Rui'an Economic Development Zone
2004-5-12

1、The Introduction of the Development Zone.

Rui'an which was the first set up as a county in the Three kingdoms period which is a city with a long history. In 1987, it became a city, subordinated to Wenzhou city. With ideal climate, adequate rainfall, fertile land and sufficient products, it is a land of abundance. Because of its flourishing economy, many traders have gathered here., such as the pioneer of the national industry Li shumeng Who are both famous in the history of modern industry development. The policy of reform and opening-up provides Rui'an with a chance to develop quickly. Because the economy has gone steadily for ten years at a high speed, it is listed among both the 100 best counties (cities) in substantial power and Chinese star counties(cities).Now it is appointed al a test zone for comprehensive reform by the government. Approved by Zhejiang People's Government, Rui'an economic development zone is a province-grade development zone. It is northern to the Feiyun River, western to the 104 national way, near to Wenzhou urban area and 25kilometers away from Wenzhou airport.The traffic is very convenient. With the principle of setting up infrastructures first, the fund of1500 million yuan has been put into use. The roads and systems of water supply, electric supply sewage, communication and etc. provide perfect conditions for investment projects. Focusing on hi- tech industries and exports, the development zone welcomes foreign-funded enterprises, large-scaled enterprises and those open to the outside with superior investment environment, preferential policy and perfect service. Traders from all over the world are heartily welcomed to build a coastal new industrial city of the 21st century with us.(with a map of the zone attached)

2、Overall Arrangement The Overall

Arrangement of Rui'an economic development zone was approved by zhejiang government. The total area is 7.86 square kilometers which can be divided into 6 functional sections: the center service section, the technological industry section, the industry section, the storage section, the industrial port section, the fishing port section and the tax protection section. According to the consequence of the development, it can be divided into 2 sections. The western ones which is near the old city is the starting section with the area of 2.04 square kilometers and the eastern one is the expanding section with the area of 5.82 square kilometers. With the finely designed system of shore station, the scenic spots along the river will be parts of the development zone. (with a map of the overall arrangement attached)

3、A Guide to Investment

1) Investment fields Industry--machine building, electrical components and equipment, industrial craft articles, industrial automation equipment, fittings of motor vehicles, plastic products, clothes, food and beverage, hi-tech industries and their products and etc. Fishery fine process the aquatic products, storage and trade. Real Estates the exploitation of land with projects, standard factory buildings, store departments, dwelling houses, office buildings and etc. Service Sectors-banks, insurance, information consultation, advertisement, transportation, tourism, trade agencies and etc. Base Sectors-research institutions, culture and education, sanitation and sports, ports, infrastructures and etc. 2 Investment projects specially Encouraged 1) foreign- funded enterprises which produce exports and hi- tech-enterprises and research institutions; tourism, commerce and entertainment business; infrastructures and projects for public good on land which is exploited with foreign investment. 2) Domestic-funded enterprises, high- tech enterprises and research institutions and enterprises that produce exports. 3) Kinds of technological cooperation between foreign and domestic enterprises, research institutions, colleges and universities

4、Management and Service

1.Excellent service: There are four functional institutions in the zone, they are Economic Development Bureau, Land Program Bureau, exploitation and construction Bureau and personnel Administration Bureau. A series of service will be offered. All formalities for approval of investment projects can be transacted by the development zone in one building.

2.Preferential policies 1) The rent of land for manufacturing projects with the investment of more than 10 million yuan will be 5%-20% lower and will be returned after projects have been put in production. 2) For foreign- funded manufacturing enterprises, when their income taxes are higher than their actual taxes, the exceeding parts will be returned by the local financial administration. Those which will be run for more than 10 years will pay no tax within 2 years and pay half of income taxes within another 3 years since the year when profit is made. 3) Since the year when profit is made, domestic manufacturer agent enterprises which will be run for more than 10 years will pay only 20% income taxes within 2 years and 60% within another 3 years and research institutions will pay only 20% income taxes within 5 years and territory industries which will be run for more than 10 years will pay 60% income taxes within 5 years.

5、Projects for Investment

1).The Commercial Building: It is located in the best place in the service section that is the center of the starting section. It is northern to the Feiyun River and southern to the center square of the development zone with the total area of 30 mu, including the construction area of 30thousand m*m It is a multi-functional building for commercial affairs, meetings, exhibitions, residence, entertainment, body- building, dinners and shopping, For enterprises, It's an ideal spot to hold trade talks, meet together, have a rest and make friends. The total investment reaches about 120 million (US)yuan

2).Aquatic products city: It is near the Feiyun River in the starting section. With the nation-grade fishing-port--Pongshan fishing port as its backbone, It has excellent conditions and bright future. The aquatic products city will be built into the largest and best equipped nation-grade base for aquatic products processing trade which has a processing section, a cold storage section, a large wholesale market of fresh and processed aquatic, products and a center of 116 mu with the total investment of 70 million yuan


3).The Technological Section of the 21fst Century: It is in the center of the development zone. The geographical environment is perfect for the terrain along the river is flat. The area is planned to be 0. 8 square kilometers with about 800 mu for rent. The investment for land and infrastructures is about 120 million yuan. And great importance is attached to hi-tech industries, such as the exploitation of marine animals, new materials, fittings of motor vehicles and etc. Traders from all over the world are heartily welcomed to invest and cooperate. The chairman of the standing committee:Mu Jingcheng(vice Major)

The vice chairman of the standing committee:Chen Jixun

Tel: 86-577- 5635898
Fax: 86-577- 5635898
Hot Line:86-577- 5635898

 

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