Circular of the State Council Concerning the Approval of the National Development Zones for High And New Technology Industries and Relevant Policies and Provisions

Circular of the State Council Concerning the Approval of the National Development Zones for High And New Technology Industries and Relevant Policies and Provisions

Guo Fa [1991] No.12

March 6, 1991

In pursuance of the Decision of the Central Committee of the Communist Party of China on the Reform of the Science and Technology System, a number of development zones for new and high technology industries have been successively established in recent years in some large-and medium-sized technology-intensive cities and coastal areas, which have promoted the development of new and high technology industries in our country. In order to act in the spirit of "further implementing the Torch Programme and managing well the development zones for new and high technology," as advocated in the Proposal of the Central Committee of the Communist Party of China on the Formulation of the Ten-Year Programme and the Eighth Five-Year Plan for National Economic and Social Development so as to expedite the development of new and high technology industries, the State Council has decided to designate another group of existing development zones for new and high technology industries in various places as national development zones for new and high technology industries, in addition to the Beijing Experimental Zone for the Development of New Technology Industries approved by the State Council in 1988, and to bestow them preferential policies accordingly.
　　......