Composed of Longchuan Industrial Park and Zhangzhuang New Industrial Park, the Pingding Economic and Technological Development Zone (hereinafter called "the Zone") was approved by the provincial government in August 2017, with a planned area of 46.52 sq. km.

As an accredited agency of the Pingding County Government, the management committee (administratively equivalent to a county level) of the Zone was built on the management center of the former county industrial cluster. It has set up 24 government-funded posts as well as five internal bodies of general affairs, engineering management, Chinese commercial service, investment and cooperation, coordination and security.

The overall layout of the Zone is "one area, two parks and five clusters", where one area refers to the development zone itself, two parks are Longchuan Industrial Park and New Industrial Park, and five clusters are ones of coal-electricity-aluminum, porcelain, modern chemical and new materials, new energy, and materials and equipment manufacturing. An array of key enterprises have joined the Zone, such as Yangquan Coal Industry (Group) Company (ethylene glycol), BTR (new energy), Shanxi Zhaofeng aluminum, Pingding Yingyu Porcelain, Tian Yuan, and Changqing Oil Fracturing Proppant.

Twelve enterprises that joined in the Zone after its expansion are all enterprises above designated size. 2017 saw the Zone's GDP of 1.449 billion yuan, tax revenue of 94 million yuan, the gross output value of 5.84 billion yuan for industrial enterprises above designated size, fixed asset investment of 385 million yuan and total import and export value of 54 million yuan.

The first half of 2018 saw the Zone's tax revenue of 44 million yuan, the total output value of 2.29 billion yuan for industrial enterprises above designated size, fixed asset investment of 119 million yuan and total import and export value of 11 million yuan.