|
NAME OF AREA/ZONE |
Ningbo Free Trade Zone (NFTZ) |
| CRITERIA | |
| Administration | Administrative Committee of Ningbo Free Trade Zone |
| Name of contact person | Mr. Ji Jian Gang, Director |
| Telephone | +86-574-688 69 11, 688 01 39 |
| Fax | +86-574-689 65 43 |
| Mobile | +86-139 068 438 69 |
| jjg@nftz.gov.cn | |
| Homepage/link to: | www.nftz.com |
| Address | Free Trade Zone Mansion, Beilun, Ningbo |
| Postcode | 315800 |
| Environment of location: | |
| Town/Province | Ningbo, Zhejiang |
| Population (mio.) | 5.33 Mio. |
| Next airport (km) | Ningbo Airport 43km, international to Hongkong daily, Taiwan,Japan |
| Next harbour | Ningbo (Beilun) port = "Oriental Rotterdam" (East China Sea) integrated: Beilun Port = one of 4 largest deepwater transshipment ports in China mainland: 23 berths over 10000T, at high tide free movement of 200000-300000T ships possible; direct shipment lines to more than 400 ports in 79 countries |
| Railway | Ningbo- Xiaoshan railway, Hangzhou-Shanghai Railway and Zhejiang-Jiangxi Railway connection to main railway network |
| Roads | Expressway to Wenzhou (South):4h, Expressway to Shanghai (3h) |
| Basic Information | |
| Type of zone | national |
| Customs | Yes, bonded warehouses |
| GDP (bn RMB) | 1.3 in 1997 |
| sqkm of area planned | 2.3 |
| sqm of area developped til 99 | |
| owner | state |
| Investment Structure | |
| No. of companies settled | |
| German companies e.g. | |
| International companies e.g. | |
| Most important industries | international trade, export processing, (of electronics, telecommunication, biographic engineering, fine chemical), bonded warehousing |
| Target investment industries | |
| Investment Costs | |
| Income tax from profit making year | for domestic productive companies in %: 0/0/7.5/7.5/7.5 for first five years, then 15; for non-productive Companies in %; 0/7.5/7.5, then 15%, if enterprise reinvestsits net profit after taxation, 80% of the income tax for the reinvestment part shall be refunded |
| VAT situation | production related VAT of exports: exempted, enterprises engaged in bonded trade are exempted from VAT and consumption tax |
| Required ratio green /building surface | |
| Land: Purchasing price for 50y | 50-60US$/m2 for industry/storage, 60-70 for commerce trade |
| Land: Rent | |
| Industrial Buildings and Warehouse: Purchasing price | Standard factory building: 1500 RMB/m2 |
| Industrial Buildings and Warehouse: Leasing | Standard factory building/bonded warehouse: 0.50-0.85RMB/m2 |
| Offices: Purchasing price | 3200-5000RMB/m2 |
| Offices: Rent | No |
| Appartments: Purchasing price | |
| Appartments: Rent | |
| Construction costs: multi-storey one storey |
|
| Standardbuilding available | yes |
| Supply | |
| Water: max. amount | daily: 100000T |
| Water: pressure | |
| Cost of water supply to the Industrial sector | industrial:1.24RMB/T, commercial:1.63RMB/T, construction charge: 1200RMB/T (once) |
| Electricity (KVA) | Zhenhai Power Plant:1.05 MKW, Beilun Power Plant (3.6 MKW) |
| Cost of electricity supply to the Industrial sector | 220V: 0.646-0.946 (peak), <10KV: 0.4-1.065; >10KV: 0.354-0.944, fixed charge for electricity supply; transformer charge per month= transformer capacity x 12 RMB/KVA |
| Heat/Steam | Power Plant of NETD 6 km away, supplies 100T/h Steam, initial fee plus 98RMB/T for use |
| Gas: amount | |
| Cost of gas supply to the Industrial sector | |
| Telecommunication: number of lines possible; IDD | 10000 IDD Lines, EDI System |
| Telecommunication: cost of phone line | |
| Telecommunication: cost of fax line | |
| Drainage of rain water | Yes |
| Drainage of waste water | Yes, available |
| Additional costs | |
| Sourcing | |
| Availability of skilled workers | yes |
| Average employee wages level (RMB/month) | |
| worker | |
| skilled personnel | 700-1200 |
| secretary | |
| technician | 800-1500 |
| manager | 1500-2500 |
| engineer | 1000-2000 |
| univ. graduate | 2000-3000 |
| Social Insurance and health insurance | |
| Unemployment insurance |