Dandong Qianyang Economic Development Zone
From China Liaoning Business Guide
Contents |
Overview
Qianyang is China’s largest border town, with a total area of 120 square kilometers, a population of 80,000, and 14 administrative villages. It is located at the junction of the Yalu River and the Yellow Sea, neighboring the Democratic People’s Republic of Korea (North Korea) just across the river. Qianyang Town is the first gateway connecting the Eurasian Channel to Pyongyang, Seoul, and Tokyo. It enjoys a special geographical condition of being next to borders, the Yalu River and the Yellow Sea, and has a significant strategic position in international market penetration of North Korea.
In 1992, Qianyang Town was first approved by Dandong City as "Dandong Qianyang Special Economic Zone", then in 1994 by Liaoning Province as "Liaoning Dandong Qianyang Economic Development Zone" (LDQEDZ). In July 2009, the development of the Liaoning Belt was listed as a national strategy. Qianyang Town, situated at the eastern tip of the Belt is now an important components of Dandong’s coastal development, and has an opportunity to demonstrate its strategic position.
Industrial Environment
LDQEDZ has commissioned the Liaoning Provincial Institute of Urban Planning to design the infrastructure facilities planning, which takes full account of the city’s spirit and charm, cultural landscapes and natural beauty, economic characteristics and environmental quality, featuring industrial area, storage area, commercial area, residential area, living area and tourist resorts.
LDQEDZ hosts 480 enterprises with a total investment of 1.1 billion RMB (160 million USD), with an agreed foreign investment of 105 million USD and an actual foreign investment of 41 million USD. The zone is now home to 41 foreign-funded enterprises, including plants from the United States, Germany, Japan, North Korea, South Korea, Hong Kong, Taiwan and Singapore.
Functional Parks
LDQEDZ features functions of multiple parks, which currently include five industrial clusters:
Textile and Garment Industrial Park:
Advanced textile technology and products, high-grade flax, silk, cotton, various grades of clothing, shoes and hats processing.
High-tech Industrial Park:
Fine chemicals, pharmaceutical processing, and a manufacturing and assembly of various instruments and meters.
Food Industrial Park:
Qianyang rice, deep food processing and preservation packaging, mainly represented by fruits, nuts, seafood, and vegetables.
Paper-making Machinery and Paper Industrial Park:
Paper-making machinery processing and high-grade household paper and culture paper.
Metallurgical Machinery Industrial Park:
Mostly high-tech based metallurgical processing industry, and manufacturing, processing and assembly of machinery equipment.
Contact Information:
Management Committee
Dandong Qianyang Economic Development Zone
No. 10 Anyang Street
118301 Dandong, Liaoning, China
Tel: +86 415 715 6177
Fax: +86 415 715 6557
http://www.ddqykfq.com (Website in Chinese)
