NAME OF AREA/ZONE

Nanjing Economic &Technical Development Zone (NETDZ)
CRITERIA  
Administration The Administrative Committee of NETDZ
Name of contact person  
Telephone +86-25-556 30 25
Fax +86-25-556 34 57
Mobile  
E-mail NJXGZONE@public1.ptt.js.cn
Homepage/link to:  
Address Xinshengwei, Nanjing, Jiangsu
Postcode 210038
   
Environment of location:  
Town/Province Nanjing, Jiangsu
Population (mio.) 02. Aug
Next airport (km) Nanjing Lukou International Airport: approx. 50 km ( 40 Min.)
Next harbour Nanjing Port (over 30 regular container shipping lines directly to Hong Kong, Japan, Korea, etc.), Shanghai Port 3-4h
Railway North Ring Railway around Nanjing enters NETDZ, 5km to Hub Yaohuamen Station, leading to Shanghai (2:50h), Tianjin, Anhui and Jiangxi
Roads Freeway to Shanghai (approx.3h) 12 km, 312 National Highway(8km) to Nantong, Yancheng,Lianyungang (Port), Hefei (Anhui Province), further roads planned
Basic Information  
Type of zone Municipal Level
Customs Yes, bondes warehouse
GDP (bn RMB)  
sqkm of area planned 9.73
sqm of area developped til 99  
owner Municipality Nanjing
Investment Structure  
No. of companies settled  
German companies e.g. Former Hoechst Group
International companies e.g. Sharp, Marubeni, Itochu, Fujikura, Philips, LG (Taiwan), A.O.Smith (USA), Bao Shan Steel
Most important industries Electronics, Chemicals, Steel, Petrochemicals
Target investment industries Electronics, light industries, machinery, textile, household electric appliances, non-polluting fine chemicals, vehicals, laser and other high-tech processing projects, High grade food and cosmetics, famous brand garment processing, new materials, energy-saving products, biotechnology, "three wastes" treatment technology and products, etc.
   
Investment Costs  
Income tax from profit making year 0/0/7.5/7.5/7.5, then 15%, if reinvested preferentials; no local income tax
VAT situation Productive foreign invested enterprises in NETDZ are granted an exemption from tariff and value-added tax on their raw materials and spare parts used for producing export products, except the products specified by the state otherwise
   
Required ratio green /building surface  
Land: Purchasing price for 50y 240-420 RMB/sqm
Land: Rent  
Industrial Buildings and Warehouse: Purchasing price 1450 RMB/sqm (by floor: 1300-1600 RMB/sqm
Industrial Buildings and Warehouse: Leasing 160-200 RMB/sqm/year
   
Offices: Purchasing price  
Offices: Rent  
Appartments: Purchasing price  
Appartments: Rent  
Construction costs: multi-storey               
one storey
 
Standardbuilding available yes
Supply  
Water: max. amount 50000 t daily
Water: pressure  
Cost of water supply to the Industrial sector 1.3 RMB/m3 (including fee for water drainage), seasons difference is 0.05 RMB/m3, Charge for increased capacity: 600 RMB
Electricity (KVA) Connected to Electricity Network of East China: 3 x 35KV amd 1 x 110KV Substations in the Zone
Cost of electricity supply to the Industrial sector 0.83-0.93 RMB/kWh, Charge for increased capacity:550 RMB/KVA for 220/380 Volt; 450 RMB/KVA for 10KV, 330RMB/KVA for 35KV
Heat/Steam Three thermal power plants located around NETDZ
Gas: amount Liquefied petroleum gas station
Cost of gas supply to the Industrial sector 3600-4400 RMB/ton for liquefied gas
Telecommunication: number of lines possible; IDD Program controlled telephone network with 1000 entries, further lines planned
Telecommunication: cost of phone line 5000 RMB/Phone Number
Telecommunication: cost of fax line  
Drainage of rain water Discharges separately
Drainage of waste water Discharges separately; sewage treatment plant with daily capacity of 20000t , further 40000 t plant will be added; Sewage through treatment plant: 1.2 RMB/m3
Additional costs Investment Consulting Center: RMB 6000 for Whole Agent: Drawing up and handling procedures for reviewing and approving project proposals, feasibility study report, contract and articles of association of the company. Checking the name of the company, going through environmental protection formality, obtaining "The approval certificate of the foreign funded enterprise", handling the industrial and commercial registration, getting business license, making the seals, enterprise code, opening accounts in the bank, tax registration, customs registration, public security registration, foreign exchange registration (excluding all kinds of registration fees and formality fees)
Sourcing  
Availability of skilled workers  
Average employee wages level (RMB/month) 800-1200
worker  
skilled personnel  
secretary  
technician  
manager  
engineer  
univ. graduate  
   
Social Insurance and health insurance pension insurance: 20% of the total amount of employees wages by enterprise and 4% by individual, 0.2-0.7% insurance of injury on the job, 0.8% birth insurance, 20% housing accumulation funds: 10% by enterprise, 10% by individual
Unemployment insurance 1%