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Xi'an Economic and Technological Development Zone (including Xi'an Export Processing Zone (A Zone))
China Knowledge Press, June 2011, Pages: 25
Xi’an Economic and Technological Development Zone (Xi’an ETDZ) rated “A” by China Knowledge in a research report published today. Located in Xi’an, the capital of Shaanxi Province, the ETDZ was established in 1993 and approved by the State Council in February 2000 as a state-level development zone.
Xi’an ETDZ consists of the Central Business District, the Caotan Eco-industrial Park, the Jingwei Industrial Park and the Shaanxi Xi’an Export-Processing Zone (A Zone). The A Zone established in 2002 by the State Council as a state-level export-processing zone.
The zone established a Talent Exchange and Service Center in 2002, primarily to take advantage of the city’s high-level talent. Xi’an ETDZ draws graduates from 48 local universities as well as institutions in other cities.
Xi’an ETDZ has well-developed transportation network. It takes a mere twenty minutes to drive from the zone to the Xi’an Xianyang International Airport, an airport that ranked ninth in terms of passenger throughput in 2007. The new railway passenger station is located in the Caotan Eco-industrial Park. There are five expressways, namely the Xi’an-Tongguan Expressway, the Xi’an-Yanliang Expressway, the Xi’an-Tongchuan Expressway, the Xi’an-Baoji Expressway, and the Xi’an-Lantian Expressway, as well as 108 national highways connecting to Xi’an ETDZ.
In 2009, GDP of Xi’an ETDZ grew 30% and reached RMB 36.5 billion, accounting for 13.4% of the city’s GDP. The park’s GDP was ranked first in all economic and technological development zones in western region of China. Value added industrial output amounted to RMB 25.87 billion, up 29.57% year on year.
The ETDZ’s pillar industries are commercial vehicles, electricity and electronics, new materials, and food and beverages. There are almost 3,000 enterprises in 500 industrial programs established in Xi’an ETDZ. Fortune 500 investors such as Coca-Cola, Siemens, Mitsubishi, Hitachi, Rolls-Royce, ABB, Norsk Hydro, Cummins, and BP, along with many domestic enterprises including Shaanxi Heavy-Duty Automobiles and Guizhou Aviation have set up business in the zone.
Phase One of the Commercial Industrial Park of Shaanxi Heavy-Duty Automobiles has officially commenced operation. Its total industrial output is expected to amount to RMB 35 billion in 2010. The electronics and new materials industries of Xi’an ETDZ are expected to realize total industrial output of RMB 12 billion and RMB 8 billion respectively in 2010.
During the same year, the utilized FDI of the zone reached US$337 million, accounting for 27.7% of Xi’an’s total. The total export value of the zone amounted to US$834 million, rising 24.8% year on year and accounting for 25% of the city’s total.
The latest figures show that in the first half of 2010, the export value rose 17.74% to US$715.64 million. In the first three quarters of 2010, value-added industrial output of the zone amounted to RMB 25.58 billion, up 36.77% year on year, and the gloss industrial output hit RMB 91.61 billion, increased by 41.37%. The utilized FDI rose 17.12% to US$305.82 million.
Industrial parks rated A have above-average investor appeal. Basic conditions are adequate, but improvements are still needed in some areas. There are 50 single A rated industrial parks among 254 rated by China Knowledge since 2003. This class of industrial parks that are mainly found in the Northeastern, Western and Central China, benefits from these regions’ lower labor cost.
Coca-Cola, Siemens, Mitsubishi, Hitachi, Rolls-Royce, ABB, Norsk Hydro, Cummins, BP, Shaanxi Heavy-Duty Automobiles and Guizhou Aviation