Telangana Chief Minister K Chandrashekhar Rao, along with the delegation members accompanying him, had an exposure visit to Shenzhen High-Tech Industrial Park (SHIP) on Monday during his stay in Shenzhen.
Earlier, the Chief Minister had been to China Council for Promotion of International Trade (CCPIT) and had a meeting with their representatives. Both the groups exchanged ideas on international trade. He briefed them about the Telangana State Industrial Policy and about opportunities to invest in Telangana. The (CCPIT) is a trade body of the Chinese Government founded in 1952. The CCPIT develops business cooperation and exchanges with foreign countries. It produces economic data, and is involved with diplomacy and with trade arbitration issues.
The Chief Minister and his team first visited the premises of ZTE Corporation (Mobile Device Future Concepts), which is a prominent electronic hardware manufacturing company in the park. He had discussions on the possibility of establishing similar units in Telangana.
KCR had lot of appreciation for the SHIP which was founded in September 1996 and listed among China’s five state-level high-tech parks.
Authorities concerned briefed the delegation that the park has attracted many global high-tech giants and internationally famous enterprises including IBM, Philips, Compaq, Olympus, Epson, Lucent, Harris and Thomson, as well as the leading domestic players including Huawei, ZTE, Lenovo, TCL, Skyworth, Great wall and Powerise. KCR also had interaction with persons associated with various enterprises in the park and enquired about their functioning. He also explained them about the opportunities in Telangana for investors.
After staying for a day in Shenzhen and after visiting the SHIP, KCR left for Hong Kong. In Hong Kong, the Chief Minister will have industry interactions besides visiting couple of places of interest. (INN)