China’s subsidy economy is Australia’s opportunity

At Sozhou Industrial Park, the Chinese government is creating an entire hi-tech industry from scratch. And there are vast opportunities for Australian companies in education and research partnerships.

There’s an industrial park 125 kilometres (or a 25 minute train ride) from Shanghai that encapsulates how the Chinese plan to change the world.

The government has allocated 288 square kilometres of land for high-tech local and international companies at the Sozhou Industrial Park in its bid to create "Asia’s Silicon Valley”. That title may be a tad optimistic, but the intention is clear.

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