Xi’an Economic and Technological Development Zone was established in September 1993. It was upgraded to a national-level development zone in February 2000 by the State Council. In February 2010, the zone was included in the first batch of national demonstration bases for new industries by the Ministry of Industry and Information Technology.
Located in the north of the city, the zone consists of a central area, an export processing zone, Jingwei new city and the Caotan eco-industrial park, covering 113.74 square kilometers.
The pillar industries of the zone include auto industry, high-end equipment manufacturing, headquarters economy, modern finance, consumer goods manufacturing, emerging industries and modern services. The zone takes the strategic and emerging industries, especially new materials and new energy, as the key to transforming its economic structure and improving innovation capability.
In 2017, the output value of the auto industry in the zone reached 77.63 billion yuan ($11.53 billion), up 43.6 percent year-on-year.
It is home to a dozen Fortune Global 500 enterprises including Bosch, Siemens, ABB, Hitachi and Mitsubishi Group, and more than 60 industrial leaders such as CRRC, ACEE Xi'an Aero-Engine Ltd, China Xidian Group Co Ltd and Xi'an Qiyuan Mechanical and Electrical Equipment Co Ltd. There are over 80 financial enterprises in the zone with registered assets of more than 27 billion yuan.
In 2017, the zone achieved a GDP of 67.11 billion yuan, up 13.4 percent year-on-year. Its above-scale industrial added value hit 35.33 billion yuan, up 18 percent year-on-year. The total fixed asset investment in the zone recorded 74.43 billion yuan, an annual increase of 13.1 percent.
It has attracted a total of 116 projects including five Fortune Global 500 enterprises, three major industrial projects with investment of each surpassing 10 billion yuan. Actual use of foreign investment achieved $1.45 billion.
In the first three quarters of 2018, the gross industrial output value of the zone reached more than 417.5 billion yuan, with revenue achieving 285.3 billion. The growth rates for its GDP and added value in services recorded 6.7 percent and 3.7 percent respectively.