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Luoyang Hi-Tech Industrial Development Zone Updated: 2019-03-08
Luoyang Hi-Tech Industrial Development Zone in Luoyang, central China's Henan province [Photo/]

Luoyang Hi-Tech Industrial Development Zone was set up upon approval from the State Council, China's Cabinet, in 1992. It is not only rated as a pilot area for IP protection, but is also an industrial base for silicon material and robotics technology.

Covering an area of 131.5 square kilometers, the development zone is home to a population of 200,200. The construction areas have expanded to 24 square kilometers. In 2017, the zone was allowed to build a free trade zone to stimulate its cross-border commerce.

Making full use of the resources of Luoyang, the zone has rolled out a plan to develop six key sectors, namely advanced manufacturing, new materials, robotics and smart devices, clean energy vehicles, biological medicine, and the technology-empowered service industry.

As of the end of 2016, the zone has registered a total of 92 hi-tech enterprises, nine of which are of the state level, and 10 academician or postdoctoral workstations. The official statistics suggest that every 10,000 people in the development own 83 patents, 12 times higher than the national level.

According to the zone's official statistics for 2016, the enterprises above designated scale, those with annual sales of more than 5 million yuan ($744,371), generated an added value of 5.04 billion yuan, a year-on-year increase of 10.7 percent. The regional GDP was 9.29 billion yuan, up 9.6 percent compared with the previous year. The fixed asset investment totaled 10.62 billion yuan, surging by 15.8 percent.