Qinzhou Port Economic and Technological Development Zone
Covering an area of 152 square kilometers, Qinzhou Port was established in 1992 and approved to be a provincial economic and technological development zone in June 1996. It was upgraded to a national economic and technological development zone in November 2010.
The development zone is located in the Northwest Beibu Gulf Economic Zone, the center of the coastal area of Guangxi. It is the junction of the economic circles of South China, Southwest China and ASEAN, as well as the nearest and most convenient seaport for land-sea transportation in Southwest China.
Qinzhou Port Economic and Technological Development Zone [Photo/gxnews.com.cn]
High-speed railways, expressways, ocean shipping, and air freights make up a comprehensive transportation system, making the zone the center of the half-hour economic circle of the Beibu Gulf Economic Zone, the central gateway of the coastal shipping system in Guangxi, an important transportation hub along the coast of Guangxi, as well as the frontier window of the New International Land-Sea Trade Corridor.
Qinzhou Port is a national first-class open port and a deep-water port with more than 240 km of wharf coastline. To date, 300,000 ton docks and waterways, eight 100,000 ton container terminals, as well as more than 300,000 ton berths have been built, while the port's throughput capacity has reached 120 million tons. The port has opened 26 domestic and international liner routes to Hong Kong, Taiwan, South Korea, Singapore, Vietnam, and Malaysia, as well as five new container routes to Thailand, Vietnam, and Indonesia.
World-renowned companies like PetroChina, Sinopec, COFCO, CSSC, State Power Investment Corporation, Huayi Group, Zhejiang Hengyi Group, Zhejiang Tongkun Group, and Indonesian APP Company have settled in the development zone. A number of projects have been completed in the zone, basically forming a modern industrial system framework focusing on the petrochemicals, equipment manufacturing, energy, paper, metallurgy, grain, and oil industries.
In 2019, the GDP of the development zone totaled 24.14 billion yuan ($3.4 billion), an increase of 6.8 percent, and the gross output value of industrial enterprises above designated size was 73.24 billion yuan, a year-on-year increase of 2 percent. Port cargo throughput reached 11.93 million tons, an increase of 19.3 percent year-on-year, and containers completed 3.016 million TEUs, an increase of 33.4 percent year-on-year.
On Aug 26, 2019, China (Guangxi) Pilot Free Trade Zone was approved by the State Council to be established, of which Qinzhou Port Area comprised 58.19 sq km of it, including 32.14 sq km in the Qinzhou Port Economic and Technological Development Zone.