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ZTE¡¯s north base established in Binhai
enorth.com.cn   2006-11-17 10:13


(Enorth.com.cn)The signing ceremony for the framework investment agreement between Shenzhen ZTE Corporation and Tianjin Port Free Trade Zone was held yesterday. According to the agreement, Shenzhen ZTE Corporation, China¡¯s only IT company among ¡°top 100 IT enterprises¡±, will invested five billion yuan in the trade zone to establish a base in north China.

Mayor Dai Xianglong and chairman Hou Weigui from ZTE Group presented the signing ceremony. Hou Weigui and Pi Qiansheng, member of the standing committee of Tianjin Committee of CPC and director of the Administrative Committee of Binhai New Area addressed the signing ceremony.

Dai welcomed the delegated headed by Hou and congratulated on the signing of the investment agreement.

Dai said that that State Council has uplifted the positioning of Tianjin and approved Binhai as an experiment zone for comprehensive reform of the country. Tianjin now faces a hard-win historic development opportunity. According to the deployment of the Central Committee of CPC and the State Council and the requirements of the function positioning of Binhai, Tianjin must embark on a road of scientific development, enhance innovation ability, promote the development of high-tech industry, make efforts to introduce and support high-tech enterprises and constantly uplift the independent innovation ability.

Dai noted that as a leader in China¡¯s information industry, ZTE has profound technical R&D strength. Building a base in Binhai has great significance for Tianjin¡¯s modern manufacturing industry. Tianjin is an electronic industry base which has talent advantage and all aspects shall do well in auxiliary services.

Hou Weigui showed his appreciation to the pragmatic and effective working style of Tianjin Municipal Government and related departments and briefed the development strategy of ZTE as well. He said that Tianjin¡¯s information industry has a strong foundation and the rapid development of Binhai has provided a hard-win opportunity to ZTE. The base will be built into a communication industry base integrated with industry, cultivation, R&D and transformation. It will be a center for information product R&D, manufacturing and market transaction finally, making great contributions to the information industry of Tianjin and the whole country.

Pi Qiansheng said in his address that the rapid development of Tianjin and the constant improvement of the investment environment have great appealing to the big enterprises. Binhai will make efforts to provide complete auxiliary services and support the development of ZTE in Tianjin.

ZTE is a large communication manufacturer listed in Hong Kong and Shenzhen. It is a key high-tech enterprise and a base for the transference of 863 Program. The contractual sales volume of the group was nearly 50 billion yuan and paid 3.5 billion yuan of tax in 2005. It has become one of the main equipment provider in China¡¯s telecom market.


Editor: Zhang Jialu
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