Rating	BB
Year of Establishment	1992
Land Area	4.6 km²
Location	Beijing
GDP	N.A
FDI	N.A
Utilized FDI	US$10.3 million (2008)
Major Investors	N.A
Major Industies Encouraged	Electronics, automobiles, machinery

Source: Administrative Committee of Beijing Yongle Economic Development Zone

Introduction

Beijing Yongle Economic Development Zone (Beijing Yongle EDZ) was established by the Beijing municipal government in 1992 and covers an area of 4.6 sq km. It is a municipal-level park.

The EDZ is located in Tongzhou District near the intersection of Beijing, Tianjin and Langfang. It is 50 km southeast of the city center, 60 km from Beijing Capital Airport and 100 km from Tianjin Port. It lies to the west of Beijing-Tianjin-Tanggu Expressway 500 m from the Langfang Exit. The Beijing-Shenyang Expressway is 10 km away from the EDZ.

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

The EDZ consists of two zones: Zone A and Zone B. Zone A was set up in 1992 and focuses on the development of capital-intensive and technology-intensive industries such as electronics, automobiles and machinery. Service industries like warehousing and logistics are also encouraged within the zone. Zone B was set up in 2000. Its pillar industries are labor-intensive and high-tech industries.

By the end of 2008, 22 companies had invested in the zone. Their total revenue was RMB 186.3 million in 2008.

Investment Cost

Winning Edge and Limitation

Winning Edge

There are abundant talent reserves in Beijing
The zone is located at the intersection of Beijing and Tianjin

Limitations

Beijing has high costs compared to cities like Baoding, Shijiazhuang and Tangshan
The zone is a municipal-level zone
It is located far from the city center
Beijing is affected by sand storms

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