Guangzhou Science City, developed and built by Guangzhou Development District in 1998, is currently one of the most important industrial bases in Guangzhou, with particular strength in high-tech research and development.
In order to expand its electronic information sector, the Guangzhou Science City is planning to add another 8.73 square kilometers which will be used to build an electronic information industrial base. The strong industrial environment in Guangzhou provides a strong incentive for some of the world's largest electronic information enterprises to settle in the Guangzhou Development District. France's STMicroelectronics has agreed to establish an integrated circuit research and development center; Sony (China) has invested $30 million to establish Sony Electronics Huanan Co., Ltd., which engages in the design and manufacturing of electronic products; Sanyo Electric intends to invest $20 million to build an enterprise specializing in the manufacturing of auto electronic products in Huangpu district; Nanco Electronics, the first manufacturer of eight-inch integrated circuit chips in China, has invested $586 million in total, including $186 million toward the initial phase.
Guangzhou Science City. [Photo/english.gz.gov.cn]
Six major competitive industries - software design, research & development and creative design, commodity inspection and detection, financial innovation, consulting and management services and modern logistics services - have gradually taken shape in the area. There are about 100 software enterprises with a combined operation revenue of 2.7 billion yuan ($420 million), among which three have passed CMM/CMMI certification, with Superdata Software and Bamboo Computer having passed CMMI Level 5 certification. Fifteen countries (regions) have invested a combined total of $200 million in the establishment of more than 50 service outsourcing enterprises, 45％ of which went toward information technology outsourcing (ITO) and 55 percent toward business process outsourcing (BPO). The annual number of service outsourcing contracts is over 30, with a total revenue of about $200 million. Currently, major service outsourcing enterprises include Microsoft, IBM, Oracle, Intel, Dongya Electronic and Friends Software, etc.