High-tech Development:Understanding China’s Global Expansion Policy!

Incessant research and development in the country’s technological hub, Shenzhen, is showcased worldwide via multifaceted products and services.

China’s expansionist success story since the Asian giant opted for “Opening Up Policy” may still be a mystery to many! In barely decades, the hitherto agrarian-dominated economy has stunned the world’s manufacturing sector with irresistible products and services. Evolutions in the country’s high-tech hub, Shenzhen, Guangdong province are convincing even to sceptics that China’s high-tech global expansion is almost unstoppable! The city hosts most of China and world’s emerging high-tech companies whose incessant research and innovations feed the world with diverse products and services.

Telecommunications, Health

Shenzhen hosts one of the world’s leading outfits in information and communication technologies (ICTs), but not the company’s products and services. Huawei since its birth in 1987 by Ren Zhengfei has been increasingly conquering the world with end-to-end ICTs portfolio that give customers competitive advantages in telecoms and enterprise networks, devices and cloud computing. Authorities told Cameroon Tribune at the company’s headquarters in Shenzhen on September 9, 2016 that by leveraging strong research and development capabilities, comprehensive technical expertise and continuous technical innovations; Huawei was committed to ‘building an open, resilient and secure platform in the enterprise market to orchestrate a sustainable and multi-win ecosystem.’ It recorded over 60 billion USD in 2015 as business turnover and 45 per cent of its global 176,000 employees are involved in science and technology.

Meanwhile, in the health domain, Shenzhen via a world-class medical equipment manufacturer and medical diagnostic apparatus, Mindray Medical International Limited, is drawing global attention. Authorities proudly take visitors through the 25-year history of the outfit with much to show in terms of research fruits in clinical medical equipment. This ...