Purpose of coexistence of traditional and high-tech industries

1. The coexistence of traditional industries and high-tech industries can reduce the impact of such risks on the regional economy;

2. The traditional industries are well developed, which are the solid foundation of high-tech industries, and high-tech enterprises and traditional industries have strong complementarity, so the coexistence of both of them can ensure the stable development of the regional economy;

3. The coexistence of traditional industries and high-tech industries in high-tech industrial parks can increase employment and enhance economic efficiency, thus increasing tax revenue and stabilizing society.

Traditional industry is a general term for industrial sectors that have been established since the Industrial Revolution and still engage in mass production. Traditional industries are powered by conventional energy sources and are characterized by machine technology as an important feature. It generally includes sectors such as the textile industry, the iron and steel industry, the shipbuilding industry, the automobile industry, and the electric power industry. Traditional industries are mostly labor-intensive or capital-intensive industries.