Yancheng Environmental Science and Technology City
Total Page:16
File Type:pdf, Size:1020Kb
Research Report on the Investment Environment of Yancheng Environmental Science and Technology City About Deloitte Global Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms. Deloitte provides audit, consulting, financial advisory, risk advisory, tax and related services to public and private clients spanning multiple industries. Deloitte serves four out of five Fortune Global 500® companies through a globally connected network of member firms in more than 150 countries bringing world-class capabilities, insights, and high-quality service to address clients’ most complex business challenges. To learn more about how Deloitte’s approximately 244,400 professionals make an impact that matters, please connect with us on Facebook, LinkedIn, or Twitter. About Deloitte China The Deloitte brand first came to China in 1917 when a Deloitte office was opened in Shanghai. Now the Deloitte China network of firms, backed by the global Deloitte network, deliver a full range of audit, consulting, financial advisory, risk advisory and tax services to local, multinational and growth enterprise clients in China. We have considerable experience in China and have been a significant contributor to the development of China's accounting standards, taxation system and local professional accountants. To learn more about how Deloitte makes an impact that matters in the China marketplace, please connect with our Deloitte China social media platforms via www2.deloitte.com/cn/en/social-media. This communication is for internal distribution and use only among personnel of Deloitte Touche Tohmatsu Limited, its member firms, and their related entities (collectively, the "Deloitte Network"). None of the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. All information concerning Yancheng Environmental Science and Technology City (YCESTC) quoted in this Report is provided by competent authorities of YCESTC based on data available as of August 2017. Apart from images copied from the Deloitte photo gallery, the use of images herein is authorized by the said competent authorities. © 2018. For information, contact Deloitte China. ▶ Preface ▶ Table of Contents In recent years, environmental protection has been high on • Benchmark-setting practices for the industry: With ma- the agenda in China. A series of policies and measures have jor research projects such as the “National Action Plan been put in place, including the action plans for prevention for the Blue Sky Project”, YCESTC aims to integrate the and control of air, water and soil pollution, mapping out a technology innovation with industry value-added chains, Chapter I Overview of YCESTC ................................................................................ 3 comprehensive strategy for environmental protection. As to spearhead the development of environmental protec- envisioned in the Development Plan for the Energy-Saving tion businesses in China. th and Environmental Protection Industry during the 13 Five- At a time of new opportunities, Deloitte China (hereinafter Year Plan Period, by 2020, China will have 20 agglomeration “Deloitte” or “we”) is honored with the request from the Chapter II Business Environment ..........................................................................12 zones for the energy-saving and environmental protection Committee of YCESTC to develop this Research Report on industry, each as a key driving force in the regional indus- the Investment Environment of the Yancheng Environmen- try development with strong supporting capabilities and tal Science and Technology City for investors from an objec- high-quality services. In 2016, the National Development tive third-party perspective using specialized research and Chapter III Government Policies and Services .....................................................19 and Reform Commission of China (NDRC) proposed to “help analysis methodologies. nurture, by 2020, more than 50 companies specializing Based on the views and insights obtained through surveys in environmental protection with annual output value ex- and interviews with the YCESTC-based companies and their ceeding RMB 10 billion”. A new era has begun for the devel- management, the Report uses qualitative and quantitative ap- opment of China’s environmental protection industry and proaches to present a comprehensive overview of the follow- Chapter IV Infrastructure .......................................................................................27 relevant industry parks. ing five dimensions of the investment environment in YCESTC Yancheng Environmental Science and Technology City from the perspectives of importance and satisfaction: (YCESTC) is located in a beautiful city in eastern China, • Business environment known as the “oriental paradise of wetlands and home • Government policies and services Chapter V Human Resources ���������������������������������������������������������������������������������34 to wild elk and red-crowned cranes”. Established in 2009, • Infrastructure YCESTC is the first environmental protection industry ag- • Human resources glomeration zone in China. Built on its unique strengths in • Living environment environmental businesses, YCESTC strives to facilitate the The Report also analyzes the development planning of integration of major industry resources to develop itself Chapter VI Living Environment �����������������������������������������������������������������������������39 YCESTC and featured services provided by competent au- into a major industry base featuring energy-saving and thorities, presenting insights into its advantages in invest- environmental protection in Yancheng, and even China. In ment environment and development prospects, specifically: this way, it aims to nurture a new pillar industry worth RMB hundreds of billions for the city that will transform local de- • Practical and readily-available government services Chapter VII Summary and Vision ..........................................................................45 velopment landscape. • An enabling environment for industry development that After years of relentless efforts, YCESTC has established drives growth and innovation an integrated industry platform, with focus on air pollution • Favorable geographic and ecological conditions control, water treatment, solid waste utilization, and new In the time of China’s economic transformation and upgrad- Appendix ...................................................................................................................48 materials, featuring the following advantages: ing, and with the implementation of the national industry • A distinct clustering of businesses: YCESTC is now home development strategies, YCESTC has become a unique and to over 100 established companies specializing in envi- competitive base for the environmental protection industry, ronmental protection from China and around the world, and a magnet for investors from across the world. among which are some leading players in the industry; • Excellent research and development capabilities for core technologies: YCESTC maintains close partnerships with dozens of major research centers and institutions at home and abroad, represented by the Institute of Pro- cess Engineering of Chinese Academy of Sciences. ▶ Overview of City Chapter I Overview of Yancheng Environmental Science and Technology City The Yangtze River Delta (YRD), China’s major engine Historically a hub of salt production, Yancheng is the only for driving its international competitiveness prefecture-level city named after salt (“Yan” in Chinese) in Encompassing Shanghai Municipality, Jiangsu, Zhejiang and China. It is also the biggest prefecture-level city in Jiangsu, Anhui Provinces, YRD is among the most economically dy- with the longest coastline, and the largest sea area and namic, innovative and inclusive regions in China, with one mudflat area, which continues to expand at 2,000 hectares of the most significant influxes of migrants. It is known as a year, in the province. Abundant in natural resources, China’s major powerhouse for growth and international Yancheng is known as the city of fish, rice and rivers. competitiveness. During the 12th Five-Year Plan period (2011-2015), Yancheng Jiangsu Province, the most economically has enjoyed a steady economic growth. In 2016, its GDP competitive province in China reached RMB 457.60 billion, an increase of 11.1% over Located across the sea from Kyushu, Japan and the Jeju 2015; the per capita GDP reached RMB 63,277, 11.4% high- Island, South Korea, Jiangsu Province is in the north of the er than the last year. In recent years, Yancheng has been YRD region with Yangtze River and Huaihe River flowing optimizing its industry structure with improved develop- across it. As of 2016, it has been among the TOP 3 provinc- ment patterns. In 2016, the ratio of value added of prima- es in China in terms of the per capita GDP, overall econom- ry-secondary-tertiary industries changed to 12.3:45.7:42 ic competitiveness, and the Development and Life Index. All from 12.3:45.7:42 in 2015. of