Shanghai Minhang Economic and Technological Development Zone

    Rating     AA
    Year of Establishment     1983
    Land Area     3.5 km2
    Location     Minhang District, Shanghai
    GDP     RMB 9.04 billion (Jan - Jun 2013)
    FDI     US$1.7 billion (2010)
US$1.36 billion (Jan-Sep 2011)
    Utilized FDI     US$50 million (2009)
    Major Investors     Huntsman, GE, ABB, Michelin, Siemens, Fuji Xerox, Yili, Pepsi, Coca-Cola, Johnson & Johnson, Sino-American Shanghai Squibb Pharmaceuticals Ltd, Hitachi, Mitsubishi, Unilever, YKK, Braun, Alstom, Michelin, KSB, Schneider, Sulzer, Alcoa, St Gobain
    Major Industies Encouraged     Machinery and electronics, pharmaceuticals, food and beverages
Source: Ministry of Commerce

The Shanghai Minhang Economic and Technological Development Zone (Shanghai Minhang ETDZ) was set up in 1983, and was among the first fourteen state-level development zones approved by the State Council in 1986. It is located in the southwestern part of Minhang District, only 30 km from People’s Square in Shanghai, and covers an area of 6.52 sq km. A port industrial park, which is close to the Yangshan Free Trade Area to the east and a 1,000-ton wharf to the west, was built in the zone.

The Shanghai Minhang ETDZ is easily accessible. It is only 10 minutes from Shanghai Hongqiao Airport and 30 minutes from Shanghai Pudong International Airport, which was the busiest airport in China in terms of cargo throughput in 2012.

The cargo wharf of the zone is located on the Huangpu River, while the 10,000-ton Longwugang International Sea Terminal is 15 km away and the 10,000-ton Zhangxinbang International Container Terminal is 43 km away. The zone is linked to national highway and railway networks by the Shanghai-Nanjing Expressway and the Shanghai-Hangzhou Expressway.

Investment Climate
In 2012, the Shanghai Minhang ETDZ’s gross industrial output value increased 3.1% to RMB 46.63 billion. The sales revenue in the zone was RMB 48.66 billion, up 9.33% year on year. Major investors include GE, ABB, Michelin, Siemens, Fuji Xerox, Yili, Pepsi, Coca- Cola, Johnson & Johnson, and Schneider.

Huntsman, the world’s leading special-chemical manufacturer in the world, entered the zone in 1996. It invested US$10 million to build the largest mixing plant in Asia within the zone in the same year. Later, in 2006, Huntsman invested US$1 billion with BASF, Bayer and Lianheng to construct an MDI plant. In 2008, it set up its third global research and development center in Minhang ETDZ to provide state-of-the-art technologies and services to customers in the Asia Pacific region.

France-based St. Gobain, the top global construction-materials maker, established a presence in the zone in 1994 with the inauguration of St. Gobain Abrasives (Shanghai) Co Ltd. The firm has five units in Minhang ETDZ. It launched a R&D center in the zone in September 2007 to strengthen its position in China’s construction materials market.

In the first nine month of 2011, the Shanghai Minhang TEDZ’s GDP rose 10.96% year on year to RMB 12.93 billion and value-added industrial output amounted to RMB 12.79 billion, up 11.09% year on year. The utilized FDI decreased 16.29% to US$38.81 million, while the export value rose 18.19% to US$1.36 billion. In the first six month of 2013, the GDP hit RMB 9.04 billion, the import value reached US$522 million, and the export value hit US$726 million.

Investment Cost
Winning Edge and Limitation
Winning Edges
  • Shanghai is the economic and financial hub of China.
  • The zone has an advantageous geographic location, an advanced transportation system and rich talent resources.
  • The zone has attracted many large multi-national companies.

  • The operating costs in the zone are high.
  • The zone faces fierce competition from other development zones in Shanghai.

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