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Profiles of China Provinces, Cities and Industrial Parks



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Content provided by :  China Knowledge
   
19 Sept 2011
Beijing Miyun Economic Development Zone

Facts & Figures (2010)

Rating BB
Year of Establishment 1992
Land Area 3.5 km2
Location Beijing
GDP RMB 9.01 billion, 27.7% up (Jan-Nov 2010)
FDI N.A
Utilized FDI US$204.3 million (2008)
Major Investors Futian Auto, Yili, Hualong Group, Taizi Group, NUCTECH, Renchuang, Huayuan, Mando
Major Industries Encouraged Electronics, auto parts, food processing
Source of Facts & Figures Source: Beijing Statistical Book
Introduction The Beijing Miyun Economic Development Zone (Beijing Miyun EDZ), formerly known as Beijing Miyun Industrial Park, was set up in 1992. It won approval to be a municipal-level development zone from the Beijing municipal government in 2000, and has an area of 3.5 sq km.

The zone is situated in Miyun County in the northeastern part of Beijing, 65 km from the city center. The zone is adjacent to Beijing-Miyun Road and Beijing-Chengde Highway. Beijing Capital International Airport and Tianjin Port are located 40 km and 160 km away from the zone, respectively.

In 2010, Beijing Airport’s passenger throughput reached 73.9 million, ranking first in China, while its cargo throughput was 1.4 million tons, ranking second. 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 Miyun EDZ consists of a high-tech electronic information base, a bioengineering and pharmaceuticals base, a textiles-processing base, an auto parts manufacturing base and a green food processing base. It encourages investment in the electronics, auto parts, food processing, pharmaceuticals and auto parts industries.

By 2008, there were 165 companies in the zone. Their total revenue reached RMB 11.3 billion in 2008.

By 2008, the zone attracted US$224.3 million in contracted foreign investment and the utilized FDI reached US$204.3 million. The major investors in the zone are Futian Auto, Yili, Hualong Group, Taizi Group, NUCTECH, Renchuang and Huayuan.

Beijing Huayuan Renji Pharmaceuticals Logistics Park, founded by Anhui-based Huayuan Group and Beijing Miyun EDZ Group, was inaugurated in 2006 in the zone. Total investment in the park exceeded RMB 100 million. Covering an area of 30,000 sq m, the logistics park is capable of storing 25,000 types of pharmaceuticals.

Beijing Mando Auto Under-chassis Co Ltd, set up in 2003, was founded by Korea-based Mando with a total investment of US$28.7 million. The annual production capacity of this firm is over 150,000 chassis.
Winning Edge and Limitation Winning Edge
  • The zone has convenient transportation systems and an advantageous geographic location.
  • There is a rich talent pool for high-tech industries in Beijing


Limitations
  • There is lack of large multinational companies and strong industrial bases
  • There are rising investment costs and high labor costs in Beijing
The Administration Committee Address: Miyun Economic Development Zone, Beijing 101500
Tel: 96-10-69044661, 89098825
Website: www.bmida.gov.cn

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