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Binzhou (Shandong) City Information

Major Economic Indicators (2015)
Land Area (km2)9,600
Population (million)3.86
GDP (RMB billion)235.5
GDP Per Capita (RMB)61,189
GDP Composition
     Primary Industry9.3%
     Secondary Industry48.8%
     Tertiary Industry41.9%
Retail Sales of Consumer Goods (RMB billion)81.4
Utilised FDI (USD million)410.2
Exports (USD million)3,632
Imports (USD million)4,507

Source: Shandong Statistical Yearbook 2016

General Introduction
Binzhou is situated in the northern part of the Shandong Province. Numerous highways including the Jinan-Qingdao Highway and the Beijing-Binzhou Highway connect the city with Beijing, Tianjin and other cities in Jiangsu and Shandong.

Qingdao Port, the 5th largest in terms of container throughput in 2015 in China, is merely 3.5 hours' drive from the city. It takes only 1 hour to drive from Binzhou to the Jinan Airport and 3 hours to the Qingdao Airport.

Binzhou has abundant natural resources, including oil and natural gas. The city is an important exploration area of the Shengli Oilfield, the second largest oilfield in China.

Major industries in the city include textiles and garments, agricultural products processing, petroleum processing and chemicals. Major products are garments, coke, crude oil and cement. Leading enterprises include Befar Group, Weiqiao Textile, a listed company on Hong Kong Stock Exchange, Shandong Lubei Group, Qixing Group and Yuhua Group.

Major Industrial Parks / Development Zones

1. Zouping Economic and Technological Development (state-level) (鄒平經濟技術開發區)

Target industries: Medicine, new materials, equipment manufacturing, textiles and garments

Major investors: Samsung Group (三星集團), Qixing Group (齊星集團), Chuangxin Group (創新集團), Shangdong Weiqiao Pioneering Group (山東魏橋創業集團), Xiwang Group (西王集團)

Website: www.ezone.mofcom.gov.cn/article/ao/201210/20121008406291.shtml

2. Binzhou Economic and Technological Development Zone (State-level) (濱州經濟技術開發區)

Target industries: New materials, bio-pharmaceuticals, equipment manufacturing, textiles and garments

Major investors: CITIC Dicastal (中信戴卡輪轂公司), Bohai Huosai (山東渤海活塞集團), Wohua Shengwu (沃華生物)

Website: www.bzkf.gov.cn



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Content provided by Picture: HKTDC Research