Ｈｉｇｈ－Ｔｅｃｈ Ｈｏｐｅ ｆｏｒ Ｐｒｉｖａｔｅｌｙ Ｏｗｎｅｄ Ｅｎｔｅｒｐｒｉｓｅｓ

ＺＨＡＮＧ　ＸＵＥＹＩＮＧ

AS China's traditional manufacturing industries lose their competitive edge on the world mar-ket, privately owned businesses are turning their eyes to high-tech products. "Squeezed bycontinually rising prices of raw materials and climbing labor costs on the one hand, andunremitting demands for better quality and low prices from our customers on the other hand,we have no choice but to develop high technology products," says Cai Xianping, deputy general managerof Jiangsu Xingrong High-tech Company Limited.