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Zhengzhou Economy


Zhengzhou,is one of the most important cities in inland China. It is the second largest city in central China, after Wuhan. It is the economic center of the province. Zhengzhou is increasingly attracting domestic and international investment as well as migrants from other areas, transforming the city into one of the largest economic centers in China. GDP per capita of Zhengzhou was RMB40,398 in 2008.


Mining and Manufacturing




Zhengzhou has been one of the major industrial cities in The People's Republic of China since 1949. The city's staple industry is textiles. Others manufactured items include tractors, locomotives, cigarettes, fertilizer, processed meats, agricultural machinery, and electrical equipment. Some high-tech companies in new material, electronics and biotechnology are also growing rapidly during the recently years, especially in the high-tech industrial park in the northwest of the city.





Famous Manufacturing factories in Zhengzhou 

>Yutong, China's largest bus producer.

>Shaolin Bus, a famous small-to-medium-sized bus producer.

>Zhengzhou Nissan, a subsidiary of Dongfeng Nissan, specializing in the manufacture of SUVs and pickup trucks.
>Zhengzhou Unique Industrial Equipment Co., Ltd., a large tractor and agricultural equipment manufacturer.


Services


 

Zhengzhou Commodity Exchange (ZCE)


With a number of domestic and international institutions having regional offices in the city, Zhengzhou is becoming the financial center in central China. 

Zhengzhou Commodity Exchange (ZCE) is one of the only three future exchanges (inc. Shanghai Future Exchange and Dalian Commodity Exchange) in China and is becoming an important global player specialized in agricultural future exchange. 

 As a transit and tourist center of Henan Province and central China, Zhengzhou is the center of Henan cuisine.


Industrial Zones


Zhengzhou New & Hi-Tech Industries Development Zone

Zhengzhou High & New Technology Industries Development Zone was established in 1988, and approved by the state Council of PRC to be a state development zone on Mar.6,1991.  The Zone currently covers a total area of 18.6 square kilometers (7.2 square miles). Under the development strategy of “multiple parks in one zone”, the Zone has been making great efforts to promote the development of software,information technologies, new materials, bio-pharmaceutical and photo-machinery-electronic industries.


Zhengzhou Economic and Technological Development Zone

Zhengzhou Economic and Technological Development Zone was approved as state-level development zone on February 13, 2000. The zone has a developed area of 7 square kilometres (3 square miles) Industries encouraged include Electronics Assembly & Manufacturing, Telecommunications Equipment, Trading and Distribution, Biotechnology/Pharmaceuticals, Instruments & Industrial Equipment Production, Medical Equipment and Supplies, Shipping/Warehousing/Logistics and Heavy Industry.


Zhengzhou Export Processing Area

Zhengzhou (Henan) Export Processing Zone was established on June 21, 2002 with approval by the state council. Its planned area is 2.7 square kilometres (1.0 square mile).