Zhanjiang Economic and Technological Development Zone | investinchina.chinadaily.com.cn

Zhanjiang Economic and Technological Development Zone

govt.chinadaily.com.cn Updated: 2018-12-17

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Zhanjiang Economic and Technological Development Zone [Photo/VCG]

As one of the first batch of State-level economic and technological development zones, Zhanjiang Development Zone was established on November 29, 1984 with approval of the State Council. It is composed of the established zone, the industrial zone of Donghai Island and the tourist zone. The established zone is located in the center of Zhanjiang city, the industrial zone of Donghai Island is in the southeast of Zhanjiang city, and the tourist zone is in the eastern and  southern parts of Donghai Island.

The development zone is characterized as one zone with multiple parks, including Guangzhou (Zhanjiang) industrial transfer park. It also houses the Zhanjiang High-tech Industrial Development Zone and other industrial parks, including one for the petrochemicals industry and another for wheel production and transfer. The zone continues to operate on a high-tech economic cycle.

After the establishment of the zone, over 700 enterprises and companies had settled there, with investment from the United States, Japan, England, Singapore, Hong Kong and Taiwan. Some global top 500 companies and other renowned enterprises such as Bao-steel, Sinopec, CNOOC, Coca Cola, Pepsi Cola, Pacific Ocean, Saint-Gobain, Hilti, Guanhao Hi-tech, Guolian Aquatic, Dai Chung Textiles have launched projects in the zone. 

The zone’s accumulated gross industrial output value is over 140 billion yuan ($20.18 billion), actual use of foreign capital has passed $1 billion, export trade value adds up to more than $4 billion, and fixed assets investment totals over 30 billion yuan.