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Jinhua
  2008-10-07
 
 

Jinhua

General Information

¡¡¡¡Geographic Location The City of Jinhua,stretching across latitudes 28¡ã32'-29¡ã41'north and longitudes 119¡ã14'-120¡ã46'east,is situated in central Zhejiang,a coastal province of the people's Republic of China.It faces the three seaports (na-mely,Shanghai,Ningbo and Wenzhou) in the east,and is close to west Zhejjiang and Fujian Jiangxi and Anhui Provinces in the West.It is its favorable location that makes the City one of the hubs of land communica- tions in China,with numerous arteries of traffic connecting Zhejiang Province with its neighbor-ing provinces including Fujian,Anhui and Jiangxi.Jinhua is a central city to the west of Zhejiang.

Administrative Divisions

¡¡¡¡Under the jurisdiction of Jinhua are two urban districts (namely the Wucheng District,where the Municipal Govermment has its office buildings,and the Jindong District),four county-level cities (Yiwu,Do-ngyang,Yongkang,and Lanxi),and t-hree counties(Pujiang,Wuyi,and Pan'an).

Natural Environment

¡¡¡¡The subtropical monsoon climate endows the City with a distinct demarcation of the four seasons, the annual average temperatures ranging from 16? to 18? and the annual precipitation from 1109 to 1305 mm. With basins, hills, valleys and plains distributing and alternating across the area, it teems with red earth and forest resources, enjoying a forest coverage of 61.3%. down the Jinhuajiang River (also known as the Wujiang River), the largest of the district, ships can descend the Lanjiang River, the Fuchunjiang River and the Qiantangjiang River, all the way to the Grand Canal as well as to the seaports along the coast.

¡¡¡¡City Flower and Tree
¡¡¡¡City Flower: camellia
¡¡¡¡City Tree: camphor tree
¡¡¡¡Sister Cities in the World
¡¡¡¡Tochili,Japan
¡¡¡¡Gosford,Australia
¡¡¡¡Hollabrun,Austria
¡¡¡¡King Willianm,South Africa
¡¡¡¡D¨¹ bingen,Germany
¡¡¡¡Economic Status Quo

Agriculture

¡¡¡¡A land flowing with milk and honey, Jinhua boasts plentiful resources. Abundant in farm produce and local specialties, it gains such names as "Second Largest Grain Depot of Zhejiang," "Home to Fruits," "Home to Camellias," "Home to Xianggu (lentinus edodes)," "Home to Medicinal Materials," and "Milk-Cow Base in South China ." The favorable climate and plentiful natural resources provide advantageous conditions for the development of agriculture here. Among grain crops are over 400 different strains of rice, wheat, legumes, potatoes, grain sorghums, millets, etc. Cash crops include cotton, oil plants, silkworm cocoon, sugarcane, melons, vegetables, edible mushrooms, tea, fruits, mulberry, medicinal materials, flowers, and local specialties such as mat straw, lotus seeds, Chinese chestnuts, Chinese torreya nuts, etc., which belong to the 400-odd strains in over 70 genera. There are numerous distinctive subsidiary products, including hams of Jinhua, pigs, sausage, canned foods, ever-fresh and quick-frozen vegetables, dairy products, bean products, rice wine of Jinhua Prefecture, lotus-root starch, shortbread of Jinhua, candied jujubes, Xianggu (lentinus edodes) of Pan'an, Xuanping lotus seeds of Wuyi, ginger of Yongkang, etc. Fruits of Jinhua include oranges, waxberries, strawberries, watermelons, cucumis melo, muskmelons, candied pears, green dates, cherries, Chinese gooseberries of Wuyi, peach-shaped plums of Pujiang, ping-pong-sized annual grapes, etc., and characteristic flowers include more than 200 strains of camellias, fingered citrons of Jinhua, jasmines, orchids, etc. The animal husbandry of the City, featured by its pigs and milk cows, holds a decisive position in the Province of Zhejiang .

¡¡¡¡Strong industries of agriculture in Jinhua are dairy products, flowers, seedlings, vegetables, fruits, tea, Chinese traditional medicines, and edible fungi.

¡¡¡¡With its advanced cropping skills, Jinhua enjoys a complete range of different varieties of vegetables; its asparagus, Xianggu and ever-fresh and quick-frozen vegetables sell well to as far as Japan , west Europe and elsewhere. As the low-hill yellow earth of the area contains high content of organic matter, and the environment is protected well from pollution, Jinhua is an ideal base for planting vegetables of no public hazard.

¡¡¡¡In the ascendant are the distinctive agriculture and the farm-based comprehensive agricultural development in Jinhua. The tourist agriculture, relaxation agriculture and export-oriented agriculture of the City enjoy large scales of development and high quality, and the construction of various experiment zones and demonstration parks of agricultural technology is fruitful.

¡¡¡¡Jinhua boasts numerous high-quality and famous-brand local specialties, some gaining names across the country or even throughout the world. For instance, the ham of Jinhua is renowned both at home and abroad for its aroma, color, taste and shape. Also very famous are Jinhua's fingered citrons, sausage, lotus root starch, green tea, jasmine tea, organic tea, shortbread and rice wine of Jinhua Prefecture, Lanxi's candied jujubes and green soya beans, Yiwu's dates, Wuyi's Xuanping lotus seeds and Chinese gooseberries, Yongkang's ginger, Pan'an's xianggu, Dongyang's Chinese torreya nuts, and the Chinese traditional medicines of Pan'an and Dongyang, such as baishao (radix paconiae alba), yuanhu (Corydalis yanhusuo W.T. Wang), baishu (Atractylodes macrocephala Koiz), zhebei (fritilleria thunbergii), tianma (rhizoma gastrodiae), and so on.

Industry

¡¡¡¡Known as Home to crafts, Jinhua enjoys flourishing private economy, with its industry mainly supported by processing and manufacturing. It is an important manufacturing base on the southern wing of the Shanghai-centered Yangtze Delta Economic Zone.

¡¡¡¡During the last several years, by vigorously implementing the opening-and-guiding strategy and improving the investment environment, Jinhua has succeeded in optimizing its industrial structure and concentrating its resource allocation on strong industries and enterprises, so that a lot of trades competitive both in and outside the country are full-fledged here. The massive economy and the 7 strong industrial clusters, characterized by their flexible mechanisms, distinctive regional features and industrial agglomeration, are influential in China. The China Daily-Consumables and Hardware Manufacturing Centers, based on the China Commodity City and the China Hardware and Technology City respectively, are burgeoning.

Strong Industries

¡¡¡¡1¡¢Manufacture of Automobiles, Motorcycles and Their Accessories

¡¡¡¡There are over 10 companies in Jinhua producing automobiles and motorcycles, and more than 200 manufacturing car and motorcycle fittings. Main products include luxury buses, miniature saloon cars, farm vehicles, motorcycles, car gears, transmission assemblies, bodywork, motorcycle engines, shock absorbers, etc. The Neoplan Automobile Co., Ltd. of Jinhua, by introducing the advanced technology from Germany, has developed 56 models of luxury buses in 4 categories.

¡¡¡¡2¡¢Hardware Utensil Manufacture and Metalwork Processing

¡¡¡¡Jinhua is the largest manufacturing center of electric instruments in the world, there being more than 1,000 companies manufacturing hardware utensils and metalwork for export at present, over 100 of which are with a production value of above 10 million yuan, and 10 exceed even 100 million. Many products manufactured here enjoy higher market shares than those produced in other cities of China. Main products include electric and pneumatic instruments, metal fittings, industrial measures, and locks.

¡¡¡¡3¡¢Light Industry and Textile-and-Garment Industry

¡¡¡¡Complete in its categories, Jinhua¡¯s light industry consists of nearly 10,000 companies, manufacturing daily consumables (including electric bicycles, skateboards, ornaments, security doors, stationery, teaching facilities, zippers and so on), MSG, spices, paper, presswork, soft drinks, leatherwork (cases, bags and other products), craftwork, etc.

¡¡¡¡The textile-and-garment industry is strong in Jinhua, with more than 6,000 companies engaged therein, employing round 200,000 workers. Main products include various garments, socks and stockings, towels, blankets, basted quilts and so forth.

¡¡¡¡4¡¢Pharmacy and Chemical Industry

¡¡¡¡The pharmacy and chemical industry is a pillar industry under special support of the city. Here is where the famous ¡°eight herbal medicines in Zhejiang¡± are planted, and Home to fluorites in China. The unique advantages in fluorite resources, plus the favorable technology and market, lay the solid foundation for development of the industry. There are 108 pharmaceutical and chemical enterprises of considerable scales in the area, manufacturing Western medicines, Chinese patent medicines, medical intermediates, fluorites and their by-products, fine chemicals, painting, coating materials, activators, etc.

¡¡¡¡5¡¢Industry of Electronic Materials

¡¡¡¡The manufacture of electronic materials and components has begun to take shape in Jinhua. Here are the biggest manufacturing base and enterprises of magnetic materials in the world. The sales volume of magnetic products makes up half of the world¡¯s total, and the output of crystal resonators accounts for 70% of the domestic market share. Main products include magnetic materials, crystal resonators, IC chips, conductive glass, capacitors, diodes, etc.

¡¡¡¡6¡¢Food Processing

¡¡¡¡Food processing is a traditional industry of Jinhua, with more than 5,000 enterprises engaged therein, employing a total staff of over 30,000. Main products include dairy produce, meat and poultry products, canned foods, frozen and fresh-keeping vegetables, edible fungi, organic tea, ham, beer, MSG, aquatic products, etc. The amount of milk cows on hand accounts for 46% of the total number of Zhejiang Province, and the milk output exceeds 60,000 tons. The total planting area of organic tea is over 6,667 hectares, yielding 6,500 tons of tea a year. The output of fresh mushrooms here takes up 20-30% of the total amount of the country, and the exporting of edible fungi makes a profit of 150 million yuan every year.

¡¡¡¡7¡¢Building Materials

¡¡¡¡The building-material industry is another traditional pillar industry of Jinhua. There are 33 companies here producing cement, and 8 manufacturing new concrete-type wall materials. The output of cement ranks the second in the province. Five companies are able to put out more than 1 million tons of cement every year.

¡¡¡¡Jinhua is an important base in China for manufacture and export of electric instruments, garments and textiles, hardware, medicines, magnetic materials, ornaments, fluorite chemicals, educational facilities and so on.

¡¡¡¡Many distinctive products made in Jinhua, including commodities, metal fittings, woodcarvings and crystal craftworks, sell well in both domestic and overseas markets.

¡¡¡¡Jinhua enjoys flourishing traditional handicraft industries and long history of manufacture. Special craftworks here include Dongyang¡¯s woodcarvings and bamboo-woven articles, Pujiang¡¯s straw plaiting, basting and lacing technics, and crystal craftworks.

¡¡¡¡A lot of enterprises with prestigious reputation in the country have been established in Jinhua, such as Hengdian Group, China Commodity City, Zhejiang Guangsha Co., Ltd., King Hing Securities, Zhejiang Jianfeng Co., Ltd., Neoplan Automobiles, Hengdian Group DMEGC Joint-Stock Co., Ltd., Langsha Knitting Co., Ltd., Mengna Knitting Co., Ltd., Conba Group, Buyang Group, Qunsheng Group, Xingyue Group, China Wangli Group Co., Ltd., and Liziyuan Milk. Some other enterprises that are known in and outside China have also set up their production bases in or sought cooperation with Jinhua, such as China Huaneng Co., Ltd., Top Group, North Vehicle Group Corporation, Geely Group, Zhejiang University Innovation Technology Co., Ltd., Ginde Group, ¡°999¡± Enterprise Group, Hainan Asia Medicine Co., Ltd., and Qingdao Dongfang Group. Among others, there are several of the best 500 companies in the world, including Ito Chu Corporation and Sumitomo Corporation from Japan, Hyundai from Korea, and Thyssenkrupp, MAN Group and Neoplan from Germany. In order to accelerate the advanced manufacturing, Jinhua will be dedicated to the construction of ¡°a city, two centers and five industrial areas¡±. ¡°A city¡± means to vigorously develop the industry of automobiles, motorcycles and their accessories based on the Mid-Zhejiang Automobile City. The ¡°two centers¡± refer to the China Commodity Manufacturing Center and China Hardware Manufacturing Center based on the China Commodity City and China Hardware and Technology City respectively. And the ¡°five industrial areas¡± are the pharmaceutical and chemical area, the food making area, the electronic materials area, the building materials area, and the new industries area. Jinhua will become an important manufacturing base in the Yangtze Delta and the center of the Jinhua-Quzhou-Lishui industrial zone.

City Planning of Jinhua to the Year 2020

¡¡¡¡By the year of 2020, Jinhua is to present itself as a metropolis in Midwest Zhejiang, an important transportation center and information port of the Province, and a city of landscape and ecology. The city proper, the nucleus of the prospective metropolis, will be the transportation and information hub and center of trade and finance, logistics, tourism, education and culture, and modern manufacturing, in Midwestern Zhejiang. The urbanization rate will hit 70%, with the population beyond 1 million and the greenbelt coverage higher than 40% in the urban area. A transportation network will be established, which, with the city proper as its center, is composed of a Midwest-Zhejiang railway hub, 5 expressways, 3 intercity through lanes, 2 circular intercity routes, a ringroad, and a planned 4D-grade civil airport. The framework of the city roads, adopting an integrated circular-and-crisscrossed layout, will consist of 3 vertical roads, 3 horizontal arteries and 3 ringroads. The overall arrangement of the city will then be ¡°a nucleus plus 6 functional zones¡±, with the center disposed around ¡°a beach and a sandbar¡±, and a sub-center in each of the four directions.

Economic Advantages

¡¡¡¡Geographic Location

¡¡¡¡Jinhua enjoys convenient transportation, being the communications center in Southeast China between coastal and inland areas, and one of the major hubs of landway transportation in the country. The Zhejiang-Jiangxi, Jinhua-Wenzhou and Jinhua-Qiandaohu Railways intersect in the City. The Hangzhou-Jinhua-Quzhou Expressway, the Jinhua-Lishui-Wenzhou Expressway, the No. 330 and 320 National Highways, and other provincial highroads, also traverse the area. Among other roads, the Jinhua-Ningbo and Jinhua-Jiaojiang Expressways are under construction, and the Jinhua-Xin'anjiang-Hangzhou Expressway is under programming. The city aggregation around Jinhua Proper has formed a "Half-an-Hour's-Ride Economic Circle", there being merely a 90-minute and a 3-hour journey driving from the City to Hangzhou and Shanghai respectively. At present, the Yiwu Civil Airport in the City offers airlines destined for Beijing , Shanghai , Guangzhou , Shenzhen, Xiamen , Qingdao , et alibi. With the 3 ports ( Shanghai , Ningbo and Wenzhou ) in its vicinity, Jinhua is a broad hinterland and intermediate between coastal and inland regions. Today the " On-Carriage Port " - an international container freight station - has been fulfilled in the City, where a straight-through CIQ supervision office has been set up.

¡¡¡¡GOVERNMENT SYSTEM

¡¡¡¡Characterized by its flexible economic system, Jinhua is advanced in civilian-owned economy, with 90% of the enterprises in the City being civilian-run. Features of regional economy are distinctive here; Yiwu's daily commodities, Yongkang's hardware, Dongyang's wood carving, Jinhua's industrial measures, Wuyi's cultural and educational facilities, Pujiang's crystals, etc., all enjoy prestigious reputation both at home and abroad. During the last several years, by vigorously implementing the opening-&-spurring strategy and improving the investment environment, Jinhua has succeeded in boosting the reform of traditional enterprises and facilitating the sound growth of hi-tech industries. The modernized industrial and hi-tech parks of the City, which are full of vigor and vitality, and the allocation of resources that favors predominant enterprises and industries, all provide excellent hardware environment for foreign investment.

Education and Human Resources

¡¡¡¡In its long history, a multitude of distinguished people once lived in Jinhua, and thus it attained a cultural reputation in the history, known as the "Mini Zoulu" ("Zoulu" is another name for Shandong Province, Confucius' hometown, which is believed to be the cradle of Chinese civilization) and home to crafts, architecture, education, and doctors. The advocacy of culture and education has descended through ages. At present, there are 2 comprehensive universities, namely, Zhejiang Normal University and Jinhua University , and dozens of other colleges and technical secondary schools in the City Proper of Jinhua. More than 10,000 students are admitted into colleges and universities every year, and the number of matriculates has been the largest of Zhejiang for over 10 years in the past, honoring Jinhua as one of the top educational cities in the Province. Among the Jinhua-born celebrities there are 12 CAS and CAE Academicians, more than 2,000 professors and over 500 doctors, to whom the City attributes its reputation as a "City of thousands of professors and hundreds of doctors". The excellent cultural and educational atmosphere of Jinhua brings along magnificent social ethics and turns out a group of highly qualified laborers and entrepreneurs, thereby providing lots of all-round talents for Jinhua's economic construction and science-&-technology-based development, and accumulating great potentials for further growth of the City. To invest in such a place of flourishing culture and excellent education for all-round development will help you get twice the result with half the effort.

Development Goals

¡¡¡¡Jinhua's 10th Five-Year Programming

¡¡¡¡During the period of the 10th Five-Year Plan, Jinhua will assume responsibility for modernization as a whole, and follow the development principle of being oriented to modernization, accelerating marketization, being adapted to informationization, promoting industrialization, boosting urbanization, and building a new Jinhua. Motivated by its favorable mechanisms and technological innovations, the City will carry out the strategies of opening up, science- and education-based development, sustainable growth, and urbanization. By attaining the harmonious socioeconomic development, it will endeavor to build itself into an important hub of communications and the central city in Midwest Zhejiang , with prosperous economy, perfect infrastructure, admirable social ethics, excellent ecological environment, and affluent citizens.

¡¡¡¡A Compendium of Jinhua's Long-Range Industrial Objective to the Year 2010

¡¡¡¡The City will aim at the development of processing industries that are characterized by high technology, low energy cost, water economization and slight pollution, and try to foster the electromechanical industry, the new-material industry, architecture, pharmacy, fine chemistry, etc., into its pillar industries. Simultaneously, the textile and food-processing industries will regain their past glories, and more work will be done to reinforce the exploitation of hi-tech industries.

¡¡¡¡Jinhua's Overall City Planning to the Year 2020

¡¡¡¡By 2020, Jinhua is to be built into the central city in Midwest Zhejiang , an important transportation hub and information port of the Province, and a city of landscape and ecology. The City Proper, the nucleus of the prospective central city, will be the transportation and information hub and center of trade and finance, commodity flow, tourism, education and culture, and modern manufacturing, in Midwest Zhejiang . The urbanization rate will hit 70%, with the population beyond 1 million and the greenbelt coverage higher than 40% in the urban area. A transportation network will be established, which, with the City Proper as its center, is composed of a Midwest-Zhejiang railway hub, 5 expressways, 3 intercity through lanes, 2 circular intercity routes, a city loop road, and a planned 4D-level civil airport. The framework of the city roads, adopting an integrated circular-and-crisscrossed layout, will consist of 3 vertical roads, 3 horizontal arteries and 3 loops. The overall arrangement of the City will then be "a nucleus plus 6 functional zones", with the center disposed around "a beach and a sandbar", and a sub-center in each of the four directions.

Investment Environment

¡¡¡¡Transportation

¡¡¡¡Highways

¡¡¡¡There is an interlaced network of highways in Jinhua that extend in all directions, leading to Hangzhou and Shanghai in the north, to Quzhou in the west, to Ningbo and Taizhou Ports in the east, and to Wenzhou Port in the south. The radiating highways, including the Hangzhou-Jinhua-Quzhou and Jinhua-Lishui-Wenzhou Expressways and other national and provincial highroads, all contribute to the transportation network, with the City Proper as its center. The Jinhua-Ningbo and Jinhua-Jiaojiang Expressways are under construction, and the Zhuji-Yongjia Expressway and the City's Loop Road are being planned. Today it is only a one-and-a-half-hour journey driving from Jinhua to Hangzhou , and a three-hour to Shanghai . When the Jinhua-Ningbo Expressway is open to traffic, the distance between the two cities will also be narrowed to a 90-minute ride.

¡¡¡¡Railways

¡¡¡¡Three railroads, namely, the double-tracking Zhejiang-Jiangxi Railway that traverses Jinhua area, the Jinhua-Wenzhou Railway, and the Jinhua-Qiandaohu Railway, are intersected here in Jinhua. Among other railroads, the Jinhua-Ningbo and Jinhua-Jiaojiang Railways, and the extended part of the Jinhua-Qiandaohu (i.e., from Jinhua all the way to Mt. Huang ) Railroad, are all included in the blueprint. Jinhua Railway Station, one that ranks Class 3 in Grade A conferring the state norm, is the biggest marshalling yard in East China, and the City is an important center of railway transportation in the area as well.

¡¡¡¡Airlines

¡¡¡¡There is a 1-to-3-hour journey driving from Jinhua Proper to the surrounding international airports in Hangzhou, Shanghai and Ningbo, and a 20-minute to Yiwu Civil Airport, where over ten air routes are available at present, including those destined for Guangzhou, Shenzhen, Beijing, Xiamen, et alibi.

¡¡¡¡Water Transport

¡¡¡¡In the vicinity of Jinhua are the harbors in Shanghai, Ningbo and Wenzhou, and the Jinhuajiang River (also known as the Wujiang River), the largest of the district, flows down into the Lanjiang River, the Fuchunjiang River and the Qiantangjiang River.

¡¡¡¡On-Carriage Port

¡¡¡¡Today the On-Carriage Port -- an international container freight station -- has been put into operation in the City, where a straight-through CIQ supervision office will be set up.

¡¡¡¡Postal and Telecommunication Services

¡¡¡¡Jinhua is the second largest communications hub in Zhejiang . 4.2 out of ten people in the City have telephones, and altogether there are more than 1.4 million subscribers of hand-free telephones, plus 1.98 million consumers of cell phones and over 300,000 Internet users. Being a pivotal city of optical cables in central Zhejiang , it boasts the SDH digital synchronizing network of optical cables.

¡¡¡¡Water and Power Supplies

¡¡¡¡Jinhua has adequate facilities capable of supplying tap water that measures up Grade A conferring the state norms on drinking water, the amount of supply in the City Proper being 350,000 tons per day.

¡¡¡¡As a component of the East-China Power Grid, the Jinhua Power Grid boasts a power transmission and transformation network that is composed of a primary sub-network covering 500 kv, 220 kv and 110 kv, and a subsidiary covering 35 kv and 10 kv. There are over 100 substations that enjoy a transformer capacity of 35 kv and upwards, capable of supplying sufficient power to the City.

¡¡¡¡Financial Service

¡¡¡¡A financial center in central Zhejiang , Jinhua boasts more than 1,000 various financial agencies, with perfect facilities and complete services. In 2004, the amount deposited hit RMB133.72billion, and loans of various kinds reached RMB 107.13billion.

Residential Environment

¡¡¡¡As a center of politics, economy, finance and culture, Jinhua Proper enjoys perfect urban functions, with complete facilities for cultural entertainment and relaxation , and the tidy and admirable environment earns it the reputation as a national sanified city. The harmless garbage disposal of the City hits 100%, and the sewage treatment 90%. Greenbelt accounts for 20% of the City Proper.

¡¡¡¡In the City Proper, there are the Wuzhou Park , the Huang Binhong Park , the Camellias Park , the Camellia Species Garden , the Shih Guangnan Musical Plaza , etc.

¡¡¡¡The City boasts pleasant residential environment and excellent subsidiary service of real-estate management in residential areas. The living space per capita is 21.76 m2 in the City Proper, and the real-estate development is top-ranking both in the scale and in the technology.

¡¡¡¡There are 30-odd medical institutions in Jinhua at present. Jinhua Central Hospital , known originally as the Evangel Hospital of Jinhua, founded by an American doctor in 1908, is now a top hospital of the City, with tidy and pleasant environment, complete medical domains and facilities, and advanced medical level. Among other hospitals, the Hospital of TCM , the Guangfu Hospital , and the People's Hospital, all boast considerable scales, admirable facilities and high medical skills.

Human Environment

¡¡¡¡Known historically as a cultural city, Jinhua is womb of the great traditional culture of "Bawu"(meaning the 8 counties originally under the jurisdiction of Jinhua). In its long history, a great number of great literati, painters, patriots, national heroes and experts and scholars were brought up here. The essays of Luo Binwang, poems and verses of Zhang Zhihe and Chen Liang, calligraphy and paintings of Guan Xiu and plays of Li Yu in ancient times; the historical literature of Wu Han, articles of Feng Xuefeng, poems of Ai Qing, paintings of Huang Binhong, prose of Cao Juren and music of Shih Guangnan in modern and contemporary times, are all glistening pearls in the history of literature and arts. Other famous Jinhua-born celebrities include: Hu Shih the great historian and social activist; Zong Ze the national hero; Zhu Danxi, Song Lian and Donggao Xinyue the great medical scientists; Shao Piaoping and Chen Wangdao the well-known journalists; Yan Jici the physicist; Cai Xitao the botanist; Lang Jingshan the photographer, et al.

¡¡¡¡The Wuju Opera of Jinhua, boasting a history of over 400 years, is a treasure of arts in Chinese operas, characterized by its straightforward and unadorned style, unique arias, rich accompaniment of drumbeats and music, and consummate martial arts.

¡¡¡¡At present, there are 2 universities and dozens of colleges and technical secondary schools in the City Proper. Every year more than 10,000 students are recruited to universities and colleges, and the numbers have been ranking the first across the Province for more than 10 years. Jinhua is a top educational city in Zhejiang .

Legal Environment

¡¡¡¡Jinhua enjoys economic prosperity and social stability, with sound systems of law and democracy, orderly social norms, and people of civic virtues. A quick-responding system against grave accidents has been established in the district, and the Community-Security Program is being carried out. Jinhua is one of the excellent cities in the country for comprehensive social-security management.

Services Available

¡¡¡¡Government Service

¡¡¡¡Government authorities of Jinhua concerning foreign service mainly include: Commission of Development Planning, Bureau of Foreign Trade & Economic Cooperation, Administration of Industry & Commerce, Administration of Foreign Exchange, Bureau of Commodity Quarantine & Inspection, China (Jinhua) Customs, etc., which operate with clear-cut responsibilities and high efficiency. The Administrative Service Center of the City offers package agency service to investors, and the Municipal Government has specially set up a Complaint Center to handle enterprise complaints on the environment of economic development.

¡¡¡¡To invest in Jinhua, you may turn to foreign-related authorities, the Administrative Service Center , the International Commerce-Promoting Center of Jinhua or other foreign-investment agencies, for going through the formalities of investment, consultation, examination and approval, and so on.

¡¡¡¡Agency Service

¡¡¡¡Various intermediary services are available in Jinhua concerning personnel exchanges, social insurance, labor arbitration, notarization, accounting, auditing, tax accounting, etc.

¡¡¡¡Foreign-invested enterprises are free to choose the necessary services in accounting, laws, notarization, auditing, assessing, counseling, etc.

Government Policies toward Investment

¡¡¡¡Important Laws and Regulations Concerning Foreign Investment

¡¡¡¡These laws and regulations mainly include the three basic laws, namely, The Law of the People's Republic of China Concerning Chinese-Foreign Joint Ventures, The Law of the People's Republic of China Concerning Chinese-Foreign Collaborative Enterprises and The Law of the People's Republic of China Concerning Foreign-invested Enterprises, and their implementary rules. To foreign-invested limited companies The Enterprise Law of the People's Republic of China is applied, unless otherwise regulated by the three above-mentioned laws. The contracts for the establishment of foreign-invested enterprises, signed by Chinese and foreign investors, belong to the category of foreign economic contracts, which are to be under stipulation of The Contract Law of the People's Republic of China .

¡¡¡¡For the establishment, management, termination and liquidation of foreign-invested enterprises, a series of relevant laws, statutes, rules and resolutions are passed and enacted, so that you could be fully guaranteed your legal rights and interests as an investor here.

¡¡¡¡Priority Areas for Investment

¡¡¡¡Foreign investors are encouraged to put money into knowledge-and-technology-intensive and export-oriented projects. Foreign entrepreneurs are encouraged to invest in projects of planting vegetables, flowers and fruits of high yields and top quality, by employing the large areas of hilly land, or to develop items of deep-processed farm and sideline products.

¡¡¡¡Investments are welcome to projects of infrastructure, such as transportation, water conservancy, power supply, city planning, etc.

¡¡¡¡Capital and advanced technologies are to be introduced to accelerate the technological innovations in the existing enterprises; major areas of investment include mechanics, electronics, pharmacy, fine chemistry, and other hi-tech and hi-appendix industries.

¡¡¡¡The regional advantages of the central city will be brought into full play, for both the construction of public facilities in the City and the development of tertiary industries including tourism, real estate, trade and business, modern commodity interflow, real-property management, etc.

 
COPYRIGHT (C) 2003 Zhejiang Foreign Trade & Economic Cooperation Bureau¡¡

Email: invest@mail.zhejiangchina.com PostCode:¡¡310006 Address: No.18 Jiaochang Road Hangzhou China