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Baoding High-tech Industrial Development Zone

Facts & Figures (2010)

Rating BBB
Year of Establishment 1992
Land Area 12.23 km2
Location Baoding, Hebei
GDP RMB 72 billion
FDI N.A
Utilized FDI N.A
Major Investors Yingli Solar, Zhong Hang Huiteng Corp, Mitsubishi, San Miguel
Major Industries Encouraged New energy, power equipment manufacturing, software, food processing
Source of Facts & Figures Source: Administrative Committee of Baoding High-tech Industrial Development Zone
Introduction Baoding High-tech Industrial Development Zone (Baoding HIDZ) was established by the State Council in 1992. It has an area of 12.23 sq km.

Baoding HIDZ consists of three zones, a central zone, an eastern zone, and a western zone. The central zone, a scientific and technological park, is located in the northern part of the city’s downtown and has the largest area.

All three zones are within 3 km of the Baoding Train Station, where the Beijing-Guangzhou Railway passes through. Additionally, expressways connect Baoding with Beijing, Shijiazhuang and Tianjin. Although Baoding has an airport, it is too small to be ranked among the top 150 airports of China. However, Baoding’s neighbor, Beijing, has the largest airport in the country.
Investment Climate Baoding HIDZ’s pillar industries are new energy, electronics and information technology, biopharmaceuticals, new materials and food processing.

New energy is the dominant industry of Baoding HIDZ, which is known as the “Valley of Electricity” in China. In 2003, the zone was designated China’s only national industrial base for new energy and power equipment manufacturing by the Ministry of Science and Technology. The industrial output of new energy will reach an estimated RMB 100 billion in 2015 and RMB 200 billion in 2020.

The zone’s main strengths lie in solar photovoltaic equipment, wind power generation equipment, automatic controls for power systems and energy-conservation equipment manufacturing. There are over 200 enterprises in this sector. In 2010, the gross industrial output of the zone reached RMB 72 billion, 60% of which were contributed by new energy companies.

Yingli Solar is the largest company in the photovoltaic field, as well as China’s largest and the world’s fourth-largest solar cell manufacturer. In the first three quarters of 2008, its revenue was RMB 2.2 billion, up 73.1% year on year.

In the wind power equipment field, there are nearly 50 companies. The largest one is Zhong Hang Huiteng Corp, whose revenue was RMB 1.5 billion in 2007. Its output of wind power blades accounted for 90% of the nation’s total. In 2007, a wind power industrial park with an investment of RMB 1.1 billion was set up in Baoding HIDZ.

Baoding HIDZ has strong research capabilities in the energy field. Besides its research cooperation with North China Electrical Power University in the electric sector, Baoding HIDZ has also set up R&D relationships with institutes in the Netherlands, the U.S., Germany and the U.K. The zone is home to five national R&D centers.

In 2008, Baoding HIDZ’s export value was US$1.8 billion, up 58.2% year on year. The utilized FDI nearly quadrupled to US$484 million.
Winning Edge and Limitation Winning Edge
  • Baoding HIDZ has convenient land transportation
  • Baoding HIDZ has strong R&D capabilities


Limitations
  • Baoding is located too close to Beijing and Tianjin, which have obvious advantages
The Administration Committee Address: 118 Chuangye Road, Baoding, Hebei, P.R.China 071051
Tel: 86-312-3108801/ 3108805
Fax: 86-312-3108830
Email: bangongshi@bdgxq.cn
Website: www.bdgxq.cn

Content provided by China Knowledge