Hangzhou Xiaoshan Economic and Technological Development Zone

    Rating     A
    Year of Establishment     1993
    Land Area     32 km2
    Location     Xiaoshan District, Hangzhou, Zhejiang
    GDP     RMB 17.75 billion (2013)
    FDI     US$1.71 billion, 9.71% up (2010)
US$1.61 billion, 31.41% up (Jan - Sep 2011)
    Utilized FDI     US$423 million (2014)
    Major Investors     Ericsson, CNHTC, Hokin, Aisin, Albany, Itochu, Bray, Rxon, KSK, Marubeni, ZF, Transfar, Screen, Fiat, Yamaha, Fair Friend, Sinotruk, Hempel, GE, Caterpillar, Mitsubishi, Albany,
    Major Industies Encouraged     Electronic information, machinery, refined chemicals, construction materials
Source: Administration Committee of Xiaoshan Economic and Technological Development Zone

Xiaoshan Economic and Technological Development Zone (Xiaoshan ETDZ), approved by the State Council in 1993, has a planned area of 32 sq km. It is located in Xiaoshan District, Hangzhou, which is an equal distance of 1.5 hours away from Shanghai, Suzhou, Shaoxing and Ningbo.

Xiaoshan ETDZ is 10 km from Hangzhou Xiaoshan International Airport, which offers 149 domestic flights and 32 international flights per week. It is also 170 km from Shanghai Port and 130 km from Ningbo-Zhoushan Port, two largest ports in China. The zone can be easily reached by land, as the Shanghai-Hangzhou-Ningbo Highway, the Hangzhou-Jinhua-Quzhou Highway run through the zone.

Investment Climate
Hangzhou Jiangdong Industrial Park, Zhejiang CNC Equipment Manufacturing, Xiaoshan High-Tech Park and an extended area of the state-level Hangzhou Software Industrial Base are located in Xiaoshan ETDZ. The park primarily encourages the development of the electronic information, machinery, medicine & food, auto & auto parts, textile and building materials industries.

Japan’s Shizuoka Industrial Base and Taiwan Industrial Park of Machinery were established in Xiaoshan ETDZ in 1995. It is one of the densest areas of Japanese and Taiwanese enterprises in Zhejiang Province.

In 2012, Xiaoshan ETDZ’s gross industrial output value hit RMB 56.33 billion, including RMB 43.35 billion from its six pillar industries. By the end of Jun 2012, about 550 foreign enterprises had settled in the park with total investment of US$8.4 billion. In 2013,its gross industrial output value hit RMB 84.72 billion,

In 2011, the park’s utilized FDI reached US$320 million. 14 Fortune 500 enterprises, including GE and Caterpillar from the U.S., ZF from Germany, and Mitsubishi from Japan, have set up in this development zone. U.S.-based Albany International Corp invested US$99 million in a textile manufacturing project and Sinotruk injected RMB 2 billion into the zone for an engine producing base within the same period. In 2013,the export value reached US$2.45 billion.

Investment Cost
Winning Edge and Limitation
Winning Edge
  • The zone is in an advantageous geographic location. Land, air and waterway traffic systems in coastal cities are quite advanced.
  • The area is rich in human resources. There are over 36 universities in Hangzhou, along with a large number of vocational and technical schools.

  • Limitations
    • The zone faces strong competition from the other two state-level parks in Hangzhou, Hangzhou Economic and Technological Development Zone and Hangzhou High-tech Industry Development Zone.
    • Operating and labor costs are relatively high.
    • Mineral resources are scarce and the zone suffers from gas and electricity shortages.

Address: 99 North Shixin Road, Xiaoshan District, Hangzhou, Zhejiang, P. R. China 311217
Tel:86-571 82835906, 82835531, 82835910 ,82835879
Fax: 86-571 82836558, 82835866
website: www.xetz.gov.cn
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