Nov. 4, 2010 (China Knowledge) - Beijing Economic-technological Development Area, or BDA, recently launched a new strategy to strengthen its competiveness by boosting development and application of science and technology.

From 2011 to 2015, the area plans to invest RMB 10 billion in the implementation of the strategy with the focus on technology innovation that drives industrial development.

The aim of the new strategy is to attract talents, gather high-tech companies and to further boost high-end industries' R&D developments.

With this strategy, BDA plans to make breakthroughs with cutting-edge technologies in core industries, develop innovative enterprises and well-known brands that have global influence.

So far, BDA has attracted more than 3,000 enterprises to the area, with investment exceeding US$23 billion. The area's annual output value has reached more than RMB 1 trillion.

There are about 229 high-tech firms in the area. Last year, the total output value of these high-tech companies accounted for 94.97% of BDA's total.