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Beijing Tianzhu Airport Economic Development Zone

Facts & Figures (2010)

Rating BBB
Year of Establishment 2006
Land Area 8.8 km2
Location Beijing
GDP US$ 307.3 billion (cumulative) (2009)
US$ 31.22 billion (Jan-Nov 2010)
FDI N.A
Utilized FDI US$1.1 billion (2008)
Major Investors P&G, Airbus, Ericsson, Sony, Philips, Fisher
Major Industries Encouraged Electronics and information technology, bio-pharmaceuticals, warehousing, logistics
Source of Facts & Figures Source: Administrative Committee of Beijing Tianzhu Airport Economic Development Zone
Introduction Established in 2006 by the Beijing municipal government, Beijing Tianzhu Airport Economic Development Zone (Beijing Tianzhu Airport EDZ) is located in Tianzhu Town of Shunyi District to the west of Beijing Capital International Airport, 2 km from the terminal building adjacent to Beijing Tianzhu Export Processing Zone (Beijing Tianzhu EPZ). It is a municipal-level park.

The EDZ consists of two zones, Zone A and Zone B. Zone A is located in the southern part of Beijing Tianzhu EPZ and Zone B is to the west of Zone A.

Beijing Tianzhu EPZ is situated in Beijing Airport City, which has a population of 200,000. It is 25 km from the city center of Beijing, 120 km from Tianjin and 170 km from Tianjin Port.

In 2010, Beijing Airport’s passenger throughput reached 73.9 million, ranking first in China, and second in the world. The airport offers flights to 96 domestic cities and 91 overseas cities.

Tianjin Port is the main passageway for cargo from Beijing and North and Northwest China entering the Bohai Sea. In 2010, the port’s cargo throughput reached 400 million tons, ranking third in China after Shanghai and Ningbo.

Beijing is now the largest educational center in China. By the end of 2010, there were 89 universities and colleges in Beijing, with a total enrollment of 578,000. The nation’s most well-known universities are located in Beijing. They include Peking University and Tsinghua University, dubbed China’s Harvard and MIT, respectively.
Investment Climate The EDZ is close to the airport. Cargo can be delivered to the airport within ten minutes. The EDZ’s pillar industries are electronics and information technology, biopharmaceuticals, warehousing and logistics.

To date, 413 companies have established businesses in the EDZ, with a total investment of more than RMB 50 billion. Sixty-four are multinationals, and 23 are Fortune 500 enterprises. They include P&G, Airbus, Ericsson, Sony, Philips and Fisher.

Airbus has three projects in the EDZ, with total investments of US$95 million. Its major businesses in the EDZ include aviation support and training as well as R&D. Its R&D center was jointly set up with China National Aviation Corp (Group 2) in 2006, with an investment of US$15 million.

Beijing LG-Philips Electronics was founded in 1995 with an investment of US$18.1 million. Its major products are deflection coils for televisions and monitors. Its annual output exceeds 5 million coils.

Beijing Hanmi Pharmaceuticals is China’s first investment from South Korea in the pharmaceutical industry. It was jointly set up by South Korea’s Hanmi Group and Beijing Zizhu Pharmaceuticals in 1996 with an investment of US$8 million.
Winning Edge and Limitation Winning Edge
  • The zone is adjacent to Beijing Capital International Airport
  • There are abundant talent reserves in Beijing
  • The zone is adjacent to Beijing Tianzhu Export Processing Zone


Limitations
  • Beijing has high costs compared to cities like Tangshan, Baoding and Shijiazhuang
  • The zone is a municipal-level industrial park
  • Beijing is affected by sand storms
The Administration Committee Address: Lantian Building, West of the Capital International Airport, Beijing, P.R.China 101312
Tel: 86-10-80489567/ 80486698
Fax: 86-10-80489575
Email: chinabaiz@sohu.com
Website: www.chinabaiz.com.cn

Content provided by China Knowledge