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Memorandum of Understanding will promote positive business links

The Island has signed a Memorandum of Understanding with an important business park in China.

The Zhongguancun Boya Multimedia Creative and Innovation Park has been dubbed the 'Silicon Valley' of China. 

It's a specific zone designated for high-tech industry such as internet, e-pay, communications and gaming. 

Economic Development Minister Laurence Skelly explains the terms of the understanding:

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