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July 28, 2012

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High-tech park plans investment

ZHANGJIANG High-Tech Park plans to invest 100 billion yuan (US$15.7 billion) in the creative zone development over the next five years, Shanghai officials disclosed yesterday.

The total investment in the zone over the past two decades amounted to only 138.9 billion yuan. The park celebrates its 20th anniversary today. The park generated 188.9 billion yuan in revenue last year, 54 times more than in 1999. It initially was 25 square kilometers but is now 75.9 square kilometers.






 

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