Business Focus Yingkou - North <strong>China</strong> October - November 2008 | 14 Yingkou Province: Liaoning Population: 2.3m Area: 5,402km² Coastline: 96km Geography Yingkou is a coastal city on the east bank of Bohai Bay, where one of the largest rivers in <strong>China</strong>, the Liaohe, empties into the Bohai Sea. The city is equidistant from Shenyang and Dalian, located roughly 170km away from each. Infrastructure • The Port of Yingkou is an international seaport consisting of three separate dockland areas: Yingkou Old Port at the mouth of the Liaohe River, Bayuquan Port, and Xianren Island Energy & Chemical Industry Port on the Bohai Sea. Xianren Port is still under construction. • Yingkou is the second-largest port in northeastern <strong>China</strong> (after Dalian) and is one of <strong>China</strong>’s 14 key national ports. It has 31 berths, of which 19 exceed 10,000-ton capacity. In 2007, the port achieved a record volume of 120m tons, 27% higher than the 2006 volume. The aim is an annual throughput of 200m tons by 2010. The operator, Yingkou Port Group, is seeking a listing on the stock exchange. • The Shenda Expressway, a 400km expressway that connects the provincial capital Shenyang with the famous harbor city Dalian, passes through Yingkou. Built between 1984 and 1990, it lays claim to being the first expressway in mainland <strong>China</strong>. Originally, it had 4 lanes but was rebuilt recently as an 8-lane configuration. • Two railways run through Yingkou: the Changchun-Dalian Railway, and the Harbin-Dalian Railway, which mainly transports coal, oil, agricultural products and wood. A new Harbin-Dalian railway is under construction, scheduled to open in 2013. • Shenyang and Dalian International Airports are easily accessible from Yingkou, each about a 90min drive away. Yingkou does not have its own airport, but plans for one exist. Industry GDP was RMB 5.68bn in 2007, ranking 4th in Liaoning Province behind Shenyang, Dalian and Anshan. The main industries in Yingkou include: metallurgy, magnesia materials, petrochemical, equipment manufacturing, textile and paper. More than 680 foreign-invested enterprises have settled in Yingkou, among them four from Germany. Natural resources in Yingkou are rich and of high quality. More than 30 kinds of metal and non-metal minerals have been verified. Magnesite reserves rank first in the world, while talcum and boron rank first in <strong>China</strong>. This makes Yingkou an ideal location for the sourcing of raw materials. Two of <strong>China</strong>’s biggest steel mills have projects in Yingkou: Angang Steel Corporation has a major mill, with a capacity of over 10m tons, The German Chamber of Commerce in <strong>China</strong> including a 5m-wide steel plate mill. The Minmetals Yingkou Medium Plate extension project with a total investment of RMB 4.72bn, and a planned annual production of 1.5m tons, is under construction. Yingkou is adjacent to the Liaohe oil field, the third largest in <strong>China</strong>. The surroundings have rich oil and natural gas deposits, and refined oil and gas can be transferred to Yingkou’s port through two pipelines. Development Zones Yingkou Economic & Technological Development Zone (YK-ETDZ) is a national economic and technical development zone in Bayuquan District in the south of Yingkou city, approved by the State Council in 1992. Of a planned 145km², 30km² are currently developed. Power is supplied by Huaneng Yingkou Power Plant, one of the state’s key projects during the 8 th Five-Year Plan. It has a capacity of 1,840MW, which will be expanded to 3,000MW by 2010. The Liaoning (Yingkou) Coastal Industrial Base is an important part of the development strategy of the Bohai Rim Economic Circle and the revitalization of the old industrial base in Northeast <strong>China</strong>. The development of this region is strongly supported by the Central Government and Liaoning’s Provincial Government. The Yingkou Coastal Industrial Base is located between Yingkou’s downtown and Bayuquan Port. The planned area of 120km² will be developed in 3 phases. It includes an industrial area, with special zones for different industries, and an urban area. Until 2010, industrial clusters will be formed in equipment manufacturing, electronic communication technology, fine chemicals and modern logistics. Yizhou Fossil & Geology Park In 2004, a farmer from Yixian County near Jinzhou, Liaoning, accidentally discovered the remains of a beautifully preserved dinosaur, later identified as a Jinzhousaurus. German veterinarian, Dr. Burkhard Pohl, whose passion for dinosaurs is internationally known (Wyoming Dinosaur Center & Dig Site), heard the news and came to Liaoning just weeks after the discovery. Pohl and his team created the first joint venture company of its kind in <strong>China</strong> with the local government and Liaoning provincial government. With a 51% stake for the German side, the Sino-German Yizhou Fossil & Geology Park was born. The museum also became the first environmentally-friendly museum in <strong>China</strong>. 2,000 trees of local species were planted in the park, recyclable and non toxic materials were used for the museum’s construction, energy needs are covered by solar and wind power, and a 100% recycling program was put in place for all of the museum’s wastes. The collection from <strong>China</strong> and around the world ranges from the world’s oldest mammals to the largest turtle ever found (a giant 4.5m Archelon - the only specimen in <strong>China</strong>). Mr. Damien Leloup | Mob: 13521649494 | Museum office: 0416 7575-088
The German Chamber of Commerce in <strong>China</strong> www.china.ahk.de 15 | October - November 2008 Business Focus
Change language