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Hangzhou Bay Industrial Clustering Zone ranks No.1 for three consecutive years

The 2015 provincial assessment of the industrial clustering zones was released recently, and the Hangzhou Bay Industrial Clustering Zone ranks No.1 among the 15 industrial clustering zones in Zhejiang Province. The zone has been No.1 for three consecutive years, acting as an emerging growth pole of the industrial economy of the whole province.

In 2015, the Hangzhou Bay New Zone maintained rapid growth in all major economic index, including a total GDP of 24.68 billion yuan, up by 12.2% over the previous year. In terms of the comprehensive development index, the new zone completed all the targets set at the beginning of the year. Among others, the industrial added value grew by 27.5%, and the enterprise tax revenue reached 10.36 billion yuan, up by 60.9% over the previous year. In terms of major project introduction and implementation, the zone attracted 29 industrial projects with a total investment of 31.55 billion yuan, including six major projects with over one billion yuan. Both the contractual foreign capital and the real foreign capital reached the new historical record.

 

The auto industry, with such major enterprises as Shanghai Volkswagen and Geely, has bloomed as well as the smart electronics, the new materials industry and the life & health industry. The turnover of the large-scale enterprises in the zone in 2015 reached 91.82 billion yuan, up by 15.7% over the same period of last year. The turnover of the high-tech industry reached 64.69 billion yuan, up by 28.5%. Meanwhile, the Hangzhou Bay Industrial Clustering Zone accelerated the construction of the service platform and the pace of innovation. The transformation and improvement of the venture park was completed and the provincial new materials high-tech park developed well.

Since the second half of 2015, the new zone has implemented the promotion project for business and investment, achieving an industrial investment of 27.62 billion yuan. In September 2015, Fotile, Kanglong and China Mobile, with a total investment of 13.6 billion yuan, started their projects at the new zone. The first phase of the Fangte Park, with a total investment of 12.8 billion yuan. The Ningbo base of the Shanghai Volkswagen, with a total investment of 19 billion yuan, completed an investment of 15.46 billion yuan for the completion of the main-body construction and the installation of the equipment. The whole-vehicle production center and the engine assembly testing center for the Geely-Volvo design and testing center, with a total investment of 6.2 billion yuan, were completed

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