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Ganzu - National Lanzhou Economic and Technical Development Zone (Lanzhou ETDZ)

Published: 10 Apr 2009 16:54:40 PST

Facts and Figures (2007) 

Rating

 

Year of Establishment

1993

Land Area

9.4 km2

Location

Lanzhou, Gansu

GDP

RMB 3.1 billion (US$412 million), 47.9% up

FDI

N.A.

Utilized FDI

US$31 million, 83.5% up

Major Investors

Lanzhou Huatong Technology, Gansu DS Biology and Technology, Country Garden, et cetera. 

Major Industries Encouraged

Biopharmaceuticals, petrochemicals, paper manufacturing, textiles and garments micro-electronics, metals and non-metallic manufacturing

Source: China Development Zone Association

 

Introduction

 

Located in Lanzhou, which is the capital of Gansu Province, National Lanzhou Economic and Technical Development Zone (Lanzhou ETDZ) was established in 1993, and approved by the State Council in March, 2002, as a state-level economic- and technological-development zone.

 

Lanzhou ETDZ is a hub of four trunk-railways, namely Lanzhou-Lianyunguang, Lanzhou-Urumchi, Lanzhou-Xining and Baotou-Lanzhou. It is 4 km from Lanzhou’s West Train Station, which is the cargo-distribution center in North-West China. Lanzhou ETDZ is also connected to the Lanzhou-Haikou expressway, and is 40 km away from Zhongchuan international airport.

 

Investment Climate

 

In 2007, the GDP of Lanzhou ETDZ amounted to RMB 3.1 billion, representing an increase of 47.9% year on year, and accounting for 4.2% of the city's total. Within the same year, the utilized FDI of the zone totaled to US$31 million, increasing 83.5% over the previous year.

 

There are 471 enterprises located in Lanzhou ETDZ, including 247 industrial enterprises, 9 construction enterprises, 105 commercial- and catering-enterprises and over a hundred other service enterprises.

 

To date, Lanzhou ETDZ has established biopharmaceuticals, petrochemicals and paper manufacturing, textiles and garments, micro-electronics, and metal- and non-metallic-manufacturing as its pillar industries. Representative enterprises include Gansu DS Biology and Technology, Lanzhou Huatong Technology, et cetera.

 

In 2008, Lanzhou ETDZ has inked deals on four programs, including the Lanzhou Shengguotou commercial-center program, Country Garden Lanzhou real-estate and five-star hotel program, the Lanzhou thermal-power project, and North-West auto parts and automotive-supplies industrial park project. Total investments of the four programs amount to RMB 5.5 billion.


Source: China Knowledge
China Knowledge

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