Yuyao District -- Yuyao
Economic Development zone--Yuyao Aid-the-Poor Economic Development
--The Tenth Five-Year Plan of Yuyao City
is located in East Zhejiang on south flank of the Yangtze River Delta and belongs
to Shanghai Economic Zone. With the Siming Mountains on the South and Hangzhou
Bay on the north it is 40 Km away from Ningbo, an international port city, on
the east and 120Km away from Hangzhou to the west. It has a total area of 1527
Km2 and 22 towns (townships) under its jurisdiction with the population of 830,000.
Since reform and opening up to the outside world the economic construction
and various social undertaking of Yuyao develop very rapidly. A new economic structure
has been formed in the city with the agriculture as its basis, the industry as
its leading force. The national economy of the city develops at the rate of around
15% every year and in 2000 the gross national product (GNP) of the city reached
RMB 14.85 billion and its financial revenue RMB 929 million. It is one of the
top 50 counties (cities) with strong comprehensive economic strength among over
2100 counties (cities) in China. It has primarily formed the local industrial
system with electronic and electric appliance, machinery and instrument, mould
and plastic as its three major industries and fine chemical industry, electromechanical
products and new material as its new leading industries. In 2000 the whole city
reached the total industrial output of RMB 52.2 billion and its total industrial
output ranked the third place in the province.
The opening economy of Yuyao develops rapidly. In 2000 the export delivery
volume of Yuyao reached RMB 8.86 billion and the self-managed export volume USD
303 million. There are 17 categories of exported products, of which the electromechanical
products cover 71.2% of the total export. The products are exported to 108 countries
and regions. The business people from both at home and abroad come to invest in
Yuyao one after another. Up to now Yuyao has approved 619 foreign funded enterprises
accumulatively with the total investment of USD 1.16 billion, registered capital
of USD 598 million and foreign owned enterprises. The investment is from over
20 countries and regions. Over 50 enterprises have been set up and put into operation
in Zhejiang Far East Industrial Park which is solely invested and developed by
Taiwan Business people. The Economic Development Zone, the Aid-the-Poor Economic
Development Zone and sixteen township industrial parks are improving themselves
for absorbing more foreign investment and achieving a greater success.
Trade & Economic Cooperation Commission
No. 111, South Binjiang Road, Yuyao, P.R.C.
Yuyao Economic Development Zone
Economic Development zone was set up in 1992, and approved as provincial development
zone by Zhejiang Provincial Government. According to the general program, the
development zone covers an area of 7.02 sq.km and has two subdistricts which are
located in the south and west of Yuyao. There are High & New Technical Industry
Park and Zhejiang Far East Industry Park in the zone. Presently, the development
area reaches 4 sq.km with 635 million RMB of investment in infrastructure.
The favorable investment environment, convenient transportation, advanced
telecommunication, rich resources of land, labor and water & power supply
ensures a prosperous future for the zone. It is equipped with complete infrastructure
and service organizations, such as thermo-power plant, water plant, program controlled
telephone module bureau, customs, commodities inspection, bonded warehouse and
banks, etc. The administration committee has the authority of approving the foreign
invested project whose total investment is lower than 20 million USD. The Business
Promotion Center of the zone provides "one-stop service"(free of charge)
for foreign investment affairs. The zone has become a hot land for southeast Asian
investors. Up to now, a total of 380 projects have been approved with a total
investment of 3.75 billion RMB of which foreign invested enterprises are 121 with
total investment of 289 million USD, contractual foreign-investment of 141 million
USD and actual utilization of foreign investment of 76.56 million USD. In 2000,
the total industry output value in the zone hit 3.32 billion RMB, export volume
11.7 million RMB and profit 251 million RMB. Yuyao Economic Development Zone has
grown into one of the top 5 provincial development zones in Zhejiang province.
The favorable investment environment, preferential policies and excellent
service offered by the zone will benefit all investors. We sincerely welcome you
to the zone for inspection and investment.
Economic Development Zone Administration Committee of Zhejiang Province
Add.: No. 189 Chang An Road, Yuyao, Ningbo, P.R.C.
Post Code: 315400
Fax : 86-574-62816998
Yuyao Aid-the-Poor Economic Development Zone of Zhejiang
provincial grade Yuyao Aid-the-poor Economic Development Zone is located in the
southern suburb of Yuyao proper, on both sides of Yuyao's entrance to Shanghai-Hangzhou-Ningbo
Expressway and with a planning area of 7 sq.km. At present an area of 2.5 sq.km
has been developed and 250 enterprises have been set up to from the eight major
industries of machinery, plastics, hardware, building materials, chemical products,
textiles, electronics and instruments. The products are sold both at home and
development zone has convenient transportation facilities with favorable geographic
location and infrastructure. It is 2 Km away from the city center and the entrance
to the expressway is located nearby. The holiday village of the Siming Lake and
the scenic spot of Lianghui Reservoir are picturesque and not far away. The electric
power is supplied by East China Grand Power Network through Yuyao's urban lines
so as to meet the enterprises' need. The program-control telephones are connected
both domestically and internationally . The water in the zone is able to meet
the needs for both production and living purposes inside the zone, which has the
greening areas. The zone provides satisfactory services and administration. It
is an ideal place for both domestic and overseas investors.
The development zone has the land for transfer at a low price and the standard
factory building for rent and sell. The enterprises in the zone may enjoy the
special preferential policy of the development zone. The administrative committee
is responsible for handling all the approval procedures for setting up the enterprise
and provides a succession of efficient services. The departments of taxation,
industry and commerce, public security, customs, commodity inspection, banks and
others will provide the direct service to the various enterprises in the zone.
The high investment return and profit for the enterprises in Yuyao Aid-the-Poor
Economic Development Zone are foreseeable. The administrative committee earnestly
welcomes the inspection and investment of the business people from both at home
and abroad for joint creation of a better future.
The Administrative Committee of Yuyao Aid-the-Poor Economic
Development Zone of Zhejiang
Add.: No.348 Nanlei Road, Yuyao, Ningbo, P.R.C.
The Tenth Five-Year Plan of Yuyao
the end of Tenth Five-Year period the major objectives of the national economy
and social development of Yuyao City are as follows:
--- Keep rapid economic
growth. The GDP, with an annual increase of 10%, will reach RMB 24 billion as
per the calculation of the price in the Year 2000 and the GDP per person about
--- Optimize and upgrade the industrial structure. The effective
agriculture will obtain obvious results, the industrial advantages continue to
be enhanced and the proportion of the service sector continue to be increased.
The structure of the three industries will be adjusted to 9:61:30.
urbanization will become more obvious. The population at the central city will
reach about 250,000, the constructed area over 30 square kilometers and the urbbanization
50%. The proportion of the labor force in the non-agricultural sector will be
about 70% of the total employment of the city.
--- The reform and opening
up to the outside world has brought about new advantages. The export delivery
rate of the city will be over RMB 20 billion, the self-operated export volume
over USD 700 million and the actual utilization of the foreign investment for
the total five years about USD 300 million.
--- The creative ability in science
and technology will be improved considerably. The proportion of the new and high-tech
industry to the total industry will be over 20% and the proportion of various
professional and technical personnel to the total population over 4%.
The people will be living in a better way.The income of the average town and rural
residents will increase by 5% annually and Engel factor will drop to about 0.4.
--- An all-round progress will be made in the city.The enrolment ratio to the
education of higher learning will reach 20%; The total population of the city
will be controlled around 840,000; The forest coverage be 47% and the total volume
of pullutant discharge drop by 10%.