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Viewing report
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Beijing Badaling Economic Development Zone
China Knowledge Press, June 2011, Pages: 25
Beijing Badaling Economic Development Zone (Beijing Badaling EDZ) rated “B” by China Knowledge in a research report on China’s industrial real estate published today. The industrial park was set up in 1992 at the foot of the Badaling Great Wall in Yanqing County in Beijing, which is the capital of China and was the second-largest city in China in terms of GDP in 2010. In 2000, it was approved as a municipal-level development zone by the Beijing municipal government.
The zone enjoys convenient transportation. It is 60 km from Tiananmen Square, the city center of Beijing, within merely one hour’s drive of Beijing Capital International Airport and within two hours’ drive of Tianjin Port. The zone is adjacent to Beijing-Yinchuan Highway and Kangzhuang Railway Cargo Distribution Center, and the Beijing-Baotou Railway goes through the zone.
In 2010, Beijing Airport’s passenger throughput reached 73.9 million, ranking first in China, second in the world. The airport offers flights to 96 domestic cities and 91 overseas cities. Tianjin Port is the main passageway for cargo from Beijing and North and Northwest China entering the Bohai Sea. The port’s cargo throughput reached 400 million tons, ranking third in China after Shanghai and Ningbo.
Beijing is now the largest educational center in China. By the end of 2010, there were 89 universities and colleges in Beijing, with a total enrollment of 578,000. The nation’s most established universities are located in Beijing. They include Peking University and Tsinghua University, dubbed China’s Harvard and MIT, respectively.
By the end of 2010, more than 600 enterprises had established business in Beijing Badaling EDZ. The gross investments in the zone reached RMB 5 billion.
The zone’s major industries are new construction materials, garments and pharmaceuticals. Beijing Orchard Laonong Food, Beijing Yi Ou Garment, Beijing Jinhailuo Building Materials, Beijing Siwei Pharmaceuticals, Beijing Yidun and other domestic firms have invested in the zone. Beijing Orchard Laonong Food, established in 1992, is a dried-fruit trader and has standard workshops and warehouses in the zone. Beijing Composite Materials Co Ltd, formerly FRP Institute, was set up in 2003 with a registered capital of RMB 40 million. It specializes in SMC materials, FRP cylinders, BMC materials, glass fiber products and other materials.
Industrial parks rated B are viewed as poorly established. Much effort is necessary for the creation of an attractive investment environment in these parks. There are 45 with ‘B’ rating among the 254 national or municipal-level industrial parks located across the country.
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