Guangdong - Zhanjiang Economic and Technological Development Zone

Zhanjiang Economic and Technological Development Zone  

Facts and Figures (2007)

Source: Administration Committee of Zhanjiang Economic and Technological Development Zone    

Introduction

Zhanjiang Economic and Technological Development Zone (Zhanjiang ETDZ) is located in Zhanjiang on the east coastline of Leizhou Peninsular. It was approved to be a state-level development zone in 1984, with a designated area of 9.2 km². In 2006, the zone was approved to develop an area of 10 km² in Donghai Island. The total planned area of the zone was thus expanded to 19.2 km².

Lying in the south-west of Guangdong Province, Zhanjiang is at the intersection points of Guangdong Province, Guangxi Province and Hainan Province. The city has convenient transport systems. Zhanjiang Port has a 300,000-tonnage crude oil dock and a 200,000-tonnage iron ores dock. The annual cargo throughput at Zhanjiang Port is 60 million tons. Zhanjiang Airport offers daily routes to Beijing, Guangzhou, Shenzhen, Changsha, Haikou and other major cities. Litang-Zhanjiang Railway, Zhanjiang-Shanya Railway and Foshan-Maoming Railway all intersect in Zhanjiang, while Guangzhou-Zhanjiang Highway and Chongqing-Zhanjing Highway join in the city.

Zhanjiang has rich natural resources and twenty-five kinds of mineral resources. The South China Sea has large oil and gas reserves.  The city also has rich talents resources, as the city is home to six colleges and universities and over forty research institutions.

Investment Climate

Guangdong Province is one of China's most developed provinces. In 2007, Guangdong's GDP surpassed RMB 3 trillion, nearly one eighth of that in mainland China. The GDP of Zhanjiang grew 13.0% year-on-year to RMB 89.3 billion, ranking ninth in Guangdong Province.

In 2007, the GDP of Zhanjiang ETDZ edged up 17.8% from the previous year to RMB 6 billion, accounting 6.7% of Zhanjiang's total. The industrial added value from the zone rose 19.5% year-on-year to RMB 5.1 billion, comprising nearly 13% of that of Zhanjiang. Export value from the zone soared 27.6% year-on-year to US$606.5 million, over one third of Zhanjiang's total.

The zone has formed major industries in paper-making, electronic appliances, communication equipment, bio-pharmaceuticals, petrochemicals and construction equipment-manufacturing industries.

The zone has attracted many foreign and domestic firms to make investments there, including Hilti, CNOOC and Pepsi. In 2007, the utilized FDI in the zone exceeded US$ 20 million, more than doubling the figure in 2006. CNOOC Fuel Oil Corp (Zhonghai), with an annual oil-refining capacity of 800,000 tons, is a subsidiary under China's largest offshore oil refiner, CNOOC.

Hilti Plant (Zhanjiang), with an investment value of US$95 million, is the largest production-base of Germany-headquartered Hilti in Asia. The plant commenced operation in 1995 in Zhanjiang ETDZ and mainly focuses on construction equipment-manufacturing.