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Tongxiang City, Zhejiang Province, China Research Report on the Investment Environment of Tongxiang City, Zhejiang Province 210mm 210mm Research Report on the Investment Environment of Tongxiang City, Zhejiang Province, China 297mm 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 management, 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 approxi- mately 244,400 professionals make an impact that matters, please connect with us on Facebook, LinkedIn, or Twitter. About Deloitte in Greater China We are one of the leading professional services providers with 24 offices in Beijing, Hong Kong, Shanghai, Taipei, Changsha, Chengdu, Chongqing, Dalian, Guangzhou, Hangzhou, Harbin, Hefei, Hsinchu, Jinan, Kaohsiung, Macau, Nanjing, Shenzhen, Suzhou, Taichung, Tainan, Tianjin, Wuhan and Xiamen in Greater China. We have nearly 13,500 people working on a collaborative basis to serve clients, subject to local applicable laws. 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 management 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 contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively the ″Deloitte Network″) is by means of this communication, rendering profes- sional advice or services. None of the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. The materials about Tongxiang City, Zhejiang Province contained in the Report were provided by competent authori- ties of Tongxiang based on the information available as of September 2016. All photographs contained in this Report are authorized for use by these competent authorities or sourced from the DTTC photo gallery. ©2016. For information, contact Deloitte China. Preface As noted in the ″Made in China 2025″, one of China′s materials to textile. The open business environment in national initiatives to improve manufacturing industry, the Tongxiang is attracting an increasing number of aspiring innovation-driven industrial transformation and upgrading entrepreneurs to pursue their business success in this is creating a new wave of growth opportunities in China. promised land of investment opportunities. During the 12th Five-Year Plan period (2011-2015), as a In the first year of the 13th Five-Year Plan period (2016- result of transition from ″Made in China″ to ″Innovated 2020), Tongxiang is capitalizing on new needs and in China″, the manufacturing industry of China is new opportunities, building on its advantages in local speeding up its integration with new-generation traditional industries and the ″Internet Plus″ related information technologies. Integrated application of business areas, to facilitate the intelligent, internet- new technologies, such as industrial internet, the based and service-oriented development of the cloud computing and big data, is increasingly prevalent manufacturing industry. With its aim to increase the throughout the manufacturing processes and across core competitiveness of its industries and build the local the industrial chain, marking a significant milestone in capacity for sustainable development, the city seeks to China′s development of advanced manufacturing. create a more open business environment to encourage Conveniently situated in China′s most economically vibrant entrepreneurship and innovation, and explore new region, the Yangtze River Delta, Tongxiang is a National Pilot growth engines for the regional economy. Area for Sustainable Development, and is recognized as At a time of new opportunities, Deloitte China (hereinafter one of the top tourist cities and most beautiful garden cities ″Deloitte″ or ″we″) is honored to issue this Research in the country, consistently ranking high among China′s top Report on the Investment Environment of Tongxiang 100 most developed counties and county-level cities. In City, Zhejiang Province for investors from an objective July 2016, Tongxiang ranked the 19th in the 2016 list of the third-party perspective using specialized research and ″Top 100 Economically Developed Counties and County- analysis methodologies. In addition to information and level Cities″. data on the economic and industrial development of Since the implementation of the 12th Five-Year Plan, Tongxiang, this report also includes views and insights Tongxiang, with its vision to become a smart, internet- obtained through interviews with various government based city, a vibrant cultural tourism destination, and a officials and companies management in the city, beautiful water city, has launched a series of initiatives, combined with Deloitte′s rich experience in the research including the action plans to accelerate industrial and of investment environment and industrial development. commercial growth, to build a picturesque livable water The Research Report aims to present a comprehensive city and to promote the development of city culture and overview of the investment environment in Tongxiang healthy and safe communities. By focusing its efforts on from the following five aspects: creating a new ecosystem for innovation with integrated • Government policies and services resources in talent, expertise, technology, management • Business environment and capital towards an optimized industrial structure, • Infrastructure the city has seen a boom of advanced manufacturing sectors, including new materials, new energy sources • Human resources and high-end equipment manufacturing, along with • Living environment the emergence of new industrial clusters represented This report aims to provide a practical reference for by a combination of modern services, such as tourism, your business investment and operations in China. We technology and information, cultural creativity, and are grateful for all attention and support given during modern logistics. the preparation of this Report from various government As the permanent host of the World Internet Conference departments in Tongxiang. Special appreciation is also (Wuzhen Summit), Tongxiang is actively taking advantage extended to Tongxiang Municipal Bureau of Commerce of the national ″Internet Plus″ initiative to accelerate the for providing and compiling necessary data and information and technology-based development of its information and arranging for interviews in the research local traditional industries, and has been designated as process, and to all companies participating in the in- a National Demonstration Area for In-depth Integration depth interviews for their insightful perspectives and of Information Technology and Industrial Development observations. and a Demonstration Area for Information Economy Development in Zhejiang Province. Located in northern Zhejiang and overlooking the sparkling Qiantang River, Tongxiang has long been a cradle of bold entrepreneurship, which has inspired local enterprises in the city to make a global presence, and many have become national leaders in over 20 specific industry segments ranging from new Taizhou N Yangzhou W E By high-speed railway S Shanghai Approx 30 min Tongxiang Zhenjiang Suzhou Approx 1h30min Tongxiang Nanjing Nantong Hangzhou Approx 20min Tongxiang Changzhou Ma’anshan By car Wuxi Shanghai Port Shanghai Approx 2h Tongxiang Suzhou Taihu Lake Suzhou Approx 2h Tongxiang Shanghai Hongqiao Hangzhou Approx 1h Tongxiang Airport Pudong Wuhu Jiaxing Airport Approx30min Tongxiang Jiaxing International Airport Airport Huzhou Luchao Port Xuancheng Tongxiang Jiaxing Port Yangshan DeepWater Port Hangzhou Beilun Port Cixi Xiaoshan International Airport Zhoushan Shaoxing Yuyao Huangshan Ningbo Zhuji Xiangshan Tongxiang Yiwu Table of Contents CHAPTER I Overview of Tongxiang City | 01 Basic Facts Local Economy CHAPTER II Government Policies and Services | 05 Transparent and Effective Government Policies Efficient Government Services CHAPTER III Business Environment | 09 Competitive Clusters of Specialized Industries Technological Innovation and Industry Application Priority Industry – Automobiles and Parts Priority Industry – New Materials and Industrial Application Priority Industry – Tourism and Internet CHAPTER IV Infrastructure | 20 Transportation
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