According to the new Identification Method, a high-tech enterprise should be a resident enterprise that has been registered in China (excluding Hong Kong, Macao and Taiwan) for 365 calendar days by continuously carrying out research and development and transforming technological achievements in high-tech fields supported by the state, forming core independent intellectual property rights. Enterprises that meet the above characteristics and reach the corresponding identification indicators can be identified as high-tech enterprises. Enterprises that do not carry out research and development activities and simply engage in the production and processing of high-tech products cannot be recognized as high-tech enterprises.