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Langfang (Hebei) City Information

Major Economic Indicators (2015)
Land Area (km2)6,429
Population (million)4.56
GDP (RMB billion)247.4
GDP Per Capita (RMB)N.A.
GDP Composition
     Primary Industry8.3%
     Secondary Industry44.6%
     Industry37.5%
     Tertiary Industry47.1%
Retail Sales of Consumer Goods (RMB billion)79.6
Utilised FDI (USD million)667.5
Exports (USD million)2,340
Imports (USD million)2,510

Source: Hebei Economic Yearbook 2016


General Introduction

Langfang is situated between Beijing and Tianjin, is easily accessible by the Beijing-Tianjin-Tangshan Expressway.

The industry sector accounted for 38% of the GDP in 2015. Major industries include auto parts, agricultural products processing, timber processing, furniture manufacturing, printing and packaging, electronics and information technology.

Huawei, BOE, ZTE and Foxconn are the domestic major players in electronics and the information technology industries in Langfang.

Major service sectors in the city are real estate and tourism.

Major Industrial Parks / Development Zones

1. Langfang Economic and Technical Development Zone (state-level)

Target industries: Electronic information, auto parts, new materials, machinery processing, food processing

Website: www.lfdz.gov.cn/lf2/web/CN/index.jsp

2. Langfang Export Processing Zone

Target industries: Electronics and information technology, optical-mechanical-electronic-integration, precision machinery, bonded logistics

Major investors: BHP, WET, Ruhr Mining, Toshiba, Nissin, Mitsubishi, Fujitec, Sandvik

Website: www.lfdz.gov.cn/lf2/web/CN/dispaly.jsp?classesid=233&nid=561

3. Langfang Longhe High-tech Industrial Park

Target industries: Electronic information, equipment manufacturing, modern service

Website: www.lhip.gov.cn

 

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Content provided by Picture: HKTDC Research