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Zhongshan Torch Hi-Tech Industrial Development Zone Economic Overview

In 2013, Zhongshan Torch Hi-Tech Industrial Development Zone (ZHTIDZ), with secondary industry as the main industry and tertiary industry industry as the supplementary industry, realized a GDP of 37.799 billion yuan, an increase of 11% compared with 2012, and fixed asset investment of 14.58 billion yuan, an increase of 18.4% compared with 2012. The ratio of tertiary industry is 0.1:80.5:19.4.

In 2014, the annual gross domestic product (GDP) of 40.69 billion yuan, an increase of 8.8% compared with 2013; the total output value of industrial production above the scale is 169.04 billion yuan, and the added value of industrial production above the scale is 31.35 billion yuan, an increase of 9.6% compared with 2013; the investment in fixed assets is 13.02 billion yuan, an increase of 19.2% compared with 2013 an increase of 19.2%; national and local tax revenues of 7.91 billion yuan, an increase of 16% over 2013; public **** budget revenues of 3.1 billion yuan, an increase of 11.8% over 2013; and the total value of exports is expected to realize 8.55 billion U.S. dollars, an increase of 4.1% over 2013. The total volume of the above major economic indicators ranked first in Zhongshan City and basically realized 2-digit growth. Meanwhile, the four strategic emerging industries continued to grow, accounting for 86.1% of the total economic output of Zhongshan Torch Hi-Tech Industrial Development Zone. In 2013, the value added of tertiary industry in Zhongshan Torch Hi-Tech Industrial Development Zone amounted to RMB 7.332 billion, an increase of 8% over 2012. The annual cargo throughput of Zhongshan Port was 6.125 million tons, and the container throughput was 801,800 TEUs. Investment in real estate industry was RMB 3.834 billion, down 3.55% compared with 2012; the sales area of commercial properties was 984,600 square meters, an increase of 35.28% compared with 2012, and the sales volume was RMB 6.28 billion, an increase of 57.79% compared with 2012. The annual turnover of accommodation and catering industry above the quota was RMB 273 million, and the turnover of wholesale and retail industry was RMB 6.93 billion. The old motor vehicle trading center traded 22,500 cars, with a turnover of 674 million yuan.

In 2013, the total retail sales of consumer goods in Zhongshan Torch Hi-Tech Industrial Development Zone amounted to RMB 4.48 billion, an increase of 6.28% over 2012, and the balance of urban and rural residents' savings deposits amounted to RMB 10.473 billion. The annual per capita net income of farmers was 19,336 yuan, and the annual per capita net income of residents was 21,700 yuan. Residents' living electricity consumption is 22,128 kWh, and car ownership is 9,163. In 2013, Tsui Heung Yuen*** received 197,000 tourists and had sales of 6.75 million yuan.

External Economy and Trade

In 2013, Zhongshan Torch Hi-Tech Industrial Development Zone (ZHTIDZ) introduced 17 projects with a total investment of US$597 million in the "3-28" Zhongshan Investment Promotion and Economic and Trade Fair & Recruitment of Talents and Intelligence Cooperation and Exchange Meeting. The annual utilization of funds outside the zone 2.212 billion yuan; the actual utilization of foreign capital of 193 million yuan, contracted foreign investment of 369 million U.S. dollars. The total value of exports was 8.721 billion U.S. dollars, an increase of 11.6% over 2012; the total value of imports was 4.927 billion U.S. dollars, an increase of 6.9% over 2012.

Taxes and Finance

In 2013, the total tax revenue of Zhongshan Torch Hi-Tech Industrial Development Zone amounted to RMB 6.824 billion, an increase of 10.62% over 2012. Among them, the national tax revenue was 4.513 billion yuan, and the local tax revenue was 2.31 billion yuan (including the two agricultural taxes). The public *** budget revenue amounted to RMB 2.771 billion, an increase of 13.21% over 2012; the public *** budget expenditure amounted to RMB 2.846 billion. By the end of the year, Zhongshan Torch Hi-Tech Industrial Development Zone has 83 financial institutions such as banks, insurance companies, guarantee companies, microfinance companies, pawnbrokers, fund companies and fund management companies, including 9 banks, with a balance of 24.375 billion yuan of deposits in banks and a balance of 14.605 billion yuan of loans.