Cisco China has announced plans to open a new office in Shenzhen to better serve their business partners in the south China market.

With this new Shenzhen office, Cisco China will offer more support to their clients and partners in the southern China region and help them be more competitive in the market.

At present, Shenzhen's high-tech industry output grows by 48% annually and the high-tech industry has become the first pillar industry for the city by taking about 51.2% of total industrial output of the city.

Cisco has set up branches in Beijing, Shanghai, Guangzhou, Chengdu, Shenzhen, Xi'an, Wuhan, Nanjing, Urumqi, Fuzhou, Hong Kong and Macao. In past years, Cisco has also invested about US$700 million to finance 40 Chinese high-tech companies, including four companies in Shenzhen.