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Baoding High-tech Industrial Development Zone
China Knowledge Press, June 2011, Pages: 25
Baoding High-tech Industrial Development Zone (Baoding HIDZ) rated “BBB” by China Knowledge in a research report on China’s industrial real estate published today. The Baoding HIDZ established by the State Council in 1992 and has an area of 12.23 sq km.
Baoding HIDZ consists of three zones, a central zone, an eastern zone, and a western zone. The central zone, a scientific and technological park, is located in the northern part of the city’s downtown and has the largest area. All three zones are within 3 km of the Baoding Train Station, where the Beijing-Guangzhou Railway passes through. Additionally, expressways connect Baoding with Beijing, Shijiazhuang and Tianjin. Although Baoding has an airport, it is too small to be ranked among the top 150 airports of China. However, Baoding’s neighbor, Beijing, has the largest airport in the country.
Its pillar industries are new energy, electronics and information technology, biopharmaceuticals, new materials and food processing. New energy is the dominant industry of Baoding HIDZ, which is known as the “Valley of Electricity” in China. In 2003, the zone was designated China’s only national industrial base for new energy and power equipment manufacturing by the Ministry of Science and Technology. The industrial output of new energy will reach an estimated RMB 100billion in 2015 and RMB 200 billion in 2020.
The zone’s main strengths lie in solar photovoltaic equipment, wind power generation equipment, automatic controls for power systems and energy-conservation equipment manufacturing. There are over 200 enterprises in this sector. In 2010, the gross industrial output of the zone reached RMB 72 billion, 60% of which were contributed by new energy companies.
Yingli Solar is the largest company in the photovoltaic field, as well as China’s largest and the world’s fourth-largest solar cell manufacturer. In the wind power equipment field, there are nearly 50 companies. The largest one is Zhong Hang Huiteng Corp, whose revenue was RMB 1.5 billion in 2007. Its output of wind power blades accounted for 90% of the nation’s total. In 2007, a wind power industrial park with an investment of RMB 1.1 billion was set up in Baoding HIDZ.
Baoding HIDZ has strong research capabilities in the energy field. Besides its research cooperation with North China Electrical Power University in the electric sector, Baoding HIDZ has also set up R&D relationships with institutes in the Netherlands, the U.S., Germany and the U.K. The zone is home to five national R&D centers.
In 2008, Baoding HIDZ’s export value was US$1.8 billion, up 58.2% year on year. The utilized FDI nearly quadrupled to US$484 million.
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.
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