2013 Guangdong Investment Guide
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Preface energies and new materials. Guangdong Province is located in the southernmost part of the mainland Guangdong enjoys excellent investment environment, huge space for business China, facing the South China Sea and neighboring Hong Kong and Macau. As the development, complete infrastructures, transportations accessible in all directions, pioneering province since mainland China implemented the reform and opening- widely covering communication networks, high-efficient and smooth custom up policy, Guangdong has been actively participating in international economic clearance, large amount high-quality human resources, complete matching industries, cooperations and competitions in the past 30 years, with its economy maintaining standard financing system and property right transaction market. Along with the sustainable and rapid developments. In 2012, Guangdong’s GDP reached RMB signing and implementation of the cooperation frame agreements respectively 5,706.79 billion, which accounted for 1/9 of the national total and has been ranking among Guangdong, Hong Kong and Macau, the Great Pearl River Delta, as the No.1 of the whole country for 24 consecutive years; the total import and export world-class city cluster that holds relatively strong international competency, is value reached US$ 983.82 billion, which accounted for 1/4 of the national total under accelerated formation. There are 3 special economic zones (Shenzhen, Zhuhai and has been ranking No.1 of the whole country for 27 consecutive years. By far, and Shantou), 6 national economic and technological development zones, 9 national about 170,000 foreign invested enterprises have been approved to establish in hi-tech industrial development zones, 17 bonded logistics supervision areas/sites, 36 Guangdong, and Guangdong's enterprises have extended their foreign investments provincial industry relocation industrial parks, and a batch of provincial development and cooperations to over 100 countries and regions in the world. Guangdong has zones. Currently, the key efforts are made to the constructions of major cooperation already become one of regions in China with the robustest economic force, the most platforms including Guangzhou Nansha, Shenzhen Qianhai, Zhuhai Hengqin, Sino- dynamic and open economy. Singapore Guangzhou Knowledge City, Dongguan Taiwan Hi-tech Park and Foshan Guangdong owns a complete industrial system and world-class production, Sino-Germany Industrial Service Area, providing diverse platforms and carriers for processing and matching capability. Currently, 9 pillar industries of electronic widespread investors. information, electrical machinery, petrochemical, textile and garment, food and Today’s Guangdong is staying at the key stage of accelerating transformation beverage, construction material, papermaking, pharmacy and automobile have been and upgrading as well as constructing the Happy Guangdong. We shall firmly adhere established, shipbuilding, rail transport equipment, nuclear power equipment, wind to the policy of Reform and Opening-up as the road to build up strong national power equipment, general airplane and other advanced manufacturing industries strength, speed up strategic adjustment to economic structure, work hard to remain are under rapid developments, which form the advanced manufacturing industrial as the team leader of developing the socialism with Chinese characteristics, the system covering sea, land and air. Meanwhile, logistics, convention and exhibition, pioneering area for deepening reform & opening-up and the experimental zone for finance, information, tourism and other modern service industries are growing investigations in the scientific development mode, in order to achieve the objective of gloriously, and large-scale international exhibitions such as Canton Fair, China Hi- building moderately prosperous society & heading for basically realizing socialism tech Fair and China International Small & Medium Enterprises Fair are famous modernization. These will definitely bring more cooperations and developments home and abroad. The industrial development layout with dual-wheel driving of opportunities to widespread investors. advanced manufacturing industry and modern service industry has been initially We earnestly look forward to joining hands with investors from home and taken shape. During the Twelfth- FiveYear Plan period, Guangdong will emphasize abroad, and strengthening mutual benefit and cooperation for a beautiful tomorrow! cultivation & development of strategic newly developing industries such as high- end new-type electronic information, new-energy vehicle, LED lighting, biology, Department of Foreign Trade and Economic Cooperation of Guangdong Province high-end equipment manufacturing, energy saving & environmental protection, new May 2013 IV. Opportunities for investment 1. Construct six platforms /14 2. Broad prosects in fostering strategic newly emerging industry /15 3. Unlimited commercial opportunities in fostering services industry /16 V. Pivotal industries for promoting foreign Table of Contents investment in Guangdong province 1. Assign priority to the production-based services in modern service industry /17 2. Promote development of the advanced manufacturing industry /17 3. Emphasize development of the strategic newly-emerging industries /17 4. Pay high attention to transformation & upgrading of the traditional industries /18 I. Introduction on the province 5.Speed up cultivation & development of the new type of industries /18 1. Geographic location /4 6. Develope hi-tech industries /18 2. Climate environment /4 3. Administrative divisions & population /4 VI. Answers and solutions to the attentions and 4. History & culture /4 questions of foreign investors 5. Transportation /5 1. What are the procedures of application and approval on establishment of foreign invested enterprises? /19 II. Economic development 2. What kind of production and operational activities in which those companies with 1. Integrated economic strength staying ahead of peer provinces /6 foreign investments from foreign countries or regions are engaged within the territory 2. Optimization & upgrading of industrial structure /7 of China should go through commercial and industrial registrations? /20 3. Foreign trade leading the country /8 3. What kind of qualifications should those domestic-funded companies that are 4. Foreign investments under continuous development /9 reinvested by foreign invested companies meet? /21 5. Growing investments & operations at foreign countries /9 4. How can foreign invested companies transact the registration of tax? /21 5. What kind of materials should foreign-invested companies provide in transacting the III. Investment environment operation of foreign capital registration? /22 1. Sufficiently gathered production elements /10 2. Improving infrastructure /10 VII. Preferential policies for investment 3. Various types of parks/ zones in multiple functions /11 I.Policies on provincial basis /23 4. Efficient & convenient port custom clearance /11 II.Policies for the 6 platforms /24 5. Market capacity under continuous expansion /12 6. Complete investment service system /12 Appendix 7. Well-known large-scale exhibitions /13 I.Investment Cost /26 8. Comfortable & convenient habitat environment /13 II. Service Organizations /27 Guangdong Investment Guide I. Introduction on the province important treaty port of China and the starting point of the well-known Maritime Silk Road. Guangdong is characterized by its three main cultures of Cantonese, Chaozhou- 1. Geographic location Shantou and Hakka, which are of the features of tolerance, pragmatism, opening- Guangdong Province is located in the southernmost part of the Mainland up and innovation. In the new era, the Guangdong spirit is as follows: Generous in China, east to Fujian, north to Jiangxi & Hunan, west to Guangxi, southwest to Virtue, Sincere in Faith and Prompt in Action. Hainan and neighboring Hong Kong & Macau. It is the center of the southern China There are rich tourism resources as well. Danxia Landform in Shaoguan is and the Southeast Asia Economic Circle. enlisted into World Natural Heritages; Kaiping Watchtowers & Villages is enlisted It holds the land of 179,800km2, the coastline of 3368 km and the sea area of into World Cultural Heritage. In addition, its catering culture is so famous and as a 419,000km2. saying spreading in the domestic and oversea areas goes, “Dining in Guangzhou, Tasting in Chaozhou.” 2. Climate environment Guangdong also stands as a well-known hometown of oversea Chinese. There Guangdong, located at subtropical zone, is one of the zones with the richest are over 30 million Hong Kong and Macao compatriots, ethnic Chinsese and oversea sunlight, heat and water resources in the country. Four seasons throughout the year in Chinese whose origin ancestral home trace to the source in Guangdong, and they are Guangdong are warm and pleasant with the annual average temperature of 22.3oC; now living in more than 100 countries and regions. rainfall here is sufficient up to 1,300-2,500 mm for annual average. 5. Transportation 3. Administrative divisions & population Guangdong is the transportation hub of the South China, with advanced Guangdong, with Guangzhou as the capital, is joined by Guangzhou and network covering in all directions over the sea, land and air. There are shipping Shenzhen two cities at deputy provincial level and nineteen cities at district level. lines connecting to over 1,100 ports of over 130 countries and regions,