Nanjing Economic and Technological Development Zone

Nanjing Economic and Technological Development Zone [Photo provided to chinadaily.com.cn]

Nanjing Economic and Technological Development Zone was set up in September 1992 and became a national economic and technological development zone in 2002. Located in the northeast of Nanjing, the capital of Jiangsu province, the zone is divided into four areas: Xingang, Qixia, Longtan and a liquid crystal valley.

By the end of 2017, the zone covered 200 square kilometers, featuring four function areas: industry, bonded warehouses, financial trade and comprehensive service.

Three competitive industries – optical display, high-end equipment and biopharmacy – contribute significantly to the development of the area, with an output value of nearly 300 billion yuan ($43.2 billion). Its optical display output value accounts for 70 percent of the Nanjing market.

In the first nine months of 2018, the Nanjing zone achieved a regional GDP of 53.7 billion yuan, including an industrial added value of 42.9 billion yuan.

The actual foreign capital of the first nine months of 2018 was $500 million and the total import and export volume of service trade was $498 million.

Location map of Nanjing Economic and Technological Development Zone [Photo provided to chinadaily.com.cn]