Established in 1988, Chengdu Hi-tech Industrial Development Zone (Chinese: 成都高新技术产业开发区; pinyin: Chéngdū Gāoxīn Jìshù Chǎnyè Kāifā Qū) was approved as one of the first national hi-tech development zones in 1991. In 2000, it was open to APEC and has been recognized as a national advanced hi-tech development zone in successive assessment activities held by China's Ministry of Science and Technology. It ranks 5th among the 53 national hi-tech development zones in China in terms of comprehensive strength.