yongqing industrial area
DESCRIPTION
A presentation laying out the key features and advantages of the Yongqing Industrial Area in Hebei Province, ChinaTRANSCRIPT
Yongqing Industrial Area
Beijing Golden Field Investment Management Co., Ltd
Contents
• Introduction• Advantages• Benefits• Value• Contact details• Appendix
Introduction Beijing
Shanghai
Yongqing Industrial Area
• A new eco-industrial development zone• Located in Yongqing County, Hebei Province,
China, between the cities of Beijing and Tianjin• Development zone level: Provincial• Planning area 120km2
• Established in March 2003• Over 80 companies present at the end of 2008
Hebei province
Introduction
Bohai
The Bohai-Rim Economic Circle
Introduction Hebei Province
X Yongqing County is situated in the Langfang prefecture
X
11 Prefecture-level divisions
Advantages
• Well connected– Beijing 40 min– Tianjin 1 h– Beijing Capital International
Airport 1h 30min
• At the center of Economic Circles– Bohai rim economic circle– ”Big Beijing ” Strategic
economic circle– Joint economic circles of Beijing,
Tianjin, and Hebei
• Government’s Strategy– Integration of Beijing, Tianjin
and the Hebei province – Yongqing County remains at the
heart
104105
Tianjin
Beijing
Port of Tianjin (60km)
Beijing Capital International Airport (75km)Beijing’s Second International Airport (Planned location – 20km)
Yongqing Industrial Area
JingJinTang Expressway
Highway 104 (20km)
Highway 105 (Finished by 2011)
• Highly Developed Infrastructure
Advantages
Natural Gas Supply 600,000 m³
Electricity Supply 160,000 KVA
Water Supply 200-2000T/h
Drainage 30 kmMobile Coverage
Broadband Internet Coverage
Cable TV Coverage
ENERGY & WATER
COMMUNICATIONSCompetitively priced at ¥1.8/m³
Competitively priced at ¥0.67/kWh
Natural Gas supply is ensured by Yongqing’s prime location on the East-west natural gas pipeline
• Access to cheap and skilled labor
Advantages
Highly educated labor and managerial potential from the Oriental University City in Langfang (14 universities and over 35,000 students)
Yongqing County has a population of more than 380,000. Beijing and Tianjin have a combined population of 29 million people
Langfang
Physical labor at ~ ¥800/month
• Competitive Land Pricing– ¥ 100,000 – 150,000 / mu– ¥ 150 – 225 / m2
• Provincial-level development zone: less regulation
• Privately owned developer: less bureaucracy
• Made to fit your needs:
Advantages
Yonqing Industrial Area (120km2) Google Earth 39°22'39"N, 116°31'25"E
Custom-built Facilities in 3 months
Rent Facilities Rental Available
Over 80% cheaper than around Shanghai
• Logistics
– Industrial area currently serviced by domestic logistics companies
– 500 mu (~330,000 m2) planned for a logistics park (construction planned to start in July 2009)
Advantages
• Help & Support
– Service Centre located in the Industrial Area
– One-stop service for enterprise application, registration and approval
• Preferential policies– In the first three years nine
different types of fees are waived (see appendix 3)
• Investment Incentives– 100% of Corporate income tax
and Value-added tax is returned for the first three years, where investment in fixed assets exceeds ¥ 10 million
– For the following three years, 50% of Corporate income tax and Value-added tax is returned
Benefits
Tax Type Tax Subjected To Hebei Tax Rates
Yongqing Industrial Area Rates
China Federal Rate
Business Tax Operating Income 5.00 3.00 5.00
Construction Tax
Operating Income 0.05 0.05 0.35
Education Surcharge
Operating Income 0.15 0.15 0.15
River Surcharge
Operating Income 0.05 0.05 -
Total Operating Income 5.25 3.25 5.50
Corporate Income Tax
Operating Income 2.50 2.075 2.50
Corporate Income Tax
Profit 25.00 20.75 25.00
Benefits
• Tax benefits
Non-industrial development
“Yongqing New Town”
• Vision 2030– ”Modern enterprise city in the forest”– Beijing’s satellite town– World-class leisure areas
• ”Beijing’s Ninth Zone - Yongqing New Town”– Plan by the Chinese Urban Planning
Design Research Institute– Focus on Sustainable development and
maintaining the ecological balance between industrial development and residential development
Factories, Villas and the Worker’s residential area are currently in construction
Yongqing County• A large producer of organic crops• 60% of the county is covered by natural forests•Fresh air, Clean water
Value• Access the ”Factory of the World”• Lower your costs of production• Have your production facility within 40 minutes of
China’s capital city• Access the Chinese domestic market of 1.4 bn
consumers, and export your products to international markets with speed and ease
• Have a factory, assembly hall, and/or office space built to your specific requirements, which meets your needs
• Access a team dedicated to help and support you in every stage of the process
• Access one of the most exciting and competitive development areas in northern China
• Leading property advisors recommend that you should choose a site for it’s future
• They also advise that building a facility which fits your needs produces markedly better results than buying an existing facility which fails to meet your requirements
• The pace of development in the next 20 years around the Beijing/Tianjin/Hebei area will leave the Yongqing Industrial area at the heart of one of the most prosperous regions in China
Value
Contact
Address:
Telephone:Fax:Email:Office hours:
Beijing International Centre, Room 706, Building 4, CBD Chaoyang District, 100026 Beijing, P.R. China
[email protected]:00-18:00 (GMT + 8h)
Beijing Golden Field Investment Management Co., Ltd
Please contact us with any questions, or for more information. Visits to the industrial area can be arranged upon request.
If you are unsure of whether our industrial area is able to meet your requirements, please don’t hesitate to contact us – it is our task to meet your needs
The Companies
Beijing Golden Field Investment Management Co., Ltd
The Yongqing Industrial Area is our development area in Yongqing County, Hebei province http://www.yqgyy.cn/
We were set up by the Langfang Yitian Group to market the Yongqing Industrial Area to international investors. Located at the heart of Beijing’s Central Business District, Beijing Golden Field Investment Management is the first point of contact for foreign investors who are interested in the Yongqing industrial area.
Langfang Yitian GroupThe Langfang Yitian Group holds the exclusive development rights for the Yongqing Industrial Area
Appendix 1
Yongqing County Government
The People’s Government of Hebei Province
A sample of large enterprises already present and producing at the Yongqing Industrial Area
Name Industry
China South Glass Holding Co., Ltd Float glass
Balama Machinery (China) Co., Ltd Aphalt concrete mixing equipment
Jilin Forest Industry Group Co., Ltd New building materials
Langfang AoHua Food Ltd Food
Langfang Norsun Chemicals Limited Co., Ltd Electronic polarization epoxy resin
Langfang Sanyihe Filter Cleaner Co., Ltd Environmentally friendly filter cleaner
Appendix 2
Waived fees– In the first three years the following administrative charges are waived
• The water supply sector fee to use water is waived• In the first three years, energy consumption which exceeds 10KV is charged at
10KV• Fees for the approval of construction plans by the fire department are waived• Labor safety inspection fee to the quality supervision department• Fees to the city: Town planning department, costs of greening and urban
renewal, land survey, possible fees to build walls, fees for using the city facilities.
• fees for investment in fixed assets to the planning department• Application fee for property rights to housing authorities• Quality supervision fees to the quality and technology supervision
department• Opening fee for an account with the network communications sector
– In the first three years the construction quality supervision fee is -50%
Appendix 3
Other Information
• All land in China is owned by the government• Land-use rights are normally sold for 50 years
for commercial use, and for 70 years for residential use
• Investors can sell, rent or renew their land-use right and property before their land-use right expires
Appendix 4