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Econnmic Booming zone

    Taiyuan Economic and Technological Development Zone is located in the central belt of the cooperative development of "two cities and three districts", where the strategy of "moving Taiyuan proper from the north to the south" is implemented. The Zone enjoys convenient transportation and communication as well as beautiful environment, providing favourable conditions for investment.

    In June 2001, Taiyuan Economic and Technological Development Zone was ratified as a state -level one by the State Council. Its planning area is 50 square kilometers, of which the first- phase construction area is 9.6 square kilometers. It is to build a specialized industrial park, a modern physical distribution park, a living and service park, a university park, a meeting and exhibition centre, a financial centre, a recreation centre, etc. All these constitute a modern industrial zone with complete facilities and functions and smart industrial characteristics.

    The Zone adheres to the principle of inviting foreign investment and cooperation,specially introducing the famous international enterprises to settle here. In 2003, it introduced four enterprises as Fushikang, Luomenhasi companies (Fortune's top 500 enterprises in the world) and 15 enterprises with huge potential as Yabaoxinlong Medicine Company, Hongquan Food Package (Taiyuan) Company Limited, Ruifulai Pharmaceutical Company Taiyuan Economic and Technological Development Zone is located in the central belt of the cooperative development of "two cities and three districts", where the strategy of "moving Taiyuan proper from the north to the south" is implemented. The Zone enjoys convenient transportation and communication as well as beautiful environment, providing favourable conditions for investment.

   The year 2003 is a beginning year to build the zone in all round way and to make progress by leap sand bounds. The main economic indexes all doubled the figures of 2002, of which the tax was increased by 144.48 per cent over the Last year, the two indexes of total foreign investment and using contractual foreign investment all ranked the top of the 14 development zones in the whole province.

    By the end of the Tenth Five - Year Plan, 'the zone is to realize the target of 5 enterprises that reach output value and income of 500.00 million yuan, to introduce and to support 10 large-sized enterprises with high technology and modern management. It is to complete the construction of infrastructures and facilities in the area of 9.6 square kilometers. When the planned enterprises are basically settled in the Zone, annual industrial output value is expected to reach 5.0 billion yuan. By then, the secondary- phase construction with area of 30 square kilometers will start and a prosperous development zone will enter into the advanced rank in the central and western regions of China.