Quzhou Green Industry Clustering Zone. [Photo/qz.gov.cn]
In 2012, the Green Industry Clustering Zone was built based on the former Quzhou National Economic Development Zone and a high-tech industrial park. The zone is one of the 15 provincial-level industry cluster zones in Zhejiang province.
With a planned area of 306 square kilometers, the zone is home to 476 companies, such as Hyosung, Huayou Cobalt, Essen, and Mingwang. Among them, 119 enterprises are above designated size, eight enterprises have an investment of more than one billion yuan ($147.61 billion) and 71 are national high-tech enterprises.
The zone has five pillar industries: fluorosilicone new materials, electronic chemicals, photovoltaic new energy, high-end equipment manufacturing, and biomedical health.
In 2017, the total industrial output value of the zone reached 58.5 billion yuan, of which the output value of the five industries was worth 48.44 billion yuan, up 37.1 percent year-on-year. Total fiscal revenue increased by 42 percent year-on-year, with general public budget revenue increasing by 34.4 percent. Fixed asset investment achieved year-on-year growth of 18 percent.