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Zhejiang - Xiaoshan Economic and Technological Development Zone (Xiaoshan ETDZ)

Published: 28 Apr 2009 14:34:17 PST

Facts&Figures (2007)

Rating
Year of Establishment	1993
Land Area	9.2 km²
Location	Xiaoshan District, Hangzhou, Zhejiang
GDP	RMB 13.1 billion (US$1.7 billion), 30.91% up
FDI	US$356 million
Utilized FDI	US$211 million, 8.07% up
Major Investors	Ericsson, CNHTC, Hokin, Aisin, Albany, Itochu, Bray, Rxon, KSK, Marubeni, ZF, Transfar, Screen, Fiat, Yamaha, Fair Friend, Sinotruk, Hempel, GE, Caterpillar, Mitsubishi, Albany,
Major Industries Encouraged	Electronic information, machinery, refined chemicals, construction materials

Source: Xiaoshan Economic and Technological Development Zone

Introduction

Xiaoshan Economic and Technological Development Zone (Xiaoshan ETDZ), approved by the State Council in 1993, has a planned area of 9.2 km². It is located in Xiaoshan District, Hangzhou city, which is an equal distance of 1.5 hours away from Shanghai, Suzhou, Shaoxing and Ningbo.

Xiaoshan ETDZ is 10 km from Hangzhou Xiaoshan International Airport, which operates 149 domestic airlines and 32 overseas airlines per week. It is also 170 km away from Shanghai Port and 130 km from Ningbo-zhoushan Port, two of the busiest ports in China. The zone can be reached by land, as Shanghai-Hangzhou-Ningbo highway, Hangzhou-Jinhua-Quzhou highway and the railway run through the zone.

Investment Climate

Hangzhou Jiangdong Industrial Park, Zhejiang CNC Equipment Manufacturing, Xiaoshan Hi-tech Park and an extended area of the state-level Hangzhou Software Industrial Base are located in Xiaoshan ETDZ. The park primarily encourages the development of the electronic information, machinery, refined chemicals and building materials industries.

Japan’s Shizuoka Industrial Base and Taiwan Industrial Park of Machinery were also established in Xiaoshan ETDZ in 1995. It is one of the densest areas of Japanese and Taiwanese enterprises in Zhejiang Province.

By the end of 2007, Xiaoshan ETDZ had approved the establishment of 750 enterprises, including 447 foreign-invested firms. Within the same year, the zone realized GDP of RMB 13.1 billion, with a growth rate of 30.91% from the previous year. The total industrial output value has amounted to RMB 11.4 billion, up 29.1% year-on-year. The industrial output from high-tech industries hit RMB 10.1 billion, accounting for more than 88.6% of the zone’s total.