Zhuhai Free Trade Zone (Zhuhai FTZ) was founded in 1996 with the State Council's approval, occupying . A Zhuhai FTZ Administrative Committee was set up in June 1997. By the end of 2006, there had been over 200 companies registered in the Free Trade Zone, including more than 150 foreign-funded enterprises, and the total investment amount was one billion US dollars. Industries encouraged in the zone include electronics assembly & manufacturing, telecommunications equipment, building/construction materials, instruments & industrial equipment production, medical equipment and supplies, raw material processing, research & development, shipping/warehousing/logistics, and heavy industry.