The 'Hefei model': How China is building high-tech industries

Hefei is developing into China's high-tech metropolis. With targeted investments, the city is building up industries of the future - and could become a role model for economic policy.

The "Hefei model" shows how China is specifically building up high-tech industries. When Western managers think of China's booming economic regions, the same names usually come to mind: Shenzhen, Shanghai, Beijing. But one city that has so far received little attention has developed into one of the country's most exciting business locations in recent ye…