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Xi an Economic and Technological Development Zone (including Xi an Export Processing Zone)

Sort: Industrial-Parks-in-China Time : (2008-7-22 11:07:46)

 
2005 FACT SHEET
Rating BB
Area (km2) 23.5 km2
GDP (USD billion) RMB 5.65 billion (USD 680 million)
Year of Establishment 1993
Location Xi'an, Shaanxi
Major Investors Coca-Cola, GM, HP, Mitsubishi Electric ABB, Rolls Royce, Taikoo Group, Siemens and Ting Hsin
Total Foreign Direct Investment USD 813 million (contracted), USD 260 million (utilized)
Major Industries Encouraged Electronic-mechanical integration, medicines, bioengineering, foodstuff and new materials




Introduction
 
Xi'an Economic and Technological Development Zone (XAETDZ) was established in October 1993 and was approved as a state-level development zone by the State Council in February 2000.
 
Covering 23.5 km2, XAETDZ is located outside the North Gate of Xi'an City, 5.5 km from the downtown area and 30 km from Xi'an Airport.
 
To boost export-oriented industries, Xi'an Export Processing Zone (XAEPZ) was approved for establishment in June 2002 with a total area of 2.8 km2. It is the first EPZ in the northwest region.
 
Investment Climate
 
XAETDZ has become one of the main economic growth engines in Xi'an. In 2003, its GDP reached RMB 5.65 billion (USD 680 million), 43% higher than in 2002.
 
Thus far, XAETDZ has formed four industrial clusters, namely, mechanical and electronics products, food and other light industries, bioengineering and pharmaceuticals, and new materials.
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