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Hi-tech hub Guangdong sees higher education investments boom

Hi-tech hub Guangdong sees higher education investments boom

Bid to rival Silicon Valley with home-grown talent

Shoppers look to pick up cosmetic products from wholesalers inside the Mingtong Digital City market in Shenzhen’s Huaqiangbei area, Guangdong province, on Nov 5, 2020. (Reuters photo)

An investment boom in institutions of higher education is taking place in Guangdong province, one of China’s biggest manufacturing hubs and its up-and-coming hi-tech region with grand ambitions to rival Silicon Valley in the United States.

Guangdong will open 11 new universities this year, with more to come in the next few years. In Shenzhen city, the local government announced that it would invest 150 billion yuan (670 billion baht) to build 20 new universities…

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