Hangzhou Qiantang New Area

Updated: June 8, 2023 Source: Hangzhou Qiantang New Area
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Overview of the new area

In April 2019, Hangzhou Qiantang New Area, including Hangzhou Dajiangdong Industry Cluster Zone and Hangzhou Economic and Technological Development Area, was approved to be established by Zhejiang Provincial People's Government. The Area boasts three state-level honors — Hangzhou Economic and Technological Development Area, Hangzhou Comprehensive Bonded Area and Linjiang High-tech Industrial Development Zone.

  • Population of 1.06 million

  • Planned area of 531.7 km²

  • GDP, 100.8 billion RMB

  • Total revenue, 22.2 billion RMB

Strategic positioning

  • World-class intelligent manufacturing industrial cluster

  • Demonstration area for city-industry integration development in Yangtze River Delta

  • Symbolic and strategic platform for reform and opening up in Zhejiang Province

  • Leading area for digital economy and high-end manufacturing integration innovation development in Hangzhou Bay

Locating at the intersection of three national development strategies, which are the Belt and Road Initiative, Yangtze River Economic Belt and Regional Integration in the Yangtze River Delta, Qiantang New Area has the superior location advantage and has been the strategic area to promote the construction development of "Greater Bay Area" in the whole province and boost the development by embracing the river in Hangzhou.

Five intelligent manufacturing industrial clusters

  • Semi-conductor industry

Hangzhou Qiantang New Area has gathered lots of key enterprises, such as Zhongxin large-sized semi-conductor silicon wafer, Silan Integration, Li-on Microelectronics and so on. In the future, Qiantang New Area will focus on integrated circuits and semi-conductor industry, aiming to create an industry cluster with output value of 100 billion yuan.

  • Life and health industry

Hangzhou Qiantang New Area has gathered lots of key enterprises, such as Pfizer, MSD, Abbott, Huadong Medicine, Mary kay and so on. Besides, there are a number of major projects under construction, including Huahai Medicine, Jiuzhou, AllTest Biotech, etc. In the future, Hangzhou Qiantang New Area will focus on bio-pharmaceutical, medical apparatus and instruments, biomedical engineering and medical big data, aiming to create an industry cluster with output value of 100 billion yuan.

  • New materials industry

Hangzhou Qiantang New Area has grouped lots of key enterprises, such as Hengyi High-tech Materials, Foremost Material, Southeast New Materials, LG, Lily Group and so on. In the future, Qiantang New Area will focus on high-performance metal new materials and chemical new materials, aiming to create an industry cluster with output value of 100 billion yuan.

  • Aerospace and aviation industry

Hangzhou Qiantang New Area has aggregated lots of key enterprises, such as Xizi Spirit Aviation, Zhejiang University Aviation Equipment Research Center and so on. In the future, Qiantang New Area will take large aircraft and related parts, aviation new material, aviation electronic equipment as priority, aiming to create an industry cluster with output value of 100 billion yuan.

  • Intelligent automobile and intelligent equipment industry

Hangzhou Qiantang New Area has assembled lots of key enterprises, such as Changan Ford, GAC, Geely, Zhongce, Yokohama, Toshiba Information,Gree Electric Appliances, Panasonic and so on. In addition, there are a batch of key programs under construction, including Geely new energy automobile, Lincoln, Yuqiao Electronics, Kuka Home, etc. In the future, Qiantang New Area will focus on automobile and related parts, new energy automobile, intelligent automobile, industrial robots, intelligent electric appliance, automatic control system, aiming to create an industry cluster with output value of 100 billion yuan.

Editor: Yu Huichen