In 2018, with another 3,000 newly established national high-tech companies in Shenzhen, the total number exceeds 14,000. Shenzhen is home to a cluster of enterprises spread throughout a variety of high and new technology sectors, of which the electronic information sector is one of the most prominent. This has allowed Shenzhen to become an important nationwide center for the conversion of fruitful high-tech research into successful industrial products.
Shenzhen’s high-tech industry is already quite large, and features a cluster of enterprises spread throughout a variety of high-tech sectors, of which electronic information is the most prominent. This has allowed Shenzhen to become an important center within China for converting successes in high-tech research into successful industrial products. Major industrial parks/zones for the high-tech industry include the Shenzhen High-Tech Industrial Park, the Shenzhen Software Industry Base, and Shenzhen Cloud Park. Well-known representatives of the local high-tech industry include Huawei and ZTE.