Guilin High-tech Industrial Development Zone

(Latest information update as at 2012)

Facts & Figures (2012)

Introduction

Located in Guilin, a famous tourist city in Guangxi Zhuang Autonomous Region, Guilin High-tech Industrial Development Zone (Guiling HIDZ) was established in May 1988 and approved by the State Council in March 1991 as a state-level high-tech industrial development zone.

Guilin HIDZ has a well-developed transportation network. It takes only about 5 hours to drive to Guangzhou and Beibu Gulf Port, one of the most important ports from inland China to Southeast Asia, via expressway. The city's railway connects directly to Liuzhou, an important railway hub in China. In addition, it is convenient to get from Guilin HIDZ to Liangjiang International Airport. The airport offers more than 60 flights to cities in China and overseas.

Investment Climate

In 2011, the GDP of Guilin HIDZ was RMB 14.3 billion and accounted for 11.3% of the city's total. The gross industrial output from enterpreses with designated size or above of the zone was RMB 20.82 billion, up 26.98% year on year.

The zone has five pillar industries with complete industrial chains. They are electronic information, mechanical and electronic integration, new materials, biopharmaceuticals and environmental protection. Representative enterprises include NEC, Guilin Stars Electric Power Electronic Technique Development Co Ltd, Guilin International Electric Wire & Cable Co Ltd, Guilin Sanjin Pharmaceutical Co Ltd and Guilin Reecat Environment Industry Co Ltd.

Guilin HIDZ also encourages investors to develop industries such as new energy, automobiles, rubber, machine tools and nonstaple agricultural products processing.

752 enterprises had been introduced into the zone in 2011 with utilized FDI and utilized domestic investment reached US$90.34 million and RMB 5.54 billion in 2011, respectively.

The latest figures show that in the first quarter of 2012, the utilized FDI and utilized domestic investment reached US$41.29 million and RMB 1.5 billion, respectively.

Winning Edges

• The zone has five pillar industries with their own complete industrial chains.
• Labor and land costs are low.
• Quite a large number of large state-owned enterprises and MNCs have set up business in the park. This will likely boost the development of the zone.
• The zone has access to a well-developed transportation network.
• The area is rich in natural resources.
• The natural surroundings are beautiful.

Limitations

• The area lacks managerial talent.
• The industrial sector is underdeveloped.
• The city has a small-scale economy.
• There is a lack of competitive local enterprises.

The Administration Committee

Address: Guilin High-tech Industrial Development Zone, Guangxi, P.R. China 541004
Tel: 86-773-5813321 / 2126027
Fax: 86-773-5814333
Website: www.glgxq.gov.cn

Source of Facts & Figures: China Development Zone Association, Guilin High-Tech Industrial Development Zone.