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The Zhuhai Free Trade Zone, covering 3 sq km, was founded in 1996 with State Council approval. Its Administrative Committee was set up in June 1997. By the end of 2016, over 1,000 companies had registered in the Zone (including the Zhuhai-Macao Cross-Border Industrial Park), nearly 400 of which were foreign-funded or joint ventures.
Nowadays, businesses operating in the Zhuhai Free Trade Zone include aviation maintenance and training, precision processing, electronic component manufacturing, pharmaceutical and medical apparatus manufacturing, and modern logistics.
[Photo by Zhong Fan]
The Free Trade Zone’s economy has been growing rapidly. In 2016, for example, it achieved GDP of 5.19 billion yuan ($764 million), and total value-added output of the industrial enterprises above designated size of 3.12 billion yuan ($459 million), year-on-year growth of 10.4 percent and 0.5 percent respectively. Imports and exports hit $1.93 million.