Shenyang Investment Service
Hotline: 86-755-82143348 Email: anitayao@citilinkia.com
Shenyang Economic and Technological Development Zone(ETDZ)
Located to the southwest of Shenyang's downtown area, Shenyang Economic and Technological Development Zone (Shenyang ETDZ) was set up in June 1988 and became a state level development zone in April 1993.
Shenyang Economic and Technological Development Zone-Geographical Location
Shenyang Economic and Technological Development Zone is based in Shenyang, capital of Liaoning Province, which has been a traditional industrial base of China and the largest commerce and logistic center in Northeast China.
Shenyang Economic and Technological Development Zone-Investment Climate
In 2010, Shenyang ETDZ’s GDP grew 19.51% year on year and reached RMB 83.65 billion, accounting for nearly 16.67% of Shenyang’s total. The value-added industrial output dropped 88.14% to RMB 5.88 billion. In 2010, the export value increased 1.98% to US$1.6 billion, while the utilized FDI rose 1.73% to US$924 million.
Shenyang Economic and Technological Development Zone-Industrial Structure
Based on the development of Shenyang ETDZ, a new secondary city called Tiexi New City was built nearby. Its purpose is to develop the modern service industry. Carrefour, Metro and Tesco are the major investors.
The latest figures show that in the first nine month of 2011, the export value decreased 2.39% to US$1.1 billion. In the first three quarters of 2011, value-added industrial output of the zone amounted to RMB 51.61 billion, up 13.95% year on year. The utilized FDI rose 26.8% to US$1.03 billion.
Shenyang ETDZ’s major industries are equipment manufacturing, automobiles, auto parts, chemicals and medicine.
Equipment manufacturing is the strongest industry in Shenyang ETDZ. Shenyang is an traditional industrial base of equipment manufacturing, the value-added industrial output provided amounted to RMB 118.76 billion in 2010, accounting for 50% of the city’s industrial sector. Major companies include Northern Heavy Industries Group Corp, Shenyang North Traffic Heavy Industry Group Corp, Shenyang Machine Tool Corp, Tebian Electric Apparatus and Shenyang Blower Works.
Chemicals are also important in Shenyang ETDZ. The zone’s chemical industrial park focuses on petrochemicals, chlor-alkali products, fine chemicals and special-use rubber. Its planned industrial output will exceed RMB 200 billion in 2015. Shenyang Chemical Corp and BASF are the major investors.
Auto parts manufacturing is also one of the major industries of Shenyang ETDZ. Many domestic and international auto part makers have commenced business in the zone’s auto parts industrial park. Shenyang ETDZ plans to increase this number to 300 in 2013 and to achieve a total industrial output of RMB 20 billion. Daimler Chrysler is the major investor in this field.
Shenyang Economic and Technological Development Zone-Communication and Transportation
Shenyang is the largest hub in Northeast China. The largest airport and marshalling station in Northeast China is located here. It also has a dense network of highways. The Zone is located in the Southwest part of Shenyang. The National Shenliao Highway (Shenyang-Panjin) and National Shenshan Highway (Shenyang-Shanhaiguan) lie north and south to the city respectively while the Shenyang-Dalian highway runs through the city.
Shenyang Economic and Technological Development Zone-Investment Priorities
The Zone encourages investment in burgeoning industries and tertiary industries such as automobile, machinery, electronics, pharmaceuticals, new building materials, petrochemicals, food, infrastructure construction, microelectronics, new materials, bio-engineering, etc.
Contact Us
For further queries, you are welcome to visit ATAHK website www.3737580.net or email to atahkhk@21cn.com / ata-cfmp@hotmail.com or contact any of the following branches, thank you.
HONGKONG TEL:852-27837818 CHINA TEL:86-755-82143272 MALAYSIA TEL:603- 2141 8908 SHENYANG TEL:86-024-23180683
ATAHK——Global Corporate Solution Provider, Value Investment & Strategic Development.