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China Daily (USA): Hi-tech zones up the game

High-tech parks play an important role in China’s economy. Andrew Moody looks at the northwestern Chinese city of Xi’an. The home for more than 20,000 high-tech companies, the city should soon get new trade links with central Asia and Europe. Peter Williamson, Honorary Professor of International Management at Cambridge Judge, says companies in these business parks first need to have links to industries in the area: “It is not a matter of building great facilities and thinking you have a science park that can then produce innovation. You have to leverage something that is already there. This could be a university or a cluster of existing companies.”

Read the full article [usa.chinadaily.com.cn]