yizhuang(bda) life informatiom

Beijing Economic-Technological Development Area,or BDA, is situated at Yizhuang. With an area of 15.8 square kilometers, it started construction in 1992 and was approved by the State Council as the state-level economic-technological development area in August 1994. In August 2002, with the approval of State Council, BDA expanded its area with 24 square kilometers. In April 2003, the Beijing Municipal Goverment agreed to implement this expansion plan. In 2005, the State Council decided in its official reply to the Overall Urban Planning of Beijing 2004-2020 that Yizhuang will be one of the three prioritized new cities in Beijing , positioned as the center for high-tech industry development.

By the end of March 2005, 1,691 enterprises have made their home in BDA, accumulating a total investment of US$9.319 billion. With an average investment value of US$16.1 million, foreign invested-enterprises, of FIEs, make up more than 70% of BDA's total investment. What's more, 90% of total industry output valueof BDA is created by high-new techonology enterprises.
More than 80 famous multinationals, such as Nokia, GE, Corning, SMC, Cummins, Schneider, Panasonic, Semiconductor Manufacturing International Corporation(SMIC), Fujitsu,Bayer and Daiichi Pharmaceutical have set foot in BDA. 40-strong companies from World Top 500 have set up their projects here.

While earnestly importing foreign investment, BDA has always been keen on supporting and fostering high-tech enterprises and products with their own intellectual property rights, for example, projects of March 1986 Program and model projects for aplication of state-level high-tech achievements in the field of high-temperature super-conductor wire materials, lithium-driven cell, fuel cell, combined power electric motor car, human blod subsitutes, gene and genetic carrier technologies, bio-medicine technologies and digital TV technologies and digital TV technologies, which all show promising prospect.
In accordance with the requirements of adjustment of the strategic planning of Beijing's spatial develpment philosophy and efficiently carry out the growth strategy of adminnistrative innovation, industrial upgrading and environmental optimization with BDA's expansion and talents resources. With and aim to making more contribution to the development of key industrial sectors in Beijing, including electronic information, bio-pharmaceutical,equipment manufacturing and automobile, BDA commits itself to promoting the industry cluster, intensive resources utilization and enhancing innovative vitality and competitive edge. Undoubtedly, BDA will set an example in exploring a new path of industralization.