16 Feb 2017
Langfang (Hebei) City Information
|Major Economic Indicators (2015)|
|Land Area (km2)||6,429|
|GDP (RMB billion)||247.4|
|GDP Per Capita (RMB)||N.A.|
|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
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
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
3. Langfang Longhe High-tech Industrial Park
Target industries: Electronic information, equipment manufacturing, modern service