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State Level Economic Zone - Chongqing Economic & Technological Development Zone

Brief Description  state-level industry zone; an economic center on the upper reaches of the Yangtze River; the largest multi-functional modern industrial and commercial city in west China.

Main industrial sectors   automotive, motorcycle and supporting industry, export processing industry, modern logistics, electronic information, biomedical, refine chemicals, green food, apparel manufacturing

Residing Companies:  3254 

  Foreign Companies: 468

  Total investments: 4604370000

 

State Level Economic Zone - Chongqing Economic & Technological Development Zone

The towering mountains and the low river valleys are witnesses of the history of the three thousand years of civilization of Chongqing. In the long river of history, the city, with its tremendous power of cohesion and influence upon its neighboring areas, became a regional military and political center and a distributing center of commodities. It has been a flourishing city for over a thousand years. In the last hundred years and more, the city grew with its commerce, flourished with the move in of political and industrial establishments from the coastal areas of east China, and achieved economic take-off with the reform. As a result, the city of Chongqing has changed from an ancient military strategic pass into a city open to the outside world that holds a strategic position connecting the central and western parts of China, from an ancient regional trading center into an economic center on the upper reaches of the Yangtze River, from a city of trade of the 19th century into the largest multi-functional modern industrial and commercial city in west China, and from a port city in the east part of the Sichuan basin into a municipality directly under the central government that stands in the hinterland of China but faces different parts of the world. Since Chongqing Economic & Technological Development Zone (CETZ) was founded 13 years ago, according to the guideline of "three focuses, two dedications and one promotion", CETZ does its best to incubate investment surroundings, brings forth new ideas in the management system, tries its best to introduce investment both from home and abroad and rears new economy to fulfill the leapt-over development. In the period of the 10th-five-year plan, the main economic targets of CETZ such as total income, local GDP, gross industry value, tax revenue, reached 109.1 billion yuan, 30 billion yuan, 80.7 billion yuan, 7.8 billion yuan, 2.1 billion yuan respectively, which are an increase of more than two times in the period of the 9th-five-year plan. Now, CETZ has become a new modern city area with opening-up oriented economy, perfect social functions and beautiful environment, which is one of the most vigorous regions in economy and for investment in the upper reaches of Yangtze rive, even in the West of China. And it does play an important example as an state-owned Economic & Technological Development Zone to give an impetus to development. In 13 years, CETZ constantly liberates the ideas, creates bravely and improves its investment surrounding to accomplish great achievements. By the end of June,2006, investors from 22 countries and regions have localized in the zone. 428 top world 500 enterprises and well-known firms including Ford, Coca Cola, Ericsson, Honda, BP, Carbone Lorraine, Visteon, METRO, Johnson Control, Lear, Suzuki, Toyo, DENSO, Daikin, Kansai, Formosa Plastics and Ting Hsin have set there factories there. And the total investment volume is about 3.348 billion US dollars and the average one reaches 7.5 million US dollars. Even 46 projects investment are over 100 billion US dollar. Seven main industries have come into being such as automobile and motorcycle, electronic information, biological medicine, fine chemical industry and new material, green food , costume manufacturing and modern logistic industry. Once all the projects of the zone are in operation, the gross industry value will be 70 billion yuan. In the beginning of new history, CETZ will adhere to the principles of Den Xiaoping Theory and "Three Represents" important Thought, foster firmly and implement the Scientific Concept of Development, carry out persistently for the Party to give top priority to development in governing and rejuvenating the country, keep pace with the times, open up and blaze new trails , make concerted efforts and catch hold the opportunities to describe the blue print of the 11th five year plan - that's to say in 2010, to fulfill the local GDP of 24 billion yuan RMB, gross industry value of 80 billion yuan, tax revenue of 4.1 billion yuan, employment of 200,000 people and per GDP consumption less than 25% of which in the period of 10th five-year-plan, walk the modern industry road and construct the economical society so as to realize the determined object of "Establish another Chongqing Industry Zone in New North Zone by 2010"set by Chongqing municipal Party committee and government to build CETZ into a typical zone of China west investment environment, high-tech modern industry base, and core development pole in metropolitan developed circle and display area of metropolitan view and firstly realize the objective of overall well-off society in Chongqing and even in West of China.

 
 
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