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Viewing report
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Chongqing Airport Industrial Park
China Knowledge Press, June 2011, Pages: 25
Chongqing Airport Industrial Park (Chongqing Airport IP) rated “BB” by China Knowledge in a research report on China’s industrial real estate published today. The airport IP was approved and established by the Chongqing municipal government in January 2002 as a municipal-level development park.
Chongqing Airport IP has a favorable geographic location. It is only 1 km from Chongqing Jiangbei International Airport, which ranked tenth in terms of passenger throughput in China in 2008. Cuntan Deep-water Port, the largest container port in the upper reaches of the Yangtze River, is 13 km from Chongqing Airport IP. Longtousi Railway Station, which is engaged in both passenger and cargo transportation, is 11 km from the park. In addition, Chongqing Light Rail’s Line 3 runs through the park from north to south, while the Second Ring Freeway runs across the park from east to west.
Chongqing is rich in advanced human resources. It has 57 colleges and universities that produced 108,600 graduates in 2008. Four key national-level laboratories and five state-level engineering research centers are also located in the city. Well-known universities in the area include Chongqing University and Southwest University.
Chongqing Airport IP’s pillar industries include automobile and motorcycle manufacturing, equipment manufacturing and textiles. Automobile and motorcycle manufacturing bases have been formed within the park. Approximately 80 enterprises engaged in auto, motorcycle and machinery parts manufacturing have been established. Two such enterprises, Anhui Ankai Automobile and Zhengzhou Yutong Group, are both engaged in bus manufacturing. Chongqing Chang’an Automobile (Group), listed on the Shenzhen stock exchange, is a major commercial vehicle manufacturer. In 2008, the group sold 862,000 vehicles. Chongqing Hengtong Bus is a natural gas vehicle manufacturer, while Chongqing Yinxiang Motorcycle (group) mainly produces motorcycle.
In 2005, Bosch, one of the park’s Fortune 500 companies and a leading global industrial technology manufacturer, launched a joint venture company called United Automotive Electronic Systems in Chongqing Airport IP. The JV is mainly engaged in researching and manufacturing engine management systems. The program commenced operations in July 2006.
In addition, Chongqing Airport High-tech Textile Industrial Park, which has a land area of 7 sq km, is located in Chongqing Airport IP. Industrial chains of chemical fibers, cotton spinning, wool spinning, weaving and garments have been formed.
Industrial parks rated BB are considered attractive at a below-average level. Industrial parks with this rating are typically either in the development stage or are lacking certain important elements. There are 50 with BB rating among 254 national and municipal level industrial parks.
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