Rating	BB
Year of Establishment	1991
Land Area	9.8 km²
Location	Beijing
GDP	RMB 14.59 billion (Jan - Nov 2011)
FDI	N.A
Utilized FDI	US$346.7 million (2008)
Major Investors	Nestle, Want Want, Qian Xi He, Xingyu Auto Technology, Holly Info, Hecheng, Rijin, Erdos
Major Industies Encouraged	Auto parts, food processing, machinery

Source: Beijing Statistical Yearbook

Introduction

Beijing Xinggu Economic Development Zone (Beijing Xinggu EDZ) consists of the former Xinggu Industrial Development Zone (Xinggu IDZ) and Beijing Pinggu Binghe Industrial Development Zone (Beijing Pinggu Binghe IDZ). Beijing Pinggu Binghe IZ is the oldest district-level development zone in Beijing. Beijing Xinggu EDZ was approved as a municipal-level development zone by the Beijing municipal government in 2006 and covers an area of 9.8 sq km.

Beijing Xinggu EDZ is located in Pinggu District in the northeastern part of Beijing, about 70 km from the city center. Jing-Ping Expressway connects the zone with Beijing and Tianjin. Dalian-Qinhuangdao Railway goes through the zone; the zone is 18 km from Beijing Railway Cargo Distribution Center, 40 km from Beijing Capital International Airport and 130 km from Tianjin Port.

In 2011, Beijing Airport's passenger throughput reached 78.67 million, ranking first in China, second in the world. The airport offers flights to 137 domestic cities and 95 overseas cities.

Tianjin Port is the main passageway for cargo from Beijing and North and Northwest China entering the Bohai Sea. In 2011, the port's cargo throughput reached 451 million tons, ranking third in China after Shanghai and Ningbo.

Beijing is now the largest educational center in China. By the end of 2011, there were 89 universities and colleges in Beijing, with a total enrollment of 579,000. 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

By the end of 2010, more than 230 firms had been inaugurated in the zone. The zone generated total revenue of RMB 12.7 billion in 2008. Major investors include Xingyu, Nestle, Want Want, Holly Info and Erdos.

The zone’s major industries are auto parts, food processing and machinery. The gross industrial output from these industries added up to RMB 5.7 billion, comprising over 91.9% of that from the zone in 2008. In 2009, the gross industrial output of the zone reached more than RMB 10 billion.

Xingyu Auto Technology, with an investment of US$85.9 million from Korea, is the largest foreign-invested company in Beijing Xinggu EDZ. It was set up in 2002 and specializes in pressing parts manufacturing. In 2009, the gross industrial output from Korea-funded companies reached RMB 7.7 billion, accounted for 49% of the zone’s total.

Taiwan-based Want Want, a large food-processing firm, has seven plants in Beijing Xinggu EDZ. It invested a total of US$50 million in building the plants. In 2009, the gross industrial output from companies in food and benerage industry reached RMB 1.62 billion, accounted for 10.4% of the zone’s total.

The latest figures show that in the first eleven month of 2011, the gross industrial ouput of the zone incresaed 13.9% year on year to RMB 14.59 billion. The contracutal foreign investment for the period reached US$25.34 million, up 255.9% from a year earlier.

Investment Cost

Winning Edge and Limitation

Winning Edge

The zone is easily accessible
Beijing, the capital city of China, has rich talent resources

Limitation

The economy of the zone is still small

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