Guiyang Economic and Technological Development Zone
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Facts & Figures (2010)
| Rating |
BBB |
| Year of Establishment |
1993 |
| Land Area |
63.1 km2 |
| Location |
Guiyang, Guizhou |
| GDP |
RMB 5 billion, 13.22% up (2009) |
| FDI |
N.A |
| Utilized FDI |
US$26 million, 32% up (2009)
US$14.55 million, 22.89% up (Jan-Sep 2010) |
| Major Investors |
Guizhou Aviation Industry Group, Guizhou Jonyang Kinetics, Guizhou High Strength Bolt Factory, Sanjing Huayang Auto Parts, Guizhou Fengyang Hydraulic, Southwest Guizhou Tools (Group) |
| Major Industries Encouraged |
Machinery, electronics, spaceflight |
| Source of Facts & Figures |
Source: Guiyang ETDZ |
| Introduction |
Guiyang Economic and Technological Development Zone (Guiyang ETDZ) was established in February 1993 and approved by the State Council in January 2000 as a state-level development zone.
It is located in the southern part of Guiyang, 3 km from Guiyang Railway Station and 10 km from Longdongbao International Airport.
Currently, the zone has some large projects under construction, including Western Development Industrial Park, Foreign-invested Industrial Park, SMEs High-tech Park, Ecological Agriculture and Tourism Park, Hisense Industrial Park, Spaceflight Industrial Park and Mechanical and Electrical Industrial Park. These parks are all located inside Guiyang ETDZ. |
| Investment Climate |
In 2009, Guiyang ETDZ’s GDP grew 13.22% year on year to RMB 5 billion, and accounted for about 5.5% of the city’s total. The value-added industrial output of the park amounted to RMB 2.74 billion, up 17.55% year on year.
Guiyang ETDZ’s major industries are machinery, electronic information and aerospace. Representative enterprises include Guizhou Jonyang Kinetics, Hisense, China Jiangnan Space Industry Group and Guizhou Aviation Industry Group (GAIG).
GAIG is the production base of supersonic fighter and training aircraft in China. It also produces aircraft parts such as fuel pumps, missile launchers, hydraulic pumps, various kinds of aviation motors and transformer equipment. In 2007, the gross income of GAIG amounted to RMB 10.4 billion, surpassing RMB 10 billion for the first time in history.
In 2009, the utilized FDI of the zone reached US$26 million, accounting for 6.5% of Guiyang’s total. The total export value of the zone amounted to US$62 million, decreased 22.52% year on year and accounting for 14.9% of the city’s total.
The latest figures show that in the first half of 2010, the export value rose 5.54% to US$40.4 million. In the first three quarters of 2010, value-added industrial output of the zone amounted to RMB 1.98 billion, up 23.72% year on year, while the gloss industrial output hit RMB 8.93 billion, up by 43.55%. |
| Winning Edge and Limitation |
Winning Edge
- Labor and land costs are low
- Guizhou has a good supply of electricity and coal
- GAIG is located in Guiyang ETDZ, which supports the development of related high-tech industries
Limitations
- The zone lacks skilled labor and advanced management practices
- Guiyang ETDZ faces fierce competition from Guiyang High-tech Industrial Development Zone (Guiyang HIDZ), since the latter has attracted the most high-tech enterprises in the province
- The transportation system is still under development
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| The Administration Committee |
Address: No. 443 Yellow River Road, Xiaohe District, Guiyang, Guizhou, P.R. China 550006
Tel: 86-851-3833531
Fax: 86-851-3833198
Website: www.geta.gov.cn |
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