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Viewing report
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Chongqing Gangcheng Industrial Park
China Knowledge Press, June 2011, Pages: 25
Chongqing Gangcheng Industrial Park (Chongqing Gangcheng IP) rated “BB” by China Knowledge in a research report on China’s industrial real estate published today. The industrial park Chongqing was approved and established by the Chongqing municipal government in 2002 as a municipal-level development zone. It consists of zones A, B, C and D.
The A zone is used mainly as a mechanical and electronic industrial park while zones B and C are principally used as storage and logistic parks. The D zone is a park for small and medium-sized enterprises.
Chongqing Gangcheng IP has a convenient transportation system. It is adjacent to the Yangtze River and Chongqing Export Processing Zone. State Highway 319 and State Highway 210 pass through the park. It is within an 8-minute drive of Chongqing Jiangbei International Airport. In addition, Chongqing Tangjiatuo Station, a freight railway station with an annual cargo throughput of 3 million tons, is located in the park.
Chongqing is rich in advanced human resources. It has 61 colleges and universities that produced 130,000 graduates in 2010.
Four key national-level laboratories and five national-level engineering research centers are also located in the city. These institutions are able to provide plenty of highly skilled talent for the development of Chongqing Gangcheng IP.
The industrial park’s pillar industries include electrical appliance manufacturing, equipment manufacturing and automobiles and auto parts. There are approximately 110 enterprises in the zone. Representative firms include Haier, China International Marine Container and Chang’an Kuayue Automobile.
Haier, China’s top white goods producer, has invested RMB 2.8 billion in building its 15th global industrial park in Chongqing Gangcheng IP. Its products include central air conditioning units, home air conditioners, TVs, water heaters, washing machines and refrigerators. In 2010, Haier contributed RMB 10.6 billion to the park’s gloss industrial output, accounting for 37.56% of the park’s total.
According to the development plans for Chongqing Gangcheng IP, the park is expected to establish integrated industrial chains in its pillar industries and realize gross industrial output of RMB 40 billion in 2012.
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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