The National Xi’an Hi-tech Industries Development Zone
The National Xi’an Hi-tech Industries Development Zone (XHTZ)
Founded in March 1991, XHTZ was one of the first groups of the National Xi’an Hi-tech Industries Development Zones approved by the State Council. Since 1994, XHTZ has ranked high among 53 counterparts in terms of its comprehensive index. It has been recognized by United National Industrial Development Organization as one of the six “Most Vigorous Cities and Regions in China” in December,2002.On June 17,2005,Prime Minister Wen Jiabao ,during his inspection of Beijing Zhongguancun Science Park, instructed that the five hi-tech zones including XHTZ should be built into world-class hi-tech parks. In the year 2007,the industrial output of XHTZ counted up to RMB117.77 billion Yuan, with the fixed assets investment reaching RMB 16.36 billion Yuan, the actual foreign investment amounting to US$361.75 million, the export volume hitting US$997 million and the local financial revenue totaling RMB1.51 billion Yuan.