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Wuxi New District
Covering an area
of 83 km2 and with a population of 100,000, Wuxi New District
has under its jurisdiction Wuxi National High-tech Industrial
Development Zone and Wuxi Singapore Industrial Park.
Over the past 6 years,
under the guidance of further reform and opening to the outside
world, Wuxi New District has focused on hi-tech, high standard
planning, highly sophisticated business promotion measures and
high standard services and made unprecedented achievements in
its hi-tech industrial development, further opening up and the
reasonable utilization of foreign investment. In recent years,
the growth rate for its major economic indexes all exceeded 50%,
which has topped the list of the 53 national hi-tech industrial
development zones in China.
Wuxi New District
has attracted overseas investors from 23 countries and regions
to start businesses here. 19 international companies from the
Global Fortune 500 have set up 24 hi-tech projects in the District,
including Bayer, Siemens, Bosch, Kodak, Astra, Toshiba, Panasonic
and Hitachi, etc, taking a leading position among the 53 national
hi-tech development zones. At present, five pillar industries
featuring electronic information, precision machinery and mechanic
and machinery integration, fine chemicals, bio-pharmaceuticals
and new materials have been formed.
The New District has
now become the largest production base for computer hardware,
front-loading washing machine, crystal liquid display, photographic
solution, bottle caps and leather chemicals. It is also the largest
Science Park integrating the ¡°incubation center¡± for technology
intensive enterprises, the working station for overseas returned
students and individual-run scientific enterprises.
Wuxi New District
is trying to run its business according to international practices,
by creating an ideal investment environment, and providing perfect
service system, preferential policies, pleasant environment and
quality service. In the last 6 years, RMB 2 billion have been
invested for the construction of infrastructure. As a result,
the framework of a 6km2 development zone with the complete and
high standard public utilities has taken shape. The speedy transport
network to the city proper and to the Shanghai-Nanjing Expressway
has been constructed, so are the advanced communication system
and water, electricity and gas supplying system. Other services
and facilities like the bank, insurance, bonded warehouse, international
school, clinic and investors¡¯ club are also constructed. While
trying to improve the hard investment environment of the New District,
the soft investment environment has also been strengthened.
The ¡°one window opening-up¡±,
¡°one-stop service¡±, ¡°one unit fee collecting¡± quality service
system has been applied. One window opening-up means the administrative
committee has the power of the municipal government for foreign
economic management. ¡°One-stop service¡± means over 20 municipal
departments including the customs, the commodity inspection, industry
and commerce administration and taxation, etc, have set up branch
offices in the District. When overseas investors intend to set
up businesses, they need only 10 days to go through all the procedures
in the service hall. ¡°One unit fee collecting¡± means all the legal
fees required of overseas invested enterprises in the District
will be collected by the exclusive fee-collecting office. Furthermore,
various fee items have been reduced from the original 128 to the
present 19, which greatly reduces the costs of the enterprises
and releases the burden on investors. Thanks to its constantly
improved environment, Wuxi New District has been listed as one
of the 50 national development zones with the best investment
environment. Furthermore, Wuxi-Singapore Industrial Park has been
rated as the top industrial park in the Asian-Pacific region for
its excellent investment environment by an authoritative UK based
magazine "Corporate Location" for 3 consecutive years.
Wuxi New District
welcomes all the friends from home and abroad to set up businesses
here and share happiness of development with us. Let's work together
for the glorious New Century.
Xishan Economic
Development Zone
It is a provincial
level development zone of Jiangsu Province, with a total planned
area of 20km2 and it is located in Dongting Town, 4 km away from
Wuxi City proper. The zone is focused on the development of hi-tech
and the tertiary industry. Within the 20km2, there will be 9 functional
areas: the finance and trade area, the hi-tech area, the foreign
investment area, the bonded warehouses, the commercial housing
development area, the education and cultural area, the expatriates¡¯
living area, the service area and the residential quarters. An
area of 1.5 km2 out of the first phase 5km2 has been developed
with the complete infrastructures like road, telecommunications,
power, water, etc. Other facilities like hotels, recreation center,
supermarket, financial organizations and high-end villas are under
fast construction. In 1994, the zone put in a great number of
investments to improve the infrastructure facilities within an
area of 20 km2. As a result, another 15 joint venture or solely
foreign owned enterprises were established, together with the
setup of 10 tertiary projects and 5 trading companies. Consequently,
the GDP of that year exceeded 1 billion yuan, which contributed
greatly to the economic development of Xishan City. Xishan City
Government provides various incentives to hasten the construction
of the zone and encourage foreign investment. One-stop service
system has been formed in the zone to help the investors and protect
their legal rights.
Jiangyin Economic
Development Zone
It was approved by
the Provincial Government to be a provincial level development
zone. The planned area covers 6.5 km2. After several years¡¯ of
development, it has taken shape and formed its own development
advantages. The development zone is situated on the eastern outskirts
of Jiangyin City. The deep-water shoreline along the Yangtze River
is the best place for the construction of natural harbor. On both
sides of the zone are two national-level first grade open ports
(Jiangyin and Zhangjiagang Ports). In the zone, there have been
established foreign-related organizations for commodity inspection,
the customs, border inspection, sanitary inspection, animal and
plant and ship inspection, etc. The Jiangyin Yangtze River Bridge
has completed its construction and is located at the west end
of the development zone. With the construction and completion
of these traffic arteries, Jiangyin Economic Development Zone
will become an important hub of communications and center for
passenger and cargo collection and distribution on the middle
and lower reaches of the Yangtze River. Ever since the zone was
set up, investment in infrastructure construction has been enforced.
Within the planned area of 6.5 km2, overall infrastructure facilities
have been completed. Roads extending 32km, substations, public
bonded warehouse, school, hospital, hotel, free market and residential
quarters are built as well to provide the ideal investment environment
for the investors. From 1994 till now, investment in the zone
has totaled 2.7 billion yuan. 27 foreign investment projects have
been established (including 2 solely foreign owned ones), with
a total investment of 247 million USD and total utilized foreign
investment of 120 million USD. The functional organization of
the zone is the Administrative Committee of the Zone, which provides
the one-stop services from the project negotiation, examination
and approval, engineering planning and designing to bidding, etc.
Jiangsu Binjiang Group Corporation is the group in charge of the
construction of the zone.
Yixing Economic
Development Zone
This is a provincial
level development zone approved by Jiangsu Provincial People¡¯s
Government. Situated between the two largest towns in Yixing�Yichen
and Dingshu, it boasts beautiful surroundings and is accessible
to transport. Since its establishment in May, 1992, the zone has
witnessed the constant perfection of its infrastructures on the
daily basis, hence its basically complete utilities. The planned
area of the zone is 21 km2 with a population of 120,000. It has
attracted numerous domestic and overseas investors, because of
its wide area, diversified geological conditions, fairly strong
supplying capacity for the production of building materials, pottery,
electric and mechanic equipment, chemicals and light industry,
as well as its quality service and preferential policies. Up till
now, 61 projects of various sectors have entered the zone, with
a total investment of over 2 billion yuan, among which 28 are
overseas investment companies, with the total utilized foreign
capital of 93.68 million USD. The zone has also cooperated with
the ministries and large enterprises to jointly develop projects.
In order to create an even better soft investment environment
and attract more overseas investment, the development zone strictly
implements all the preferential policies stipulated by the local,
provincial and national governments. The zone warmly welcome business
people from home and abroad to invest and start up businesses
in Yixing.
Wuxi Liyuan Economic
Development Zone
It is a provincial-level
key development zone with a planned area of 2.5km2. At the same
time, as an integral part of Wuxi National Hi-tech Industrial
Development Zone, it enjoys the uniformed same preferential policies
of that Zone. The Administrative Committee of the zone offers
¡°one-stop service¡± in the land use right, project application,
business license and capital construction, etc. Therefore, it
provides a lot of convenience to investors. As it is located within
the Taihu Lake Scenic Area and surrounded by hills and water,
it enjoys clear air and beautiful environment and its purity of
the atmosphere is fairly high. In the area along the Taihu Lake,
it is planned to develop villas and vacationing centers, while
in the northern part of the zone, it will be the hi-tech industrial
park, warehouses and heat and power center; The southern part
will be designated for industrial processing. Since its establishment,
the zone has finished the infrastructure construction, with 6
standard factory buildings and 6 office buildings of 100,000m2
and 5 villas and 6 matching staff apartment buildings have already
been constructed and ready for sale. In the spirit of mutual interest
and benefit, the zone welcomes friends from home and abroad to
establish businesses in the zone and to achieve common development.
The Administrative Committee of Wuxi Liyuan Economic Development
Zone is situated on Lixi Road on the western outskirts of the
city.
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