Nanjing National Cross-strait Science and Technological Industrial Park
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Facts & Figures (2010)
| Rating |
BBB |
| Year of Establishment |
1997 |
| Land Area |
3.5 km2 |
| Location |
Nanjing, Jiangsu |
| GDP |
N.A. |
| FDI |
US$850 million (cumulative) (2009) |
| Utilized FDI |
N.A. |
| Major Investors |
Foxccon, Walsin Lihwa, Ho Tung Chemical |
| Major Industries Encouraged |
Electronic information, bio-pharmaceutics, new material |
| Source of Facts & Figures |
Source: Administrative Committee of Nanjing National Cross-strait Science and Technology Industrial Park |
| Introduction |
Nanjing National Cross-strait Science and Technology Industrial Park, one of the two state-level cross-strait science and technology industrial parks in China, was approved by the Taiwan Affairs Office of the State Council and the Ministry of Science and Technology in 1997 and has an area of 3.5 sq km.
The zone is close to Nanjing Port, which was the country’s third-largest inland-river port in terms of cargo throughput in 2008 and is the largest inland-river petrochemical and liquid chemical products transfer port. The zone is connected to downtown Nanjing and other major cities via the Nanjing-Shanghai Expressway, the Nanjing-Hangzhou Highway, the Nanjing-Maanshan Highway, the Nanjing-Hefei Highway and the Nanjing-Lianyungang Highway. It can also be reached by the Nanjing North City Loop Railway, which is linked to the Jin-Pu Railway, the Hu-Ning Railway and the Wan-Gan Railway.
Nanjing Lukou International Airport, 50 km away, is within 30 minutes’ drive of the zone on the Airport Expressway. In China, it ranked tenth in cargo throughout and 13th by passenger throughput in 2008. Nanjing, along with Beijing, Shanghai, Guangzhou and Xiamen, offers weekend charter flights to Taiwan. |
| Investment Climate |
The cross-strait industrial zone has four functional areas: a high-tech industrial area, an R&D and education area, a bonded logistics area and a finance and commercial area. It has attracted major industries in the electronic information, biopharmaceutical and new material sectors.
The zone’s home city, Nanjing, has strong economic ties with Taiwan. In 2010, about 16% of Nanjing’s foreign investment came from Taiwan. Over 1,000 Taiwan-invested firms have been set up in Nanjing.
At present, 30 Taiwanese firms, including Walsin Lihwa, an electric wire and cable maker, and Ho Tung Chemical, a major manufacturer of LAB and LAS, have started production in the cross-strait industrial zone. Walsin Lihwa’s second SCR steel products production line is under construction. It will have an annual production capacity of 250,000 tons. Ho Tung plans to invest about US$183.5 million in the petrochemical and biopharmaceutical sectors.
Taiwan-based Foxconn, a Fortune 500 enterprise, created a software base in the zone to develop wireless communication networks, enterprise information security and medical software in August 2007. This is its first software base in mainland China. |
| Winning Edge and Limitation |
Winning Edge
- The park has access to a well-established transportation network. Nanjing is among the first five cities to run weekend charter flights to Taiwan.
- It can draw from rich talent and labor sources. There are over are 41 universities and 80 secondary vocational schools in Nanjing.
- Its home city, Nanjing has strong economic ties with Taiwan.
Limitations
- The park is still under construction. The advantages of economy of scale are small.
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| The Administration Committee |
Address: 1 Tianpu Rd, Pukou District, Nanjing
Tel: 86-25- 58288616, 58287895, 58288685, 58288619
Fax: 86-25-58287892
Website: www.njxg.com |
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