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Hangzhou Bay Shangyu Economic and Technological Development Area Research Report on Investment Bengbu Taizhou the Geographic Position of Shangyu Fuyang Yangzhou

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Hangzhou Bay Shangyu Economic and Technological Development Area Research Report on Investment Bengbu Taizhou the Geographic Position of Shangyu Fuyang Yangzhou Hangzhou Bay Shangyu Economic and Technological Development Area Research Report on Investment Bengbu Taizhou The geographic position of Shangyu Fuyang Yangzhou Huainan Zhenjiang Nanjing Nantong Chuzhou Hefei Changzhou Wuxi Maanshan Shanghai Suzhou SHANGHAI Pudong International Airport Liuan Wuhu Huzhou Jiaxing East Tongling Xuancheng Haining China Leather City Hangzhou Bay Hangzhou Bay Shangyu Economic Hangzhou Xiaoshan International Airport and Technological Development Area Zhoushan the Yangtse RiverChizhou Hangzhou China Plastics City Beilun port China Anqing China Light & Textile Industrial City Shaoxing Shangyu Ningbo Ningbo Lishe International Airport Sea Huangshan City Thousand island lake China Commodity City Jiujiang Jinhua Qu River Jingdezhen China Hardware City Taizhou Quzhou Lishui Nanchang Shangrao Wenzhou Yingtan Bengbu Taizhou The geographic position of Shangyu Fuyang Yangzhou Huainan Zhenjiang Nanjing Nantong Chuzhou Hefei Changzhou Wuxi Maanshan Shanghai Suzhou SHANGHAI Pudong International Airport Liuan Wuhu Huzhou Jiaxing East Tongling Xuancheng Haining China Leather City Hangzhou Bay Hangzhou Bay Shangyu Economic Hangzhou Xiaoshan International Airport and Technological Development Area Zhoushan the Yangtse RiverChizhou Hangzhou China Plastics City Beilun port China Anqing China Light & Textile Industrial City Shaoxing Shangyu Ningbo Ningbo Lishe International Airport Sea Huangshan City Thousand island lake China Commodity City Jiujiang Jinhua Qu River Jingdezhen China Hardware City Taizhou Quzhou Lishui Nanchang Shangrao Wenzhou Yingtan Preface Shangyu is a beautiful historic city located on the south band 1. Clear geographical advantages and strong of Hangzhou Bay and the southern part of the Yangtze River transportation network Delta. The city has earned the title of “hometown of civil The Hangzhou Bay Shangyu Economic and Technological arts, hometown of buildings and hometown of eco-friendly Development Area is located in the south band of the Yangtze travel”, thanks to its beautiful scenes and deep cultural legacy. River Delta Region, and is a transportation hub that connects The national-level Hangzhou Bay Shangyu Economic and the southeast district of Zhejiang and Shanghai, endowed with Technological Development Area (HSEDA) is located here. significant geographical advantages. Over recent years, the After about 10 years of development, the HSEDA has realized transportation network surrounding the Development Area rapid economic growth and achieved significant economy of has continued to be upgraded. The completion of the Jiaxing- scale. The Development Area enjoys remarkable advantages Shaoxing River-Crossing Bridge and the inception of operation and a promising outlook in terms of the geographical position, of the Hangzhou-Ningbo High-Speed Railway has shortened the economic base and residential environment. travel time between the Development Area and the neighboring major cities and has made the Development Area part of Shanghai Deloitte Tax Ltd. (Hereinafter referred to as “Deloitte” the core district of the Yangtze River Delta Region featuring or “we”) is honored to be commissioned by the Hangzhou superior resources, greatly promoting the flow of people, cargo, Bay Shangyu Economic and Technological Development Area information and capital. to provide an investment environment research report on the Development Area to investors from an objective third-party 2. Solid industrial foundation and vibrant private economy perspective and through a professional analysis method. Shangyu is located in Zhejiang, the hometown of China's The report is based on Deloitte's on-site inspection, survey and private economy, and thus has a solid foundation of private interview on about 100 companies that establish footholds economy. Founded in 1998, the Hangzhou Bay Shangyu in the Hangzhou Bay Shangyu Economic and Technological Economic and Technological Development Area has established Development Area. The analysis is both qualitative and a complete industry system and is striving to build many quantitative and focuses on importance and satisfaction, and advantageous industrial clusters. Shangyu is in the top county uses the following five dimensions to systematically reflect the level city list issued by Forbes in 2013. investment environment of Hangzhou Bay Shangyu Economic and Technological Development Area: 3. Industrial transition and upgrading, with • Government policies and services promising outlook The solid advantageous traditional industry is the foundation • Business environment of the industrial transition and upgrading in the Hangzhou Bay • Human resource Shangyu Economic and Technological Development Area. Over • Infrastructure recent years, the HSEDA has been committed to the transition and upgrading of industries and the building of an emerging industrial • Residential environment system. Leveraging the formation of a series of supportive policies In light of our planning for the Hangzhou Bay Shangyu and scientific planning of the Area and vehicles, the HSEDA has Economic and Technological Development Area with our achieved rapid inflow of emerging industries. In the meanwhile, interpretation of the investment policies, the report reflects top quality companies in the area have continued to join in cross the Development Area's advantages and outlook, highlighting border merger and acquisition activities, which generate many the following three aspects: growth opportunities. In the future, the HSEDA will become a flourishing place for industry and city integration. Content 1. Overview of Hangzhou Bay Shangyu Economic and Technological Development Area 2 2. Government Policies and Services 11 3. Business Cooperation Environment 19 4. Infrastructure 27 5. Human Resources 32 6. Residential Environment 40 Summary 46 Appendix 47 Research Report on Investment Environment of Hangzhou Bay Shangyu Economic and Technological Development Area 1 1.1 Brief introduction to Shangyu 1. Overview of Hangzhou 1.2 Economic Development Bay Shangyu Economic 1.3 Foreign Investment 1.4 Hangzhou Bay Shangyu Economic and Technological Development Area and Technological 1.4.1 Building and planning of Development Area Development Area 1.4.2 Industry transitioning and upgrading 1.4.3 Examples for industry transitioning and upgrading 2 1.1 Brief introduction to Shangyu Yangtze River Delta, China's window to the world Shangyu, southeast Zhejiang's entry point to Yangtze Yangtze River Delta covers Shanghai, Zhejiang and Jiangsu, and River Delta is one of the core economic areas of China, as well as China's The Shangyu District in Shaoxing is located in southeast window to the world. Yangtze River Delta is a 2-hour economic Zhejiang and south of Hangzhou Bay, with a total coverage of circle and a world-class city cluster with a noticeable city 1403 square kilometers and a population of about 780,000. The synergy effect. district has a long history and a rich cultural legacy. The urban district runs along mountains and rivers, boasting beautiful Zhejiang, the hometown of China's private economy scenes. Along with the completion of the Jiaxing - Shaoxing Zhejiang is located in the south of the Yangtze River Delta, and River-Crossing Bridge and the Hangzhou-Ningbo High-Speed the belt connecting east China and south China. Zhejiang has Railway, Shangyu has become southeast Zhejiang's portal into long been deemed as a rich land flowing with milk and honey. the Yangtze River Delta, holding a significant strategic position. Since China's reform and opening, Zhejiang's economy has Since China's reform and opening up, Shangyu District has been driven by the strong development of the private economy, established a solid industrial foundation and private economic and has been one of the most vibrant provinces in China. base after about 30 years of development. Its industry system Businessmen from Zhejiang has gone all over the world. As of comprises mechanical equipment, fine chemicals, light industry the end of 2013, the per capita disposable income in Zhejiang and textile, lighting equipment, photovoltaic and green energy, has ranked No.1 in China for 21 consecutive years. with a complete industry chain and a clear benefit of scale. Such is the location of the national-level Hangzhou Bay Shangyu Economic and Technological Development Area. Research Report on Investment Environment of Hangzhou Bay Shangyu Economic and Technological Development Area 3 1.1 Stepping into Shangyu (Continued) Jiaxing - Shaoxing River-Crossing Bridge, a new economic episode for Shangyu The completion of the Shangyu Sea-Crossing Bridge will greatly In 2013, the world-class Jiaxing - Shaoxing River- shorten Shangyu's distance from Shanghai and is of importance Crossing Bridge was completed. As a new north- to Zhejiang's strategy of integrating into the mega Shanghai south gate for Hangzhou Bay, the bridge is able to connect many expressways around Shangyu, and circle and Yangtze River Delta. The bridge will create favorable connect them into a convenient transportation conditions for the integration of industrial Development Areas in network, which has significantly reduced the Hangzhou Bay District as well as the development of the golden commuting distance between the two bands of Hangzhou Bay. south band of the Yangtze River Delta. Shangyu has thus become a hub connecting Shanghai and southeast Zhejiang in the Yangtze —Xi Jinping River Delta city cluster, and the city's geographical President of the People's Republic of China advantage has jumped forward.
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