OPERATION OF NEW AND HIGH-TECH DEVELOPMENT ZONE – “CHINA-SINGAPORE SUZHOU INDUSTRIAL PARK”

Abstract

Systematic work of higher authorities of China on achievement and implementation of generally valid aims in the field of science and technology has made it possible for the People's Republic of China to reach intense innovative advancement of its economy. New and High-Tech Development Zones form the basis of the national innovative infrastructure in China, the most successful of which is China-Singapore Suzhou Industrial Park. The Park can be characterized as a flagship project of cooperation between the governments of China and Singapore, pilot zone of reforms and innovations, successful model of international cooperation. The aim of the foundation and development of the Park is to create production of innovative products up to the world standards and construction of new international district with modern information and technology infrastructure and eco-friendly territory. The paper considers the process pertaining to formation of the Park's management system and its interaction with the public authorities as well as the main principles of its organizational structure. The obtained indices of social-economic development and improvement of favourable conditions for investors have been analysed in the paper. A special emphasis has been given to the concept of industrial ecology development which is observed by the Park's management. The paper presents examples of intensive growth of infrastructure: creation of demonstration zones and experimental areas, building of social facilities. A special focus has been given to the constant development of the Park's human resources. The project represents a new model of international economic and technical cooperation of China with other nations.