Almost always pre-modifies
技术 (jìshù, technology),
产业 (chǎnyè, industry),
企业 (qǐyè, enterprise) or
区 (qū, zone). Short for
高新技术 — itself short for
高科技、
新技术 (high-tech, emerging tech).
高新区 (gāoxīnqū) means a state-designated High-Tech Industrial Development Zone.