ShenZhen Electronics Information Industry, Sourcing Electronics From ShenZhen.
After 30 years of development, Shenzhen has become key base and strategic city for the R&D, production and export of China’s electronic and information products It is a hub for Electronic Manufacturing Suppliers (EMS) and Original Equipment Manufacturers (OEM). This allows companies to cut costs by accessing a full supply chain in one location.
Shenzhen is the leading city in China for electronics manufacturing. It is a hub for Electronic Manufacturing Suppliers (EMS) and Original Equipment Manufacturers (OEM). This allows companies to cut costs by accessing a full supply chain in one location. Shenzhen’s skilled workforce is fed by the province of Guangdong’s 100 universities, enrolling over 874,000 students in the regional area.
After 30 years of development, Shenzhen has become key base and strategic city for the R&D, production and export of China’s electronic and information products. The hi-tech industry, typical of electronic and information, has become one of 4 pillar industries in Shenzhen. In 2010, 49,430 domestic patent applications were filed, of which 23,956 were applications for invention patents. Domestic patent authorizations reached 34,951, including 9,615 authorizations of invention patents. Shenzhen's PCT (Patent Cooperation Treaty) applications numbered 5,584 last year, topping China for the seventh consecutive year. A total of 1,353 companies are recognized as State-level high-tech companies.
In Shenzhen, enterprises play a major role in scientific innovations. Enterprises hire 90 percent of the city's R& D personnel, fund 90 percent of the city's R&D projects, set up 90 percent of the city's R&D institutes, and produce 90 percent of the patented inventions made by employees.
Meanwhile, Shenzhen, thanks to its competitiveness in self innovation, has created 5,404 inventory patents, with a 1.39-time increase and 2,709 PCT Patents, accounting for 44.5% of China’s total, ranking the 1st for 5 consecutive years and mainly coming from electronic and information industry.
6 key sectors in Shenzhen electronic and information industry are as follows
With a heavy focus on the high-tech sector, Shenzhen is positioned strategically for innovation and growth as China develops. The city is home to some of China’s most successful high-tech companies, such as Huawei, Tencent and ZTE. These companies have located their production centers, research facilities and trading operations in Shenzhen
Electronics information industry has been the main engine of Pearl River Delta in South China. Strategic industry clusters presented with computer and accessories, software, telecom, Audio-Video products, micro-electronic and components have emerged. It is the main industry of Shenzhen with the strongest competition ability, increasing by 66% annually.
The electronic information industry of Shenzhen is the largest in China. The output of color TV sets, computers and SPC exchanges and exports of its software products rank the first in the country. The electronic information industry has been the backbone industry of Shenzhen with the growth rate, the competitive strength, and the industrial relevancy, the success of which has well propelled the increase and improvement of traditional industries such as machinery, garments, clocks and watches, toys, and moulds industries.
Quickly developing electronic information industry makes Shenzhen an important electronic information manufacturing base in China or even in the world. Shenzhen has been ranked No. 1 with its scale of electronic information industry and its export for more than 10 years in China. Around Shenzhen, there are a lot of electronics information city like Guangzhou, Dongguan, Huizhou, Foshan, Zhongshan and Zhuhai which attracted many business opportunities. Since CEF was initiated in Shenzhen from 2004, it has created great business opportunities which have been promoting the development of electronic information industry in whole Pearl River Delta.
The Pearl River Delta region of Shenzhen is the centre of advanced manufacturing industries for China and even for the world. The provincial government maintains favorable investment policies here, particularly in the high-tech sector. The area offers numerous industrial parks, which could potentially provide valuable economies of scale.
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ABOUT THE AUTHOR
With MBA degree focus on international business,Tom Lee have more than 10 years China Business Consultant experience. Currently, he is consultant who help International SME establishing and expanding business in China. He can provide comprehensive China sourcing services to customers of interested in China sourcing, China Purchasing, China manufacturing, China Legal Service
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