Chongqing New North Zone
11 December 2012
Facts & Figures (2010)
|Year of Establishment||Dec. 2000|
|Land Area||136.6 km2|
|GDP||RMB 36.5 billion, 17% up|
|FDI||US$8.2 billion (cumulative, contracted) (2009)|
|Utilized FDI||US$1.64 billion|
|Major Investors||Ford, Metro, Ericsson, Honda, Visteon, BP, Suzuki, Denso, Kansai, Formosa Petrochemical, etc.|
|Major Industries Encouraged||information technology, bio-pharmaceuticals, automobiles and motorcycles, fine chemicals, new materials, green foods processing, garments, mechanical and electronic integration|
|Source of Facts & Figures||Chongqing NNZ|
|Introduction||Chongqing New North Zone (Chongqing NNZ) was approved and established by the Chongqing municipal government in December 2000 as a municipal-level development zone. |
With a land area of 136.6 sq km, Chong-qing NNZ is the largest development zone in the city. Strictly speaking, it is not an industrial park, but a city district. Chongqing Economic and Technological Development Zone-Northern Zone (Chongqing ETDZ-NZ), Chongqing High-tech Industrial Development Zone-Northern Zone (Chongqing HIDZ-NZ), Chongqing Export Processing Zone (Chongqing EPZ) and Chongqing Cuntan Port Zone are under the administration of Chongqing NNZ.
|Investment Climate||Chongqing ETDZ-NZ, with a land area of 83.7 sq km, is a vital part of Chongqing NNZ. It is located in the northern part of Chongqing NNZ adjacent to Jiangbei International Airport and Cuntan Container Terminal. The state-level Chongqing EPZ is also located in Chongqing ETDZ-NZ. According to development plans, Chongqing ETDZ-NZ will construct its own Export Processing Zone, Automobile Industry Park, Environmental Protection Industrial Park, Science and Technology Industrial Park, and Central Business District.|
Chongqing HIDZ-NZ, with a land area of 50 sq km, is located in the southern part of Chongqing NNZ and is the largest industrial zone of Chongqing High-tech Industrial Development Zone (Chongqing HIDZ). According to development plans, Chongqing HIDZ-NZ will build Chongqing Photovoltaic Industry Base, Chongqing Software Industry Base, Chongqing Medical Device Industry Base and Chongqing New Materials Industry Base.
Chongqing Cuntan Port Zone is also part of Chongqing NNZ. The zone’s construction began in June 2003. Investment in the zone totals RMB 1.5 billion. When the first phase of construction was completed in 2005, the zone had an annual throughput capacity of 200,000 standard containers.
In 2011, Chongqing NNZ’s GDP grew 17% year on year to RMB 36.5 billion, the gloss industrial output was RMB 100.3 billion, and accounted for 8.3% of the city’s total. The output from automobile and parts was RMB 86.5 billion and up by 6%. In 2011, the utilized FDI of the zone reached US$1.64 billion, of which, 76% of the investment went to the service sector.
By the end of 2009, Chongqing NNZ had introduced 3,551 projects, involving total investment of RMB 126.5 billion. There were 868 foreign-invested companies, and their gross investment totaled US$8.2 billion. Fifty Fortune 500 companies have established a presence in Chongqing NNZ.
According to Chongqing NNZ’s plan, the annual industrial output of the zone will reach RMB 300 billion by the end of 2012.
|Winning Edge and Limitation||Winning Edge|
|The Administration Committee||Address:No. 8, Jiaxin Road, Yubei, Chong-qing, P.R. China 401147|
Tel: 86- 23- 67521302
- Mainland China
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