Development Policy

Abstract

The new urban area is an entirety and demands a development plan based on space and land use design, and its particular situations such as development demands, market demands, and capital construction investment. New urban development needs a large number of different funds which should be developed progressively. Singapore Yulang Industrial Park has an area of only 65 km². Since 1962, it has been developed in sequence from east to west, spreading from the initiative area to the whole comprehensive industrial area by means of clustering expansion. According to the industrial development demands over different periods, it has created land and development space, and spread up into the air, underground, and to the sea, accumulating experience of limited resources and boundless creativity. Guangzhou Sino-Singapore Knowledge City is dividing its development into three stages. In the initial period (2010–2015), land amounting to 10 km² has been developed and good innovation and enterprise systems have been formed. The gross domestic regional product amounts to ¥30 billion. Second is a fast development period (2015–2020). Land comprising 30 km² is to be developed. It will bring in some multinational enterprises with independent intellectual property rights and the gross domestic regional products will reach ¥100 billion. Third is the stage of prosperity (after 2020). Land of 60 km² is to be devoted to development and construction. It will assemble plenty of innovative fruits participating in international production and the gross domestic regional products will be worth ¥300 billion.