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The establishment of the Wuqing Economic Development
Area was approved by the State Council in December
1991 as a high-tech industrial zone. It has become
an important component of the high-tech industrial
belt along the Beijing-Tianjin-Tanggu expressway.
¡¤Geographical Location:
It is located at the first exit of the Tianjin section
of the expressway with a planned area of 24.8 sq.km.
So far, 6.4 sq.km have developed since the opening
of the zone.
¡¤Infrastructure:
Major roads, pipelines, power cables, telecommunications,
heating, water supply and for executive administration,
scientific research and financial facilities, apartments
with geothermal water supply, supermarkets, bilingual
schools, hotels and other daily life facilities will
be constructed to meet the needs of the investors.
¡¤Industries:
The range of industries in the zone covers primarily
electronics, integration of mechanics and electronics,
new building materials, bio-pharmaceuticals and others
in the high-tech field. As a shining point on the
Beijing-Tianjin-Tanggu high-tech industrial belt,
nearly 290 enterprises have established themselves
in the zone with a total contractual investment of
over RMB 4.8 billion by the end of 1999. Enterprises
from 19 countries and regions have invested in the
zone with foreign contractual investment of 420 million
USD.
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