The Development of High-Tech Industry in China by Data Processing

Abstract

The expanding high-tech industry in China is attracting the world's attention. Meanwhile, researchers are attempting to find out what are the factors affecting the development of high technology innovations in order to make the best investment and policy changes possible to boost technological development by data processing. At the beginning of this paper, we investigated how would manpower input, financial input and technological output affect progress being made in the high-tech industry was analyzed.The results indicate that all these factors are positively correlated with better performance in the high technology industry. To be specific, financial input is more significant than the other two factors, particularly intramural expenditure. In the second section of the paper, we attempted to answer whether being a special economic zone is related with more desirable outcome in terms of high-tech innovations. The outcome demonstrates that being a special economic zone has no significant impact on the high-tech industry.