Ningxiang Economic Development Zone Promoted to National Level

Following the upgrades of CETZ (Changsha National Economic and Technical Development Zone) and CHTIDZ (Changsha National High-Tech Industrial Development Zone), Ningxiang Economic Development Zone is promoted to the third industrial zone at national level in Changsha.

Approved by the State Council, Ningxiang Economic Development Zone has been officially upgraded to a national level and renamed as Ningxiang National Economic and Technical Development Zone (NNETDZ), observing current policies on national-level economic and technical development zones in China. Ningxiang Economic Development Zone was established in November, 2002 with the approval from the Hunan provincial government, and in 2009 it achieved the gross industrial output value of 19.72 billion yuan.

There are altogether 236 industrial enterprises within the zone, including 213 enterprises above designated size as well as 18 listed enterprises, such as Tsingtao Brewery Co., Ltd., Taiwan Hon Chuan Enterprise Co., Ltd., and Sany Heavy Industries Co., Ltd.

In addition, the zone tops the central China at county level in terms of national brands, boasting such China s Top Brands as Jiajia Group, Sundance (Hunan Dongfang Fashion Co., Ltd.), Wangbuliao Inc., and Meiyile Foodstuffs Co., Ltd. .

Up till now, a batch of well-known enterprises like Le Fulai (transliterated) Foodstuffs Co., Ltd. from France and Maccaferri Co., Ltd have been introduced, and a featured economic development zone integrating four pillar industries (mechatronics technology, foodstuffs, clothing and new materials) has been shaped.