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Private Company Builds High-Tech Park in Fujian
2001-01-01

A high-tech company is building a high-tech industrial park in the coastal province of Fujian, aiming to create an incubator of high-tech achievements and paradise
for those people educated overseas to start their own business.

The park, which covers 30 hectares, is the largest solely financed by the New Continent Science and Technology Group, a private high-tech company.

Formerly involved in information technology, the company has expanded its business to electronics, environmental protection technology and bio-medicine. With total assets exceeding one billion yuan (120 million U.S. dollars), it owns a listed company and takes controlling shares in 13 other companies.


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