Chengdu Hi-Tech Comprehensive Bonded Zone Passes National Acceptance Check: A 500 Billion RMB IT Cluster to Take Shape in 2015

CHENGDU, China, Feb. 25, 2011 /PRNewswire-Asia/ -- The State Council joint inspection team consisting of ten ministries and departments including the General Administration of Customs, National Development and Reform Commission, Ministry of Finance, and Ministry of Land and Resources carried out an on-site acceptance check at Chengdu Hi-Tech Comprehensive Bonded Zone on Feb. 25. The acceptance certificate conferring ceremony was held and the Chengdu Hi-Tech Comprehensive Bonded Zone was officially unveiled later in the afternoon.

The Comprehensive Bonded Zone is located in Chengdu Hi-Tech Zone with a planned area of 4.68 km2. Approved by the State Council on Oct. 18, 2010, it only took three months from filing to approval and four months from approval to acceptance, which means the highest approval efficiency and the fastest construction speed.

The built-up Chengdu Hi-Tech Comprehensive Bonded Zone already has the presence of over 20 companies including Intel, Foxconn, Dell, Texas Instruments and Molex, with nearly 50,000 people working inside the zone. It is also an important manufacturing base for iPad1 and iPad2, the annual output of which is expected to reach 40 million units in 2011 and 100 million units in 2013. As more companies start production and upgrade capacity and more IT companies come in, an IT industrial cluster with an output value of 500 billion RMB is expected to take shape in Chengdu Hi-Tech Comprehensive Bonded Zone in 2015.

The comprehensive bonded zone, integrating functions of bonded export, bonded logistics and ports, has the most comprehensive functions and the best policies among all the special zones supervised by customs in China. When Chengdu Hi-Tech Comprehensive Bonded Zone officially starts operation, companies inside the zone can conduct various business including processing, manufacturing, R&D, repair, testing, logistics, trade, bonded warehousing, international transit, distribution and product showcasing. In accordance with policies and its strengths, the development of laptop and tablet manufacturing, wafer manufacturing, test and assembly, electronic parts and components and precision machinery processing, and the biopharmaceutical industry will be prioritized in the Comprehensive Bonded Zone.

Chengdu is traditionally an importance base for IT industry in China. Well reputed in the hi-tech R&D sector, Chengdu has become a world-known hi-tech manufacturing base in recent years. Intel is producing 50% of the chips used in laptops in the entire world here. TI also built its semiconductor manufacturing base here: it's the most complete one in Asia, which started production in October last year.

According to informed sources, projects such as Dell, Lenovo, Compal and Wistron which announced their investments in Chengdu in 2010 are now being implemented as planned, and their actual capacity is going to be realized by the end of this year. Chengdu's computer output capacity is expected to reach 100 million units in Oct. 2011, including 72 million units of tablets, and 28 million units of laptops and desktops, accounting for 20% of the world's total, which means, for all the computers produced globally, every one computer out of five will be "Made in Chengdu" by then.

SOURCE Chengdu High-tech Industrial Development Zone