Zhejiang Quzhou High-tech Industrial Development Zone.[Photo/qzjjq.gov.cn]

Zhejiang Quzhou High-tech Industrial Development Zone was established in June 2002. In December 2013, it was upgraded to a national-level high-tech industrial development zone by the State Council. 

As a chemical park with a planned area of 9.8 square kilometers, the zone includes one park, the Sino-Russian Science and Technology Cooperation Park, and three districts. In 2012, it merged with several industrial parks, including the Quzhou National Economic Development Zone, to become the Green Industry Clustering Zone. 

The zone has a planned area of 306 sq km, with 476 companies settled there, including Hyosung, Huayou Cobalt, Essen, and Mingwang, of which 119 enterprises are above designated size. It has also attracted 131 high-tech enterprises. 

The zone has five pillar industries: fluorosilicone new materials, electronic chemicals, photovoltaic new energy, high-end equipment manufacturing, and biomedical health. 

In 2017, the total industrial output value of the zone reached 58.5 billion yuan ($8.66 billion), of which the output value of the five major local industries was 48.44 billion yuan, accounting for 82.8 percent of the total number. Total fiscal revenue increased by 42 percent year-on-year, with general public budget revenue increasing by 34.4 percent. Fixed asset investment achieved year-on-year growth of 18 percent.