Development Opportunities for Zhuhai Free Trade Zone
Zhuhai Free Trade Zone (Zhuhai FTZ) was founded in 1996 with the State Council’s approval, occupying 3 square kilometers. Zhuhai FTZ Administrative Committee was set up in June 1997. By the end of 2006, there had been over 200 companies registered in the Free Trade Zone, including more than 150 foreign-funded enterprises, and the total investment amount was 1 billion US dollars. Foreign investments came from 20 countries and regions, including Germany, Japan, the United States, Italy, Hong Kong, Macao and Taiwan. Six of the Fortune 500 companies had business registered in the zone. Businesses in operation in Zhuhai FTZ now include aviation maintenance and training, precision processing, electronic component manufacturing, pharmaceutical and medical apparatus manufacturing, modern logistics, etc. Zhuhai FTZ’s economy has been growing at high speed. In 2006, it delivered a 1.2 billion CNY GDP, the total industrial output value was 8.8 billion CNY, the total logistics value was 18.3 billion CNY, and the total import and export value was 930 million USD.