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Lanzhou National New and High-technology Industrial Development Zone
China Knowledge Press, June 2011, Pages: 25
Lanzhou National New and High-tech Industrial Development Zone (Lanzhou NHTIDZ) rated “BBB” by China Knowledge in a research report published today. Located in Lanzhou, which is the capital of Gansu Province, Lanzhou NHTIDZ was established and approved by the State Council as a state-level high-tech development zone in 1991.
In 2008, the total industrial output of the NHTIDZ was RMB 37.4 billion, up 48.4% year on year, and the total value-added industrial output was RMB 7.3 billion, up 56.4% year on year. The value added industrial output of the zone accounted for 22.9% of the city’s total.
By the end of 2010, more than 400 enterprises in total located in Lanzhou NHTIDZ. The zone’s major industries are new materials, biopharmaceuticals, micro-electronic, advanced manufacturing technology, energy conservation and environmental protection.
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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