Zhengzhou Economic and Technological Development Zone realized a total output of 3.11 billion RMB in 2004, up 31% year-on-year. It also realized an industrial value of 4.8 billion RMB, up 53%. Hanwei Technologies, Jiuzhoutong E-commerce, Senyuan Electric and other 16 projects with a capitalization of over 100 million RMB as well as wholly UK-funded Harris Component and other 22 foreign invested projects have found their way to the Zone. ZETDZ has also been actively embraced the industries shifted to central and western China. In early November 2004, Citic Group's 2-billion-RMB tax recorder project was introduced to ZETDZ. The Export Processing Park in the zone passed the 9-ministry joint examination and became operative on June 1, 2004, already housing over 10 exporting firms including Fangxin Technologies and Ruixiang Electronics. The Returned Overseas Venture Company Park has retained over 50 overseas professionals from the US, Japan, Germany and the Netherlands. The High-tech Venture Business Center has attracted 55 companies, creating 1.29 billion RMB in total revenue. The Information Industry Park, barely one-year-old, has absorbed a large number of enterprises including Xianda CD and Xingcai Computer. Statistics show 372 projects of various types were newly introduced to the zone in 2004. One-third of them and one quarter of the investment were from the coastal area and overseas.