Investment Environment Assessment Report of Rizhao City
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Investment Environment Assessment Report of Rizhao City China Rizhao Contents 1 Overview of 02 Rizhao City 2 Investment 15 Advantages of Rizhao City 3 Voice of 38 Investors 4 Key Investment 50 Information 5 Appendix 55 © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 1 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 2 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City City Overview Origin of the Geographical Area and Jurisdiction Name Location Population Rizhao got its name Located in the central Land area: It has jurisdiction over “Oriental Sun City” coastal areas of 5,359 square kilometers Donggang District, Lanshan because “the first Chinese mainland, it is Sea area: District, Ju County, Wulian ray of sunlight” seated in the southeast 6,000 square kilometers County, and additionally shines on this city and of Shandong Province, Coastline: sets up three agencies of it is a new coastal the shore of the Yellow 168.5 kilometers long the municipal government, open city, port city Sea and the southeast Population: namely Rizhao Economic- and tourist city. flank of the Shandong 2,959,500 (by the end Technological Development Peninsula, and faces of 2015) Area (National Level), Japan and the ROK Shanhaitian Tourist Resort, across the Yellow Sea Rizhao International Ocean in the east. City. Rizhao City is located in the central coastal Rizhao City is located in the southern areas of Chinese mainland flank of the Shandong Peninsula Shandong Rizhao City Province Rizhao City Administration Zone Map of Rizhao City Rizhao City © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 3 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City City Card City Card • The Eastern Bridgehead of New Eurasian Land Bridge • The Winner of the UN-Habitat Scroll of Honor Award Rizhao won the UN-Habitat Scroll of Honor Award • The Winner of Top 100 Investment Environment Cities in China • The Chinese Outstanding Tourism City • The Winner of the China Habitat Environment Prize • The Winner of the Scientific Development and Innovation Prize for Chinese Cities • The Winner of Chinese Top Ten Green Cities The black pottery of Rizhao has a history of more than • The National Sustainable Development 5,000 years Experimental Zone • The National Sanitary City • The National Environmental Protection Model City • The National Garden City • The National Model Green City Rizhao is the hometown of Mr. • The Chinese Financial Ecological City Samuel Chao Chung Ting, the Nobel Prize winner • The Capital of Water Sports • The Winner of the World Clean Energy Awards • The National Cold-Chain Logistics Development Demonstration City • The Cross-Border Electronic Commerce Comprehensive Experimental Area at the Provincial Level Rizhao is the main birthplace of “Longshan culture” © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 4 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City Macro economy – Economic aggregate grows steadily, industrial structure is optimized obviously, and service and high-tech industries develop rapidly Economic aggregate grows steadily In 2015, the gross regional domestic product in Rizhao City reached 167.08 billion yuan; during the 12th Five-Year Plan period, the average annual Unit: 100 million GDP growth reached 8.31%, ranking the forefront of 1800 Shandong Province. In 2015, the gross regional domestic product per 1600 capita in Rizhao City reached 58,110 yuan and was converted to 9,330 US dollars based on the annual 1400 average exchange rate, up 6.9% over the previous year, 1.58 times the figure at the end of the 11th 1200 Five-Year Plan, an average annual growth of 9.6%. 1000 2011 2012 2013 2014 2015 Source: Rizhao Bureau of Statistics Industrial structure is optimized obviously During the 12th Five-Year Plan period, the city’s thre e industries ratio was adjusted to 8.4:48.7:42.9 from 9.2:54.4:36.4, with a development trend toward the t Rizhao Industrial ertiary industry development from the primary and se condary industries. Structure Changes - Agricultural production remains stable. In 2015, t Unit: % he city’s total output value of agriculture, forestry, ani 8.4 mal husbandry and fishery reached 25.629 billion yu an, an increase of 4.3% from a year earlier. Among t 9.2 hem, the characteristic agriculture has achieved new 42.9 36.4 results, the ecological construction of the forestry has 2011 2015 been accelerated and the agricultural production con ditions have been improved. 54.4 48.7 - Industrial production ran smoothly and transfor mation and upgrading were promoted steadily. At the end of 2015, the number of the city’s industrial en terprises above designated size was 624 and the city achieved 58.69 billion yuan of industrial added value Primary Industry Secondary Industry s above designated size, an increase of 8.43%. Signi Teritary Industry ficant achievements were made in scientific and tech nological innovation and the proportion of high-tech i Source: Rizhao Bureau of Statistics ndustry output values to the industrial output values above designated size increased by 1.14 percentage points over the previous year. - The service industry develops rapidly. Tourism, modern logistics, finance and so on developed with a sound momentum, and the breakthrough developme nt of exhibition economy, e-commerce, commerce an d trade, catering, education and training, health care, services for the aged and so on was achieved. © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 5 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City Macro economy – The investment in fixed assets becomes increasingly active and investment structure is continuously optimized Rizhao City has witnessed a steady rise in the investment in fixed assets In 2015, the investment in fixed assets of Rizhao City reached 140.781 billion yuan, an Rizhao’s GDP during 2011-2015 increase of 14% from a year earlier; during the 12th Five-Year Plan period, the cumulative Unit:: 100 million investment in fixed assets reached 551.468 billion yuan, an average annual growth of 1800 18.6%. In 2015, the number of construction projects of 1600 the investment in fixed assets of Rizhao City was 1,935. Among them, there were 1,429 1400 new projects, and 97.746 billion yuan was invested; there were 288 investment projects 1200 worth more than 100 million yuan, and 59.598 billion yuan was invested; there were 5 1000 provincial key projects, and 4.29 billion yuan 2011 2012 2013 2014 2015 was invested. Source: Rizhao Bureau of Statistics Investment structure is continuously optimized Rizhao Industrial Investment Ratio The investment focus gradually shifts from the secondary industry to the tertiary During 2011-2015 Unit:% industry. The investment ratio of the primary, 2015 2.5 secondary and tertiary industries in Rizhao 40 57.5 City changed from 2.3: 43.3: 54.4 in 2011 to 2014 1.7 41 57.3 2.5: 40.0: 57.5 in 2015 and the investment proportion of the tertiary industry continued to 2013 3.2 40.6 56.2 increase. 2012 3.7 42.1 54.2 The high-tech industry investment increases significantly. During the 12th Five- 2011 2.3 43.3 54.4 Year Plan period, Rizhao City’s investment in high-tech industry increased from 5.662 billion 0% 20% 40% 60% 80% 100% yuan to 8.493 billion yuan, an average annual Primary Industry Secondary Industry increase of 8.4%, accounting for 6.0% of the total investment in fixed assets. Tertiary Industry Source: Rizhao Bureau of Statistics © 2017 KPMG Advisory(China) Limited, a wholly foreign owned enterprise in China and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative("KPMG 6 International"), a Swiss entity. All rights reserved. 01 Overview of Rizhao City Macro economy – The consumer market and the resident income grow steadily The consumer market grows steadily In 2015, the total retail sales of social consumer goods in Rizhao City achieved 60.387 billion yuan, an increase of 23.843 billion yuan over 2011, and during the 12th Five-Year Plan period, an average annual growth was 13.38%. From the consumption of urban and rural residents, in 2015, urban retail sales reached 48.852 billion yuan, an increase of 10.1%; rural retail sales reached 11.536 billion yuan, an increase of 10.9%. From the consumption patterns, retail sales reached 55.765 billion yuan in 2015, an increase of 22.053 billion yuan in 2011; food income reached 4.623 billion yuan, an increase of 1.791 billion yuan over 2011. The income of urban and rural residents grows steadily Per capita disposable income of the city residents was 19,547 yuan, an increase of 9.1%, and after deducting price factors, the actual growth was 7.8%. Rizhao