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The Lanzhou National Economics and Technology Development Zone

The Lanzhou National Economics and Technology Development Zone (LZNETZ) was established in 1993 approval by Gansu municipal Government, and upgraded to national level development zone by the State Council in March 2002. The LZNETZ covering 9.53 km2 is located in the anning district of Lanzhou city and considered as the important area for construction in the new planned city.

After 10 years’ hard working, The LZNETZ forms the "seven pass, one plain" with investment of 500 million RMB on infrastructure construction. At present, The LZNETZ has initially built up excellent investment environment of infrastructure, investor’s services, law and quick reaction to investment, and moreover set up "one station" service hall which departments related to investment such as corporation registration of industry and commerce, taxation, police, land and construction, telecommunication, law consultation etc have worked together. The LZNETZ has improved its investment environment with preferential taxation, land and construction policies.

To now, the LZNETZ has formed the pillars industries of aviation, electronic meter and information, construction materials, food, mechanics and pharmacies. The GDP income, industrial value is 590 million RMB, and 1.5 billion RMB respectively. The income of foreign currency is 6.89 million US dollars. The total investment projects are 71, and investment is 6.97 billion RMB.

Under guideline of "building up bases in one year, showing the results in three years, initially realizing the new appearance in five years" the LZNETZ focus works on innovations of policy, operation system, technology and works to improve hard and soft investment environment. At same time the LZNETZ implements the strategy of "strengthening industry area" to develop industry fields of mechanics and electronics, biomedicine, special food, and manufactures of electricity and home appliance. A lot of enterprises with hi-tech and strong competition have been incubated and set up. In 2005 the GDP, industrial value and income of foreign currency are 5 billion RMB, 2.5 billion RMB and 50 million US dollars respectively. And moreover in 2010 the GDP, industrial value and income of foreign currency are 10 billion RMB, 5 billion RMB and 0.2 billion US dollars respectively.

The LZNETZ will reform the finance system to realize multi-media investment on enterprises, and build up land storage system to orderly develop and utilize the land, set up "one station" service to offer investors high efficient and quick services, and create good working environment for talent personnel.

The LZNETZ shows new image for investors with good location, excellent investment environment, and will become one of development zones with large potential development and active power.


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