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Pinghu Economic-Technological Development Zone

Pinghu Economic-Technological Development Zone (PEDZ) was established in 1996 and upgraded to national level in 2013. PEDZ has a high concentration of German enterprises, with the Sino-German (Pinghu) Industrial Park as its core platform.

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Pinghu Economic-Technological Development Zone (PEDZ) / Pinghu Economic-Technological Development Zone (PEDZ)

OVERVIEW 

Total enterprises are over 1,600, over 300 are foreign invested. 47 are German enterprises. Representative German Enterprises: thyssenkrupp, DMG MORI, DSV, Wacker Neuson, Hirschvogel, Stabilus, Trützschler, Eppendorf, etc.

Pinghu
Pinghu Economic-Technological Development Zone (PEDZ) / Pinghu Economic-Technological Development Zone (PEDZ)

SERVICE TEAM & SPECIAL POLICIES

  • International Investment Promotion Service
    A bilingual team of 30 professionals with fluent command of English and German.
  • Dedicated Project Promotion Team
    PEDZ has set up a dedicated project team force to provide full-process services for enterprises, including but not limited to project approval, business license application, land bidding, auction and listing, equipment import, etc..
  • Special Support Policies
    A series of supportive policies can be provided according to enterprise needs.

 

Pinghu
Pinghu Economic-Technological Development Zone (PEDZ) / Pinghu Economic-Technological Development Zone (PEDZ)

LOCATION ADVANTAGES & TRANSPORTATION 

PEDZ is located at the intersection of the diamond diagonal of the four major cities of Shanghai, Hangzhou, Suzhou, and Ningbo.

Pinghu Economic-Technological Development Zone (PEDC)
Pinghu Economic-Technological Development Zone (PEDC) / Pinghu Economic-Technological Development Zone (PEDC)

HIGH-QUALITY BUSINESS ENVIRONMENT

  • Government Role Transformation 

PEDZ facilitates the connection of core resources including talent, finance, customers, and R&D and testing platforms, and regularly hosts foreign enterprise forums to drive industrial synergy. 

  • Special Service Channels 

Pinghu has established a foreign-related administrative service center to handle all types of foreign-related matters, reducing approval time by 72%. In addition, PEDZ has its own service center for providing one-stop service. 

  • Talent and Support Facilities 

Pinghu is home to 157,700 professional and technical personnel, including over 5,000 English/German-speaking talents. It offers supporting facilities including talent apartments, international schools, and medical service, etc. 

2025 ECONOMIC DATA

  • GDP: CNY 112.8 billion 
  • Total import & export volume: USD 13.2 billion 
  • Total industrial output value of above-scale enterprises: CNY 296 billion 
  • Actual utilized foreign capital: USD 423 million (Ranking among Zhejiang's Top 10 in utilized Share of output value from foreign-funded enterprises: 70% 
Pinghu Economic-Technological Development Zone (PEDC)
Pinghu Economic-Technological Development Zone (PEDC) / Pinghu Economic-Technological Development Zone (PEDC)

 Key Industries

  • Advanced Equipment Manufacturing 
  • Intelligent Manufacturing 
  • Automobiles and Components 
  • Biopharmaceuticals / Life Sciences & Healthcare 

Specialized Supporting Industries

  • Precision Machining 
  • Industrial Automation Integration 
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Pinghu Economic-Technological Development Zone (PEDZ) / Pinghu Economic-Technological Development Zone (PEDZ)

Contact Us

No. 1000 Yongxing Rd. Pinghu, Zhejiang 

Planned/Developed Land Area (km2): 65/27.5 

Website: www.pinghu.gov.cn 

Contact: Max Zheng

Phone: 0573-85620111/+86-18367633322 

Fax: 0573-85620111 

Email: max.zheng@pedz-pinghu.com