Binzhou on Economic Development Zone

Binzhou Economic Development Zone (BEDZ) is a provincial level development zone authorized by Shandong provincial government in June 2001. It is the new economic growth point and one of the zones with most potentialities of Binzhou. The overall programmed area is 49.6 Km2 of which an area of 22 km2 is already explored and under developing.
Located in the west of Binzhou city, Binzhou Economic Development Zone enjoys convenient transportation. A stereo transportation network of water, land and air is set up through the completion of Binbo Expressway, Weiwu Expressway, Jincan Expressway, No.2 Yellow River Bridge and China Dagao General Aviation Town as well as the construction of Huangda Railway, Bingang Railway and Binzhou Port. From Binzhou, it takes you 1 hour to Jinan International Airport, 2.5 hours to Tianjin, 3 hours to Qingdao Port and a round trip to Beijing in one day. The entire infrastructure is constructed as per the central city standard with conditions of complete road frame and auxiliary pipework.
Within our zone, the number of registered companies is about 1,100 with total investment of RMB 100.8 billion Yuan, among which there are 26 large companies with registered capital over 100 million Yuan, 113 companies with investment over 10 million Yuan and more than 30 companies above scale, presenting the strong momentum of development. In successive, large quantities of famous companies and projects have settled in BEDZ, such as Dongli Industrial Park invested by the Word Top 500 company—Switzerland ABB Group, Binzhou World Carnival project which is the only one long-term project invested by the Group, RFID Electronic Information whose product was used in the 17th National Congress of the CPC and is spreading in 3 provinces, as well as the world largest textile company—Binzhou Weiqiao Texitle Co., Ltd. and Movever Group which is the Asian largest piston manufacturing company, Pride Vehicle Company and Haide Crankshaft Company, etc. In 2007, the introduced projects were 104 with total investment of RMB 28.62 billion Yuan. As a result, the realized revenue was RMB 517 million Yuan with a growth of 40.6% compared to the same period. The increase of main economic indexes is over 40% in terms of industrial output, sales income, profit tax and VAT. All these aspects show the good momentum of scientific development and efficient development.
At present, Binzhou Economic Development Zone is on its way of the important period of deeper opening up, extended investment promotion as well as more devotion and greater development. Adhering to the strategy of “To develop BEDZ by attracting projects”, the zone focuses on projects of “large, high level, famous and foreign-invested”, actively puts forward the construction of modern manufacturing base and mainly develops the six industrial chains, i.e., textile & costume, vehicle & parts, electronic information, biology engineering & pharmaceutical machinery, modern service and extensive processing of farm products.We cordially welcome businessmen at home and broad to seize the opportunities of investing in Binzhou Economic Development Zone and make your own share in Binzhou market.