Beijing Caiyu Economic Development Zone
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Facts & Figures (2010)
| Rating |
C |
| Year of Establishment |
1999 |
| Land Area |
1.3 km2 |
| Location |
Beijing |
| GDP |
N.A |
| FDI |
N.A |
| Utilized FDI |
US$3.4 million (2008) |
| Major Investors |
Lear, Delphi, Jiangnan Mould & Plastic Technology, Beijing Auto |
| Major Industries Encouraged |
New materials, food processing |
| Source of Facts & Figures |
Source: Beijing Statistical Yearbook |
| Introduction |
Beijing Caiyu Economic Development Zone (Beijing Caiyu EDZ), formerly known as Beijing Daxing Caiyu Scientific Park, was built in 1999. It was approved as a municipal-level development zone by the Beijing municipal government in 2006 and has an area of 1.3 sq km.
Situated in Daxing District in the southeastern part of Beijing, Beijing Caiyu EDZ borders Oriental University Town and Beijing Economic and Technological Development Area, a state-level development zone in Beijing.
The zone is only 25 km from Tiananmen Square, the city center of Beijing. Located at the Caiyu Exit of the Beijing-Tianjin-Tanggu Highway, Beijing Caiyu EDZ is merely 20 km from Beijing Nanyuan Airport, 60 km from Beijing Capital International Airport and 70 km from Tianjin Binhai International Airport.
In 2010, Beijing Airport’s passenger throughput reached 73.9 million, ranking first in China, and second in the world. The airport offers flights to 96 domestic cities and 91 overseas cities.
Tianjin Port is the main passageway for cargo from Beijing and North and Northwest China entering the Bohai Sea. In 2010, the port’s cargo throughput reached 400 million tons, ranking third in China after Shanghai and Ningbo.
Beijing is now the largest educational center in China. By the end of 2010, there were 89 universities and colleges in Beijing, with a total enrollment of 578,000. The nation’s most well-known universities are located in Beijing. They include Peking University and Tsinghua University, dubbed China’s Harvard and MIT, respectively. |
| Investment Climate |
Beijing Caiyu EDZ’s major industries are new materials and food processing. The zone also encourages investment in the electronics and machinery industries. By 2008, 39 firms had been set up in the zone. In 2008, contracted investment totaled RMB 11.4 million and utilized investment totaled RMB 3.4 million.
In 2008, the total revenue of the companies in the zone was RMB 0.92 million. The zone has a strong auto parts manufacturing base. Major investors in the zone include Lear Corp, Delphi, Jiangnan Mould & Plastic Technology and Beijing Motor.
Beiqi Leer Automobile Electronic Appliance Co Ltd was jointly founded by Beijing Motor and Leer Corporation in 2007 with US$10 million. Beijing Motor, with an annual production capacity exceeding 500,000 units, is one of China’s oldest and largest car-makers. The joint venture mainly produces seating systems, electronic products and electrical distributions systems.
Beiqi Delphi Automobile A/C System Company, an air conditioning system producer, was founded by Beijing Motor, Shanghai Delphi Auto A/C Systems and Guanghua Shiyuan in 2008. The annual production capacity of this firm is expected to reach 200,000 units. |
| Winning Edge and Limitation |
Winning Edge
- The zone is competitive in the auto parts industry
- It has a geographic advantage and convenient transportation
- There are rich talent resources in Beijing.
Limitations
- Land, operating and labor costs are higher in Beijing than in development zones in central and western regions
- There are few large companies
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| The Administration Committee |
Address: Caiyu Economic Development Zone, Daxing District, Beijing 102606
Tel: 86-01-80271798 |
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