Xianyang High-Tech Industrial Development Zone was founded in May 1992 and upgraded to a national-level high-tech zone in August 2012 by the State Council. West of Xianyang’s main urban area, the zone covers an area of 164 square kilometers.
The zone is the only industrial park for the national-level display devices and a base for high-end rubber as well as a demonstration area for industrial transfer from the eastern region. Through years of development, it has forged the three leading industrial clusters of electronic information, biomedicine and medical equipment and new synthetic materials.
The zone is home to 346 innovative and technological enterprises including CEC Rainbow Corporation, Shengyi Technology, Xiuzheng Pharmaceutical Group, Shaanxi Kelong Energy Technology Corporation, Shaanxi Yanchang Petroleum Northwest Rubber Company and the Sinochem Northwest Rubber Institute.
In the first half of 2016, the zone achieved a turnover of 35.7 billion yuan ($5.3 billion), up 8.3 percent year-on-year. Its gross industrial output value recorded 34.68 billion yuan, up 8.8 percent year-on-year, with import and export volume reaching $193 million, an annual increase of 12.8 percent. Its fixed-asset investment hit 4.55 billion yuan, up 15.9 percent year-on-year.