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Nanjing New & High-Tech Industry Development Zone was jointly founded by Jiangsu Provincial Peoples Government and Nanjing Municipal Peoples Government, and started to break ground of construction on Sept.1, 1988. It was ratified as a national new and high-tech industry development zone by the State Council on March 6, 1991.
The city Nanjing, where the NHZ is located, is situated at the plain of the lower reaches of the Yangtze River and the coastal opened area in China, with the advantages of being both coastal and along the river. Nanjing is the capital of the Jiangsu Province--- a large economic, scientific and technological province in China. It features as the convenient traffics, the flourishing sciences and technologies, a galaxy of talents, the solid industrial foundation, the prosperous commodity trade, and the social economic prosperity. In 1998, the Gross National Product (GNP) of the whole city had reached 82.6 billion RMB Yuan, and the total industrial production value had reached 120.9 billion RMB Yuan. In recent years, the infrastructures in Nanjing have been constructed very rapidly. The large-scale international airport has been open to air traffic.
Many expressways, such as the Shanghai-Nanjing expressway, have been open to traffic. The roads in the city have formed a rapid-speed road system, with the outer ring-lines and the inner networks. The water supply, the power supply, the gas supply, and the communications facilities have all ranked front in the country, so that Nanjing has become the hot point, in which the merchants at home and abroad would like to invest. The enterprises coming from 51 countries and regions have invested in Nanjing to found over 3,500 foreign-invested enterprises. Moreover, Nanjing is a famous historical and cultural city in China. In the Chinese history, ten dynasties had settled here as capital. In Nanjing, mountains, waters, the city and forests set each other off and have formed a delightful scene. With its magnificent and graceful scenery, Nanjing is the well-known sight-seeing city for the tourists.
The NHZ is situated on the north bank of the Yangtze River. The planned area of the NHZ is 16.5 square kilometers, among which the area of 3.2 square kilometers has been exploited and constructed. At present, there are over 1,000 enterprises have entered the NHZ. Among them, there are over 100 foreign-invested enterprises. In 1998, the total revenue from the technology, industry and trade of the NHZ was 17.1 billion RMB Yuan, and the profits before the taxes was 1.7 billion RMB Yuan, the tax revenue was 0.42 billion RMB Yuan, and the foreign exchange earned from export was 170 million USD.
Relying on the solid scientific & technical forces and industrial foundations, the NHZ adheres to dominantly developing the new & high-tech industries, so that it has formed a certain scale in such four industries as the electronics & information, the bioengineering & pharmacy, the new-type materials and the aeronautics & astronautics, etc. The NHZ is the concentrated area and the industrial base of the two large industries --- the electronics & information, and the bioengineering & pharmacy, which are taken as the dominant development orientation by the Nanjing Municipality. In the NHZ, there are over 150 new & high-tech enterprises, which account for 75% of the total number of the new & high-tech enterprises in the whole city, The production value of these enterprises accounts for 90% of the total revenue from the technology, industry and trade of the NHZ.
At present, the NHZ is speeding up its exploitation and construction, in accordance with the overall goal at constructing "the tree-garden-shaped, high-tech zone and the noble social area for living," and creating better environments for the development of the new high-tech industries in Jiangsu and Nanjing.
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Brief
Description one of large
economic, finance, science and technology centers in China
