In October 1995, the State Council approved the establishment of the State-level Shenyang Cross-strait Science and Technology Industrial Park, which is a significant part of Shenyang High-tech Industrial Development Zone.
The park mainly focuses on industries like computers and software, information and communication, smart machinery and equipment, biotechnology, electronics and microelectronics, and new materials.
The park is taking steps to develop into an important science and technology innovation center in northeast Asia, a national high-tech industrial area, a national innovation and entrepreneurship demonstration zone, and a new base for China's industries related to smart technology.
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