NAME OF AREA/ZONE

Shanghai Caohejing Hi-tech Park
CRITERIA state level
Administration Shanghai Caohejing Hi-tech Park Development Corp.
Name of contact person Claire J. Zhou
Telephone 021-64859900, 64850710
Fax 021-64851906
Mobile  
E-mail chip@siit.intnet.com.cn; clairezj@public9.sta.net.cn
Homepage/link to: http://shtp.intnet.com.cn
Address 509 Cao Bao Road, Shanghai
Postcode 200233
   
Environment of location:  
Town/Province Shanghai
Population (mio.) 14 million
Next airport (km) Hongqiao Airport 7km, Pudong Airport 40 Km
Next harbour Longwu 12 km, Wu Song (Oceanliners) 30 km
Railway Shanghai Railway Station(14km), South Shanghai Railway Station(7km), Elevated Railway(2km)
Roads 3km from inner ring-road system
Basic Information  
Type of zone Hi-tech Park, state level
Customs Shanghai Customs Caohejing Branch available
GDP (bn RMB) 15
sqkm of area planned 6 sqkm
sqm of area developped til 99 nearly 6sqkm
owner  
Investment Structure  
No. of companies settled nearly 800
German companies e.g. Beiersdorff (Tesa tape)
International companies e.g. GE, 3M, Lucent, Tyco, Raychem, AMP, Air Liquide etc
Most important industries IT, Biochemistry, New material
Target investment industries IT, Biochemistry, New material
   
Investment Costs  
Income tax from profit making year 0/0/7.5/7.5/7.5% in the first 5 Years, then 15 %
VAT situation 17% (25% local, 75% state)
   
Required ratio green /building surface 30%
Land: Purchasing price for 50y limited land available (US$162/sqm)
Land: Rent  
Industrial Buildings and Warehouse: Purchasing price 3200~3800RMB/sqm
Industrial Buildings and Warehouse: Leasing 1.1~1.5RMB/sqm/day
   
Offices: Purchasing price nil
Offices: Rent 0.2~0.3USD/sqm/day
Appartments: Purchasing price nearly 8000~15000RMB/sqm
Appartments: Rent nearly 2000~3000USD/month around Cao Hejing Park
Construction costs: multi-storey               
one storey
 
Standardbuilding available nearly 20000sqm
Supply  
Water: max. amount 1M3/hour
Water: pressure for daily use
Cost of water supply to the Industrial sector Application fee: 10yuan/m2; 1.1 RMB/m3
Electricity (KVA) From Southern City Power Station
Cost of electricity supply to the Industrial sector 360yuan/KVA(below 100KVA), 720yuan/KVA(100~150KVA)
Heat/Steam nil
Gas: amount 6M3/hour
Cost of gas supply to the Industrial sector application fee: 450yuan/m3; 2.3-2.6 RMB/m3
Telecommunication: number of lines possible; IDD 10~20lines
Telecommunication: cost of phone line 1000yuan/line application fee
Telecommunication: cost of fax line same
Drainage of rain water calculated as 90% of water use,0.45yuan/m3
Drainage of waste water calculated as 90% of water use
Additional costs  
Sourcing  
Availability of skilled workers 20 colleges and 100 research institutes around
Average employee wages level (RMB/month)  
worker 500-1200
skilled personnel 1000-2500
secretary 1200-2500
technician 1500-3000
manager 2000-20000
engineer 2000-5000
univ. graduate 1500-2500
   
Social Insurance and health insurance 50.5%/4.5%
Unemployment insurance 1%