Recently, there has been a drive to move up the value chain by shifting towards high technology and knowledge intensive industries resulting in new development zones such as the Chongqing New North Zone (CNNZ).[91] Chongqing's local government is hoping through the promotion of favorable economic policies for the electronics and information technology sectors, that it can create a 400 billion RMB high technology manufacturing hub which will surpass its car industry and account for 25% of its exports.[92]