Hangzhou Zhijiang National Tourist and Holiday Resort

    Rating     N.A.
    Year of Establishment     1992
    Land Area     9.88 km2
    Location     West Lake District, Hangzhou, Zhejiang Province
    GDP     N.A.
    FDI     US$631 million (contracted)
    Utilized FDI     US$390 million
    Major Investors     Sheraton, China Green Town, Delixi, Guosheng, Vanton Yunqi
    Major Industies Encouraged     Inland lake tourism reserve integrated with sightseeing and entertainment

Hangzhou Zhijiang National Tourist and Holiday Resort (Hangzhou Zhijiang THR) was set up in 1992 with the approval of the State Council. It is one of the first 12 national tourist and holiday resorts approved by the State Council for the purpose of boosting the country's tourism industry and diversifying its tourism offerings. It covers an area of 9.88 sq km.

Located in the southwest part of Hangzhou, the resort is only ten minutes from the city's downtown district. It is also close to Shanghai and Ningbo. The resort can be reached via the Shanghai-Hangzhou Railway, the Zhejiang-Jiangxi Railway, the Xuan-Hang Railway and the Hangzhou-Ningbo Railway and is also accessible via the Shanghai-Hangzhou-Ningbo Expressway and the Hangzhou-Jinhua-Quzhou Expressway. A mere 30 km separates the holiday reserve from Xiaoshan International Airport. West Lake, the hottest tourism spot in Hangzhou, is just 15 km away.

Investment Climate
Hangzhou Zhijiang THR encourages invest-ment in recreation, service and tourism. It has built a Southern Song Dynasty cultural park called Song Town, a high-tech theme park called Future World, an international standard golf course, the Jiangyuan Holiday Resort and Zhuantang Economic and Technological Park.

In 2007, over 2.84 million tourists visited the zone, contributing RMB 151 million in ticket income. Contractual foreign investment in the zone reached US$631 million, while utilized FDI hit US$390 million. The zone has attracted large real estate developers including Wharf Holding, China Green Town and China Overseas Estate.

Investment Cost
Winning Edge and Limitation
  • Hangzhou Zhijiang THR is close to downtown Hangzhou, a popular tourist destination. The resort is also located near Shanghai and Ningbo

  • The zone is still under development
  • It lacks publicity

Address: No. 1 Wuyun Zhong Road, Hangzhou, Zhejiang, P.R. China 310008
Tel: 86-571-86653031
Website: www.hz-zj.com
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