Chongqing Jianqiao Industrial Park
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Facts & Figures (2008)
| Rating |
BB |
| Year of Establishment |
2003 |
| Land Area |
10 km2 |
| Location |
Chongqing |
| GDP |
N.A |
| FDI |
N.A |
| Utilized FDI |
N.A |
| Major Investors |
Sinopec, PetroChina, China Shipbuilding Industry, Carlyle Group, Norinco, Mitsui, Sany Heavy Industry, Hebei Baofeng Cable, Sichuan Jiuzhou Electric, etc. |
| Major Industries Encouraged |
Advanced manufacturing, new materials, medicine, food processing, electronic information, modern logistics |
| Source of Facts & Figures |
Source: Chongqing Jianqiao IP |
| Introduction |
Chongqing Jianqiao Industrial Park (Chongqing Jianqiao IP) was approved and established by the Chongqing municipal government in June 2003 as a municipal-level development zone.
From 2003 to 2008, Chongqing Jianqiao IP was one of the top ten industrial parks in Chongqing six consecutive times. It is 30 km from Chongqing Jiangbei International Airport and within a 30-minute drive of the freight railway station. In addition, Qiezixi Dock, the second-largest container dock after Cuntan Dock, is adjacent to the park.
Chongqing is rich in advanced human resources. It has 56 colleges and universities that produced 108,600 graduates in 2008. Four key national-level laboratories and five national-level engineering research centers are also located in the city. These institutions are able to provide plenty of highly skilled talent for the development of Chongqing Jianqiao IP. |
| Investment Climate |
Chongqing Jianqiao IP’s pillar industries include advanced manufacturing, new materials, medicine, food processing, information technology and modern logistics. In 2008, the park’s industrial output reached RMB 10.9 billion.
Approximately 70 enterprises have settled in the park. Representative firms in the advanced manufacturing industry include Sany Heavy Industry, Chongqing Kington Industry Group and Chongqing Wanmei Mechanical & Electrical, while Chongqing Polycomp International Corp (CPIC) represents the new materials industry. CPIC is renowned for its fiberglass. Representative firms in the other industries include Chongqing Jingquan Medicament Development for medicine, and Chongqing Jiawei Beer, Chongqing FineWay Technology and Chongqing Taigang Transport for the food processing, electronic information and modern logistics industries, respectively.
U.S. company Covanta Energy, an internationally recognized owner and operator of energy-from-waste and power generation projects, established a procurement center within Chongqing Jianqiao IP in 2007. |
| Winning Edge and Limitation |
Winning Edge
- Chongqing has a well-developed transportation system
- Chongqing has abundant human resources with a comprehensive range of skills and talents
- Chongqing’s labor and land costs are low
- The zone has a good environment
Limitations
- The zone faces strong competition from the many development zones in Chong-qing and Chengdu, capital of Sichuan Province
- It is a municipal-level industrial park, not a state-level development zone. It may have fewer preferential policies than state-level zones
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| The Administration Committee |
Address: No. 9, Jinqiao Road, Dadukou, Chongqing, P.R. China 400039
Tel: 86-23-68950088/ 68950099
Website: www.jqgyy.com |
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