Latest News:  


County town attracts new industries

By Kang Bing and Chen Jia (

08:50, July 20, 2013

BEIJING, July 20 (Xinhuanet) -- Given the favorable investment environment in China's eastern coastal areas, it is hard for a small inland county to attract leading companies such as Coca-Cola Co and Tsingtao Brewery Co Ltd to boost its economic growth. But Gaocheng, a county-level city in North China's Hebei province, about 30 kilometers from the provincial capital of Shijiazhuang, has successfully done so.

The city is aiming to expand its economic zone's annual production value to more than 100 billion yuan ($16 billion) this year.

Gaocheng became the province's first national-level economic zone that is located in a county since October 2012. Before that, it was a provincial-level industrial park.

There are more than 260 enterprises in an area of 26.3 sq km in the area called Shijiazhuang Economic and Technology Development Zone. Together they reached a total industrial output value of 85 billion yuan last year, contributing about 30 percent of the county's gross domestic product and almost half of the county's fiscal income.

"We predict that tax income from the economic zone this year may increase to 6 billion yuan, up from 4.6 billion yuan in 2012," said Li Huaqiang, leader of the working committee of the development zone.

The priority development direction of Gaocheng's economic zone will target the industry agglomeration of biological pharmaceutical enterprises, Li said.

North China Pharmaceutical Group Corp, a large pharmaceutical manufacturer headquartered in Shijiazhuang, has invested 11 billion yuan in the zone since 2010 and launched the NCPC Hebei Huamin Pharmaceutical Co Ltd, focusing on cephalosporin products, a class of antibiotics originally derived from the fungus acremonium, previously known as cephalosporium.

The company now has the first complete industrial chain in the group for cephalosporin production, from research and development to market sales.

Xu Yonghong, deputy secretary of the Party committee of State-owned Huamin Pharmaceutical, said production expansion in the economic zone will help the company's structural transformation and technology upgrading.

【1】 【2】

We Recommend:

Born to lead: 2nd genr of Chinese tycoons

Model in see-through dress poses at auto show

Mortgage slaves' decade in real estate fever

2013 China Int'l Boat Show kicks off in Zhoushan

China Changchun Int'l Automobile Expo kicks off

Forbes names China's 50 best CEOs

Migrant workes' high incomes not that rosy

Chinese grads' unconventional jobs

In pictures: history of China's auto industry

Email|Print|Comments(Editor:LiQian、Ye Xin)

Related Reading

Leave your comment0 comments

  1. Name


Selections for you

  1. Special operation forces hold competition

  2. HK Youth Military Summer Camp opens

  3. Chicago hits 100 degrees Fahrenheit high

  4. Birds flying over waters off Xisha Islands

  5. In'l Exhibition on Public Safety & Security

  6. Blasting scene above barrier lake

  7. A tribute to Chinese and Indian dulcimers

  8. ESMOD fashion school graduation show

  9. Hainan auto show kicks off

  10. The foreign dairy conundrum in China

Most Popular


  1. China's foreign investment policy not changing
  2. ADB economist 'optimistic' on China economy
  3. What are so-called 'eight facts' of the Philippines?
  4. US surveillance program clouds US-European ties
  5. Abe's anti-China machinations doomed to fail
  6. China's recent slowdown not hard landing
  7. U.S. experts optimistic about China's growth
  8. Harmony is the theme of China's ocean strategy
  9. It is right time to invest in China
  10. Two-way fluctuation essential for RMB reform

What’s happening in China

Elder couples celebrate golden wedding anniversary in Hangzhou

  1. China to launch cargo train to Germany
  2. Locals evacuated from flooded village in Fujian
  3. Human-trafficking gangs cracked in E China
  4. Qingdao eatery finds use for pesky seaweed
  5. Beijing clamps down on apartment group rentals