Zhuhai High-tech Industrial Development Zone
Facts and Figures (2007)
|
Rating |
|
|
Year of Establishment |
1992 |
|
Land Area |
9.8 km2 |
|
Location |
Zhuhai, Guangdong Province |
|
GDP |
RMB 21.5 billion, 13.2% up |
|
FDI |
N.A. |
|
Utilized FDI |
US$280 million, 25.2% up |
|
Major Investors |
Phillips, M&Y PTY, Lizhu, Zhuhai Wanlida, Panasonic |
|
Major Industries Encouraged |
Electronics, information technology, optical-mechanical-electronic integration, biology, pharmaceuticals |
Source: Administration Committee of Zhuhai High-tech Industrial Development Zone
Introduction
Zhuhai High-tech Industrial Development Zone (Zhuhai HIDZ) is located in the northern part of Zhuhai Speical Economic Zone, an economic zone with special economic policies and flexible government measures. The zone won approval from the State Council to be a state-level development zone in 1992. Covering a designated area of 9.8 km2, it commenced official operation in 1993.
Zhuhai HIDZ is 18 km from Macau in the south and 110 km from Guangzhou, the capital of Guangdong Province, to the north. It is adjacent to Hong Kong and Shenzhen across the sea. Beijing-Zhuhai Highway and Jiangmen-Zhuhai Highway run through the zone.
It takes within half an hour's drive from the zone to Zhuhai Airport and Zhuhai Port. Zhuhai Airport offers seventy-six domestic and international routes weekly. In 2006, Zhuhai Airport started cooperation with Hong Kong Airport and currently acts as a supporting cargo transportation airport for Hong Kong Airport. Zhuhai Port has two major ports, Gaolan Port and Jiuzhou Port, both of which offer direct routes to Hong Kong. The freight traffic and container traffic at Zhuhai Port hit 37.1 million tons and 0.6 million TEUs respectively in 2007.
By 2007, Zhuhai had attracted twelve universities, all of which opened colleges and education institutions in the city, including Peking University, Sun Yat-san University, and Renmin University of China. In 2007, the number of college graduates exceeded 15,800.
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 of the mainland China. In 2007, the GDP of Zhuhai rose 16.5% year-on-year to RMB 88.7 billion, lagging behind Shenzhen, which was ranked the largest economic zone in China in terms of GDP in 2007.
The GDP of Zhuhai HIDZ grew by 13.2% from the previous year to RMB 21.5 billion, accounting for 24.2% of Zhuhai's GDP. The gross industrial output from the zone climbed up 19.2% year-on-year to RMB 106.6 billion, making up 43.6% of Zhuhai's total.
The zone has developed electronics, information technology, optical-mechanical-electronic integration, biology and pharmaceuticals as its mainstream industries. It also encourages investments in other high-tech industries. In 2007, the industrial output from the high-tech industries edged up 17.4% year-on-year to RMB 62.2 billion, comprising 58.3% of that from the zone.
By 2007, over one-thousand enterprises had been set up in the zone, many of which were foreign-invested firms. The utilized FDI in the zone amounted to US$280 million in 2007. The large foreign investors include Multek, M&Y PTY and Panasonic. Multek Doumen Industrial Park (Zhuhai) is fully-owned by the U.S.-based Multek, and mainly produces Flexible PCBs.
The zone is also home to many domestic firms, such as Lizhu and Zhuhai Wanlida. Zhuhai Lizhu Medical Bio-Material Co. Ltd. is a supplier of DNA immune absorption columns, PGA medical absorbable suture and suture needles, and resin bandages.
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