Beijing Tianzhu Export Processing Zone
China Knowledge Press, June 2011, Pages: 25
Beijing Tianzhu Export Processing Zone (Beijing Tianzhu EPZ) rated “BBB” by China Knowledge in a research report on China’s industrial real estate published today. Established in 2000 by the State Council, Beijing Tianzhu EPZ is the only state-level export-processing zone in Beijing.
The EPZ is located in Tianzhu Town of Shunyi District to the west of Beijing Capital International Airport, 2 km from the terminal building just north of Zone A of Beijing Tianzhu Airport Economic Development Zone (Beijing Tianzhu Airport EDZ). Beijing Tianzhu EPZ is situated in Beijing Airport City, which has a population of 200,000. It is 25 km from the city center of Beijing, 120 km from Tianjin and 170 km from Tianjin Port.
In Dec 2006, with the approval of the State Council, Beijing Tianzhu EPZ extended the functions including bonded logistics, R & D, detection and maintenance, etc. on the basis of the existing processing production. In 2009, Beijing Tianzhu Integrated Free Trade Zone established, covers an area of 5.94 sq km, Tianzhu Export Processing Zone, Airport Bonded Logistics Center (B), the Airport cargo base, and the Airport Logistics Park were integrated into Beijing Tianzhu Free Trade Zone.
The EPZ is close to the airport. Cargo can be delivered to the airport within ten minutes. In 2010, the total revenue of the companies in the EPZ was over RMB 1.2 billion. The EPZ is adjacent to Beijing Tianzhu Airport EDZ, which has over 60 multinational corporations including JVC, Sony, Ericsson, LG, Airbus, Panasonic, Murata Electronics and Citizen. The companies in the EPZ enjoy cooperation with enterprises in the ETDZ.
Tianzhu Town, where the EPZ is situated, is home to Beijing Modern Auto City and China International Exhibition Center, which is also known as the New Center. The New Center was opened in 2008 and covers an area of 660,000 sq m.
Its major industries are industrial automation equipment, electronics and information technology and biopharmaceuticals. Over 40 enterprises from the U.S., Canada, France, U.K., Japan and Hong Kong have established businesses in Beijing Tianzhu EPZ, with an average investment of US$27.6 million. In 2001, Japan-based SMC invested US$200 million in building its largest export-processing base for pneumatic components in China. The base covers an area of 180,000 sq m.
Industrial parks rated BBB are considered attractive at an average level. They have less-than-adequate investment conditions and may have some flaws. They may be promising industrial parks but there are uncertainties regarding future development. Most of these are industry specific theme park that caters to fewer industries. There are 60 such BBB rating out of 254 national or municipal-level industrial parks where many are seeking to transform or upgrade its facilities to attract new economy industries.
JVC, Sony, Ericsson, LG, Airbus, Panasonic, Murata Electronics and Citizen
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