I. Basic Profile of the Zone

1. Institutional Evolution

The Longshan Industrial Development Zone was founded in 2006. In accordance with Circular No 66 of the General Office of the People's Government of Hunan Province issued in 2014, which released the Catalogue of Industrial Parks at the Provincial-level and Above in Hunan Province, Longshan County Industrial Park was approved as a provincial-level industrial concentration zone. Under Document No 19 issued by the Organization Establishment Committee of Longshan County in 2020, the Management Committee of Longshan County Industrial Park was renamed the Management Committee of the Longshan Industrial Concentration Zone. In line with Document No 517 issued by the Hunan Provincial Development and Reform Commission in 2021, the Longshan Industrial Concentration Zone was renamed the Longshan Industrial Development Zone.

The Phase I standard factory buildings stand in Longshan Industrial Development Zone.

2. Approved Land Area

The approved planned area of the zone stands at 198.44 hectares, among which the built-up area covers 115.74 hectares. A development orientation zone covering 82.7 hectares for zoning adjustment and expansion in the High-speed Railway New Town has obtained approval from the Department of Natural Resources of Hunan Province. The zone is speeding up the formation of a development layout featuring one zone with two industrial parks namely the Pagoda Industrial Park and the High-speed Railway Industrial Park also known as the Changsha Industrial Park.

3. Honors and Accolades

The zone was named the Model Civilized Unit of the whole prefecture in 2020 and won the prefecture's Second Prize for Investment Promotion Work of the whole prefecture in 2020 and 2021, respectively.

II. Core Industries and Distinctive Features

Following the provincial positioning principle of one pillar industry plus one featured industry, the Longshan Industrial Development Zone prioritizes strengthening and extending the industrial chains of biomedicine as the pillar sector and ethnic light textile as the featured sector. A total of 190,000 square meters of standard factory buildings have been newly constructed for Phase I of the Changsha Industrial Park. Led by Henglong Chinese Medicinal Materials and Shuangmu Pharmaceutical, the zone fosters a complete biomedicine industrial chain. Supported by Yeshi Brocade and Lier Garment, it builds a sound ethnic light textile industrial chain. In alignment with the 1711 Action Plan rolled out by the county Party committee and county government, the zone drives the development of industrial chains covering electronic information, green energy and featured manufacturing with Chengmei Building Materials and Jicheng Agricultural Machinery as leading enterprises.

The Phase I standard factory buildings of Changsha Industrial Park cover a land area of 254 mu with a total investment of 618 million yuan and are scheduled to officially open for operation in two years.

III. Economic Indicators of the Zone in 2022

Sixty enterprises set up operations in the zone in 2022, including 32 industrial enterprises above designated size and 15 high-tech enterprises. Three enterprises were listed on Hunan New Fourth Board namely Hunan Henglong Chinese Medicinal Materials, Rebamei Handicraft Textile and Xiangxi Jicheng Agricultural Machinery Technology.

Full-year performance from January to December is as follows. The total industrial, commercial and technical revenue hit 2.61 billion yuan ($295.82 million). The tax output per mu reached 51,400 yuan, representing a year-on-year growth of 22.09 percent. The actually utilized domestic investment from outside Hunan Province stood at 951.82 million yuan, up 51.4 percent year on year. The utilized foreign capital amounted to 521,000 dollars with a year-on-year surge of 942 percent. The added value of industrial enterprises above designated size reached 441.94 million yuan, a year-on-year decrease of 20.25 percent. The land development rate registered 76.79 percent.