Beijing - Beijing Shilong Industrial Development Zone

Beijing Shilong Industrial Development Zone

Facts&Figures (2007)

Source: Administration Committee of Beijing Shilong Industrial Development Zone

Introduction

Beijing Shilong Industrial Development Zone (Beijing Shilong IDZ) was established by the State Council in 2000, and covers an area of 1.5 km². It is a city-level park.

The IDZ is located in Mentougou District. It is 24 km west of the city center, 10 km from the Beijing-Shijiazhuang Expressway, 15 km from the Pingguoyuan Subway Station, 50 km from Beijing Capital Airport and 180 km from Tianjin Port. The Mentougou District also has three railway cargo stations, which are all located within 4 km from the IDZ.

In 2007, the passenger and cargo throughputs of Beijing Airport reached 53.6 million and 1.4 million tons, ranking first and second in China respectively. The airport has flights to ninety-six domestic cities and ninety-one overseas destinations.

Tianjin Port is the main passageway for cargo from Beijing, North and Northwest China entering the Bohai Sea. In 2007, the port's cargo throughput reached 309 million tons, ranking fourth in China (after Shanghai, Ningbo and Guangzhou) and sixth in the world.

Beijing is now the largest education center in China. By the end of 2007, there were eighty-three universities and colleges in Beijing, with a total enrolment of 568,000. The nation's most famous universities are located in Beijing. They include Peking University and Tsinghua University, dubbed China’s Harvard and MIT respectively.

Investment Climate

Mentougou District, where the IDZ is located, has an abundance of mineral resources. It is one of Beijing’s major coal extraction bases. Additionally, there are also rich limestone, granite and basalt deposits. In 2007, the GDP of Mentougou District reached RMB 5.3 billion, up 8.7% over 2006, and accounting for 0.6% of the city's total.

The pillar industries of the IDZ are electronics, biopharmaceuticals, food processing, textiles and garments, fine chemicals and new materials. Presently, over one hundred enterprises have invested in the IDZ, with a total investment of nearly RMB 5.0 billion.

Major foreign investors come from the U.S., Japan and Singapore. Dupont is the largest foreign investor. Its business focuses on the IDZ’s textiles industry. Since Dupont entered China in the 1980s, its investment in the country has exceeded US$700 million.

Aside from Dupont, other major domestic investors are Jingdiao Technology, Wanhui Shuanghe Pharmaceuticals and Lingrui Pharmaceuticals.