'new north'), alternatively called the New District or the High-tech Development Zone (simplified Chinese: 国家高新区; traditional Chinese: 國家高新區; pinyin: Guójiā Gāoxīn Qū; lit.

The district was established in August 1992 by the regional government as a high-tech manufacturing area.

Businesses in the region also receive some preferential policies granted by the local government.

[3] It is also home to 7,636 domestic and overseas companies, 18 of which are on Fortune Global 500 list[citation needed].

As a result, a number of foreign styled restaurants and bars have been able to establish themselves, catering mostly to the expatriate community.