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Viewing report
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Lanzhou National Economic and Technical Development Zone
China Knowledge Press, June 2011, Pages: 25
Lanzhou National Economic and Technical Development Zone (Lanzhou ETDZ) rated “BB” by China Knowledge in a research report published today. Located in Lanzhou, the capital of Gansu Province, the ETDZ was established in 1993 and approved by the State Council in March 2002, as a state-level economic and technological development zone.
Lanzhou ETDZ is a hub of four trunk railways: the Lanzhou-Lianyunguang Railway, the Lanzhou-Urumchi Railway, the Lanzhou-Xining Railway and the Baotou-Lanzhou Railway. The zone is 4 km from Lanzhou’s West Train Station, which is the primary cargodistribution center in Northwest China. Lanzhou ETDZ is also connected to the Lanzhou-Haikou expressway, and is 40 km from Zhongchuan International Airport.
In 2009, the GDP of Lanzhou ETDZ grew 26.27% to RMB 5.9 billion, and accounting for 6.4% of the city’s total. The value-added industrial output of the zone was RMB 2.63 billion, up 27.79% year on year. There are 471 enterprises located in Lanzhou ETDZ, including 247 industrial, 9 construction, 105 commercial and catering enterprises and over a hundred service providers.
The zone’s major industries are biopharmaceuticals, petrochemicals and paper manufacturing, textiles and garments, microelectronics, and metal and non-metallic manufacturing. Representative enterprises include Gansu DS Biology and Technology and Lanzhou Huatong Technology.
In 2007, Lanzhou ETDZ inked deals for four projects: the Lanzhou Shengguotou commercial center project, the Country Garden Lanzhou real estate and five-star hotel project, the Lanzhou thermal power project, and the northwest auto parts and automotive supplies industrial park project. Total investment in the four projects amounts to RMB 5.5 billion.
In 2009, the utilized FDI of the zone reached US$30 million, accounting for 36.54% of Lanzhou’s total. The total export value of the zone amounted to US$14 million, rose 3.09% year on year and accounting for 4.57% of the city’s total.
The latest figures show that in the first three quarters of 2010, gross industrial output of the zone amounted to RMB 8.3 billion, up 25.08% year on year, while the value-added industrial output hit RMB 2.3 billion, up by 31.88%.
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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