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Ningbo Economic and Technical Development
Zone
Visions and Plans--Attracting
Investment--Port Industries--High-Tech Industries--Main
Investment Direction
Visions and Plans
Regional
function and target of Ningbo Development Zone are set as follows: first class
development zone of national level, important energy, raw material, chemical industry
base in Eastern China and important wing for Shanghai International Transportation
Center, important base for foreign investment attract and an important display
window for opening to the world in Ningbo and Zhejiang, a model area for conversion
of scientific research results and technical innovation, and new of socialist
modern international port city. The
major index of the Development Zone's 10th five-year plan: urban population: 0.25
million. Industrial output value: 50 billion RMB. GDP:15.5billion RMB, among which
the service sector will have 5 billion RMB as output value. Export will be 1.2
billion USD and accumulated actual foreign investment 2.6 billion USD. By
2020, Ningbo Development Zone's long term plan is to convert here into a modern,
international port city and a model show case area that is well incorporated into
the global economy, which has sound economy, advanced technology and beautiful
environment. The target are in the following details: 1) completed the
construction of infrastructure development for the Development Zone in the main.
In the economic development pattern, a leap will have been fully realized from
attracting investments to having radiation effects, monoculture economy to comprehensive
economic structure and industrialization to urbanization. Many social and economic
development indexes reached those of developed countries at present time.
2) Fully established socialist market economic system that is in accordance
with international market rules. Under the government's guidance, enterprises
are full of vibrancy. Supplementary regulations are complete and well functioning.
3) Fully formed the industrial structure that has modern port industries
as major bodies and high-tech industries as pillar. Its products, technology and
enterprises organization are among the leading positions in China. Its share of
Ningbo's and Zhejiang's total industrial output value increases remarkably meanwhile
it push Zhejiang's industrial and economic development ever more significantly.
Attracting Investment
The
lifeline of Ningbo Development lies in the investment attraction, which is obviously
the top priority among all our responsibilities and cares. As our industrial development
strategy focus evenly on the development of modern port industries and high-tech
industries, we have been trying to captivate investments by taking active measures
such as making door-to-door presentation, sending invitations, undertaking collective
investment attraction efforts for one type of trade or industry, strengthening
the business attraction network and improving investment attraction team etc.
As a result, our efforts paid off for we have achieved great success in investment
captivation. Ningbo Development Zone has now become the strategic area and important
base to captivate foreign investments in Ningbo and Zhejiang province. The zone
has also been densely populated by multi-national companies, large-scale projects,
high-tech enterprises and Taiwanese enterprises. By
the end of March 2001, over 4620 enterprises have settled in Ningbo Development
Zone. We have approved investments from 39 countries and regions and the accumulated
investments reach 4.91 billion USD, among which 3.93 billion USD are the stated
figures in the contracts and 1.52 billion USD are actually acquired investments.
We have also observed the following features of foreign investment activities
here:
1) There are many large-scale foreign investment projects. We
have 97 large-scale foreign investment projects that are worth 10 million USD
and 42 comparatively large-scale foreign investment projects that are worth between
5 million and 10 million USD.
2) Taking advantage of the near-by harbor,
conglomeration of modern industries has come into being and has brought deep impact
on the industrial restructuring in Ningbo and Zhejiang.
3) High-tech
industries are guiding the industrial development in an ever more discernible
way. Since 2000, we have witnessed active investments happen in the area of high-tech
industries.
4) Worldwide leading multi-national enterprises have showed
special favor for our Development Zone. 16 out of TOP 500 worldwide multi-national
companies set up their ventures here, which includes Esso, Dow Chemical (from
US), Mitsui, Mitsubishi Itochu, Marubeni, Asashi Chemical, Kanematsu, Sumitomo,
Iwai (from Japan), Hoechst, Mannesman (from Germany) and Samsung (Korea) etc.
5) Our Development Zone has been a new investment focus for Taiwanese
investors after Dongguan and Southern Jiangsu. 6) Enterprises here have showed
strong desires to make additional investment because of their successful performance.
Therefore, their healthy growth has been attracting more and more foreign investments.
Port Industries By
fully utilizing the advantage of Beilun Harbor, the deep-water harbor near by,
we have been concentrating our efforts on developing port industries and now formed
a gigantic industrial belt alongside the coastline, which means that we started
having an industrial conglomeration. The leading industries in this port industrial
structure cover power generation, chemical, stainless steel, shipyard, automobile,
modern paper-mill, electrical, textiles, grain and oil products, plastic &
rubber and construction materials etc. Power
Generation Industry: 1) Ningbo Beilun Power Generation Plant, the key project
in the 8th and 9th national five-year plans, that has 3 million KW as total power
generating capacity, has now completed 12.37 billion RMB-worth investments. 2)
We have been also building two thermo-power stations in the key industrial areas
here. The picture shows Beilun Thermo-power Generating Co., Ltd in Sifang area,
Da Gang, which generates 144 million KWH annually and provides 0.533 million MKC
heat. Chemical Industry:
1) Exxon Mobile Group (US) totally invested 67million USD on the establishment
of 3 projects including lubricant, asphalt and liquid gas here. 2) Zhejiang Pacific
Chemical Co., Ltd, a sole-venture of Dow Chemical (US) is a 65.89 million USD-worth
project. 3) He Qiao Chemical Co., Ltd, established by Jian Long Chemical Co.,
Ltd (Taiwan) and other investors, decided to make an additional investment (20
million USD) to build a new He Qiao Chemical Co., Ltd, which will be in operation
in the first quarter of 2001. 4) Tian An Corporation (Hangzhou) and Messer Gambh
(Germany) founded the Messer Sunshine (Ningbo) Gas Products Co., Ltd. Stainless
Steel Industry: Ningbo Bo Xin Stainless Steel Co., Ltd, which has 210 million
USD investments in total and produces 80,000 MT cold-rolled steel plates, has
just started its 2nd phase construction to double its production scale. Shipbuilding
Industry: Samsung Heavy Industries (Ningbo) Co., Ltd. was set up by Samsung
Heavy Industries Co., Ltd (Korea) alone. The 1st phase project (23 million USD
in total), which mainly produces steel structures and hull parts, has been completed
and put into operation. The 2nd and 3rd phase projects will be concentrating on
the building and repairing of ships. Automobile
Industry: 1) Ningbo Meiri Automobile Manufacturing Co., Ltd is the first private
enterprise that assemble whole vehicles in China. The 1st phase project costs
1 billion RMB and produces 50,000 units of cars for family use. 2) Taiwanese investors
have established machinery companies such as Mingfu Machinery, Yumin Machinery
and Xintai Machinery etc and formed the production base for key automobile spare
parts. Modern Papermaking
Industry: Asian Paper & Pulp Co., Ltd founded 3 companies including Ningbo
Asia Paper Products, Paper Packaging and Green Paper Products. Its total investment
exceeds 70 million USD. Electrical
Industry: 1) Fitters Investment Co., Ltd (US) and Ningbo Xin Le Air Conditioner
Plant established their joint-venture-Fitters Xin Le Co., Ltd, which produces
0.5 million units of air conditioners annually. 2) Ningbo Ubukata-Hengdian Electrical
Co., Ltd, a Sino-Japanese Joint Venture, produces key spare parts for air conditioners. Textile
Industry: 1) Reward (Ningbo) Wool Industrial Co., Ltd., established by Mr.
Ying Changji from Taiwan, produces 6,000 MT of wool top and carbon wool. 2) Ningbo
Shenzhou Weaving Co., Ltd is one of the largest knitwear manufacturing companies
in China and produces over 5.6 million units of various knit wears a year. 3)
Koyo Zhedong (Ningbo) Blanket Co., Ltd, a Sino-Japanese Joint Venture, is one
of the largest acrylic fiber blanket makers in Asia and produces 1.5 million pieces
of blankets annually. 4) Ningbo Nishidashin Dyeing and Weaving Co., Ltd, established
solely by Nishidashin Co., Ltd.(Japan) produces 1 million pieces of acrylic fiber
blankets. Food and Oil
Product Industry: 1) Chia Tai Co., Ltd. (Thailand) invested 80 million USD
to establish Ningbo Chia Tai Food Oil Co., Ltd. 2) Dorian Investment Co., Ltd
(UK) is the sole owner of Golden Foodstuff (Ningbo) Co., Ltd. 3) Peijie Development
Co., Ltd.(Hong Kong) alone invested 40 million USD to set up Ningbo Malt Co.,
Ltd, which produces 200,000 MT malt annually. Plastic
& Rubber Industry: 1) Ningbo Chia Tai Samsonite Trunk and Bag Co., Ltd
produces "Samsonite" trunks and bags, which are renowned to be top brand
in US. 2) Ningbo Formosa Rubber Co., Ltd. invested 27.6 million USD to establish
Ningbo Formosa Co., Ltd. and mainly produces rubber products and air-filling products. Construction
Materials Industry: Ningbo Conch Cement Co., Ltd, whose total investment is
397 million RMB, has just decided to make a 50million RMB additional investment
in order to add another 800,000 MT to the present 690,000MT production capacity.
High-Tech
Industries It
is one of most important decisions, that we have made since 2000, to speed up
the development of high-tech industries, for the growth will help us to gain a
favorable foothold in the new cycle of competition, realize upgrading of our industrial
structure and maintain sustainable economic growth. In order to do so, we launched
four new high-tech industrial parks including electronic information technology
industrial park, biochemical industrial park, precision machinery industrial park
and new technology industrial park. We are dedicating our efforts to form new
technology industrial framework that is led by IT industry and has electronic
information, biochemical and precision machinery industries as pillars. We created
special preferential policies to entice the growth of new technology industries
and decided to set up high-technology development foundation and enterprise development
foundation. We would like to transform the four industrial parks, which are our
special concerns, into the first class model base for technology transfer and
technology innovation in China as well as a new pride for developing high technology
industries in Ningbo. New
Technology Industrial Park: The planned area for the 1st phase is 195,000 square
meters. Being located inside the Development Zone, the park will concentrate on
being the research and development base for high-technology industries. We designed
this park with great cares for environment protection and want to make it a place
with beautiful surroundings, carefully designed spacing and complete infrastructure
facilities. We want it to attract and entice scientific research institutes, talents
from higher educational institutions, top researchers, and returned scholars to
undertake high technology research, transfer their research achievements and start
new high-tech companies. We intend to build it into a first class model base for
high-technology transfer and technology innovation. Electronic
Information Industrial Park: The planned area for the 1st phase is 667,000 square
meters. We started this park with the computer assembly as the leading products
in the electronic information industry here and expect it to push its related
manufacturing industries forward together. The major products are as follows:
main board cards for computer and its network, assembly line for computers, high-storage
CD-ROM and floppy disk devices and their spare parts, new model of display and
screens, new type of electronic parts (including chips), photoelectric devices,
sensitive devices and sensors, new printing devices, new electronic materials,
semiconductors, photoelectric materials, electric equipment, instrument and tools. Biochemical
Industry Park: The planned area for the 1st phase is 600,000 square meters. In
this park, we would like to focus on developing biochemical medicines, Chinese
medicines, marine medicines, health products, bio-agriculture and fine chemical
products. At the same time, we also expect them to push their related manufacturing
industries forward together. The key products are listed as follows: patented
chemical medicine that is under the protection of China's jurisdiction, medicine
intermediates that currently need to be imported, new medicine packaging materials,
containers and medicine producing equipment, new technology to analyze beneficial
ingredients and new equipment to extract them from Chinese medicine, new medicine,
dyeing materials, mid-bodies, enzymes, assistants, and pigments as well as their
new technology, processing technology for pigments, high-tech chemicals used in
electronics and paper mills, food additives, fodder additives, surface active
agents, adhesives, inorganic fibers, inorganic powder fillings and production
equipments. Precision
Machinery Industrial Park: The planned area for the 1st phase is 534,000 square
meters. We want it to concentrate on the production of plastic injection machines,
electrical powered tools and automobiles spare parts etc and also expect them
to push their related manufacturing industries forward together. The specially
developed products in this park include the followings: precise, highly effective
and large digitally controlled machine tools and their functional parts, hydroelectric
parts, cylinder parts, sealing parts, precision punching moulds, precision chamber
moulds and standard parts, industrial sewing machines and their spare parts, automobile
electric devices and their spare parts, new electric weaving machines, new paper-making
facilities, new electric instruments and materials, power transmitting facilities
and their related parts, intelligent instruments and devices.
Main
Investment Direction The
Main Investment Direction of Ningbo Economic and Technical Development Zone.
 1.
traffic, energy, real estate and city infrastructure construction.
2. large-scale
industries taking advantage of the deep-water harbour, such as petrochemical,
steel, building-material industry.
3. high-technology and high-value industry
such as precision optical machinery, biological engineering, electronics, and
new material production.
4. tourism, transportation, banking and other financial
trade.
5. related industries, coordinating with the established projects
in the Development Zone.
6. export-oriented processing industry and international
trades taking advantage of the cooperation of Free-Trade Zone and Beilun Harbour.
Add.: Changjiang
Buld., Minzhou Road, Beilun, Ningbo, P.R.C.
Post Code: 315800
Tel.:86-574-86883627, 86885326, 86885327, 86885328, 86885329
Fax: 86-574-86885325, 86883627
E-mail: nzsj@pub.nb.zj.cninfo.net
Website: www.hetd.com.cn
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