into a high-end exporting center, conference speakers said. They also promoted China's overall attractiveness and the industrial strengths of Shenzhen, industrial espionage and copyright infringement- key concerns for innovationdriven, patent-heavy high-tech ventures- were raised by members of the audience. In response, speakers said Chinese authorities have shown a commitment to improving legal enforcement of regulations ensuring fair competition. …