Mingshui Economic Development Zone | investinchina.chinadaily.com.cn

Mingshui Economic Development Zone

govt.chinadaily.com.cn Updated: 2019-03-08

Mingshui Economic Development Zone, located in Zhangqiu district, Jinan, Shandong province, was established by the provincial government in 1992 and elevated to the national level by the State Council in 2012.

It is only 40 kilometers from downtown Jinan and a two hours drive away from the port city, Qingdao. Mingshui Railway Station and Jinan International Airport are both located in Zhangqiu district, bringing many conveniences to enterprises running a business in the zone.

To date, Mingshui Economic Development Zone has incubated four leading industries: transportation equipment, automatic manufacturing, refined chemistry, and food and beverage. There is a total of 237 enterprises above designated size, those with annual sales of more than 5 million yuan or $744,371.

The zone is home to factories or offices of many world top 500 multinationals, such as Coca Cola, Terex, Mitsui & Co, and MAN.

In the first half of 2016, the zone's major business revenue totaled 67.8 billion yuan, a 7.73 percent year-on-year increase. The industrial added value reached 15.39 billion yuan, rising by 7.69 percent compared with the previous year.