Daqing Development Zone was broken ground formally on Apr 10th, 1992, and was approved to be national new and high-tech development zone on Nov 9, at the same year.

It is one of the 53 national key development zones. The planned area of the zone is 16 square kilometers, and now it has been exploited areas of 3.5 square kilometers. In Jan 1995, national science committee approved to set up Hongwei Chemical Industry Zone (4 square kilometers) and Xinghua Chemical Industry Zone (3.5 square kilometers) in the area of Daqing Petroleum Management Bureau and Daqing Petrochemical Industry Head Factory. So it has formed development pattern of "one body with two wings". The new-established zone has completed infrastructure facilities such as water, heat, gas and power supply, road, communications, sewage, drainage and land leveling, and has possessed various functions such as industry, technology, finance, synthesis service etc. It has had the ability of setting up high-tech enterprises of various types and scales.

Since 1992, the economy of Daqing Development Zone has been developed forward stably. By the end of 1997, Daqing development zone has achieved RMB?¤7.214 billion of gross industrial output value , RMB?¤9.731 billion of revenue on technology, industry and trade, RMB?¤1.344 billion of profit and tax altogether. Now it has become the leading industrial area in Daqing City.