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Shanghai - Shanghai Pudong Heqing Industrial Park

Published: 10 Apr 2009 16:07:16 PST

Shanghai Pudong Heqing Industrial Park

Facts&Figures (2007)

Rating
Year of Establishment	1993
Land Area	4.52 km²
Location	Pudong New Area, Shanghai
GDP	N.A.
FDI	N.A.
Utilized FDI	N.A.
Major Investors	Dinova, Yamato, Shanghai Foster Wine Making, East Hope, Haima Automobile, Cooper Industries, GD Copper, Wanfeng Auto Holding Group, Shanghai San Ho Hup Pile, Kohwa Precision Molding, Wowo Group, Shanghai Morn Electric Equipment Co. Ltd
Major Industries Encouraged	Photoelectron, auto and auto parts, medical instruments

Source: Administration Committee of Shanghai Pudong Heqing Industrial Park

Introduction

Shanghai Pudong Heqing Industrial Park (Shanghai Pudong Heqing IP), formerly known as Heqing County Industrial Zone, is located in the eastern part of Pudong New Area in Shanghai. The park was approved as a municipality-level development zone by the Shanghai Municipal Government in 2006 and covers a planned area of 4.52 km².

Shanghai Pudong Heqing IP is within 20-minutes driving distance to five state-level development zones in Shanghai, namely, Shanghai Caohejing Development Zone, Shanghai Lujiazui Finance and Trade Zone, Shanghai Waigaoqiao Free Trade Zone, Shanghai Jinqiao Export Processing Zone and Shanghai Zhangjiang High-tech Park.

It is easily accessible via air and railways, as it takes 8 minutes to reach Shanghai Pudong International Airport, 12 minutes to Shanghai New Railway Station and 20 minutes to Shanghai Hongqiao Airport. The Shanghai-Nanjing Expressway, Shanghai-Jiading-Liuhe Expressway and Shanghai-Hangzhou Expressway link the park with other major cities in the Yangtze River Delta. Shanghai Port, one of busiest ports in the world, is a 15 minutes’ drive away.

Shanghai has rich talent resources. As of 2007, the city had 60 universities and colleges and saw the number of graduates grow 7.2% year on year to 118,500.

Investment Climate

Shanghai Pudong Heqing IP has formed major industries in photoelectronics, auto and auto parts, and medical instruments manufacturing industries. The park was approved to be "East Session of Shanghai Zhangjiang High-tech Park" by the Shanghai Pudong government in 2006. Shanghai Zhangjiang Modern Medical Instrument Park, with an investment of RMB 1.2 billion, is located in Pudong Heqing IZ. It covers an area of 1.1 km².

By 2007, Shanghai Pudong Heqing IP had attracted investments from over 90 domestic and offshore companies, with total investments exceeding RMB 8 billion. Major investors in the park include Dinova, Yamato, Shanghai Foster Wine Making, East Hope, Haima Automobile and Cooper Industries.

Haima Automobile Group, a leading automaker based in Hainan Province in China, launched Shanghai Haima Automobile R&D Co. Ltd in the park in 2006. The unit, with an area of 12,500 m², is a complete vehicle research center for Haima Automobile.