Baoji State-level New High Tech Industrial Development Zone (
Facts and Figures (2007)
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Rating |
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Year of Establishment |
November, 1992 |
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Land Area |
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Location |
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GDP |
RMB 12.1 billion (US$1.6 billion) (value-added industrial output) |
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FDI |
N.A. |
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Utilized FDI |
N.A |
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Major Investors |
Siemens, Sumitomo, Schneider, Walsin Lihwa, |
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Major Industries Encouraged |
Machinery manufacturing, electronic information, food processing, nonferrous metals-processing |
Source:
Introduction
Located in Baoji, the Baoji State-level New High-Tech Industrial Development Zone (Baoji HTIDZ) was established and approved by the State Council in November, 1992, as a state-level development zone.
Baoji HTIDZ consists of a New Area and a Science and
Investment Climate
Currently, there are over nine-hundred enterprises settled in Baoji HTIDZ. In 2007, Baoji HTIDZ realized value-added industrial output of RMB 12.1 billion, accounting for 42.9% of the city's total.
From 2006 to 2008, Baoji HTIDZ attracted one-hundred and twenty-eight programs with an investment total of RMB 17.1 billion. Of these programs, which are included in parks such as the Jinde Industrial Park, the Mengniu Industrial Park, the Baoji Computerized Numerical Control (CNC) Machine Tool Industrial Park, et cetera, twenty-one have commenced operation and realized value-added industrial output of over RMB 5 billion.
In 2007, the "Baoji Titanium Valley of China" had been established as one of fifty national industrial clusters by the Ministry of Science and Technology of China. By 2010, Baoji HTIDZ is expected to have an annual titanium-processing capacity of 11,000 tons, realizing total industrial output of RMB 15 billion and occupying domestic and global market shares of 95% and 10% respectively.
To date, Baoji HTIDZ prioritizes industries such as mechanical and electronic integration, new materials, biopharmaceuticals and advanced equipment-manufacturing. By the conclusion of 2010, Baoji HTIDZ is expected to realize GDP of RMB 23 billion, while the total foreign trade is expected to reach US$600 million.
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