Our goal: redound upon investors sufficiently.

Location predominance：Nanxun Economic Development Zone is located on the southeast of Shanghai and south bank of Taihu. It's 110 km to Shanghai City, 120 km to Hangzhou City, and 65 km to Suzhou City.

Topography: plain and delta with rivers, without earthquake-ruptured belt, silty soil, high rank clay

Hydrology: water net land, Xitiao Brook runs through it into Taihu in the north, Huangpu River flows into the sea in the east. Water lever varies from 0.38~4.87m with an average level of 2.26m. Nanxun, warm and humid, belongs to the subtropical monsoon climate with outstanding seasons, moderate temperature, and adequate sunlight. There's no typhoon.

Average annual rainfall: 1200mm. temperature: -9.5~39℃.average annual temperature: 16℃.

Average annual sunlight: 2000 hours.average annual air pressure: 135.32KPA.average annual relative humidity: 81%

Founded in Apr 1993, Nanxun Economic Development Zone is ratified by the Zhejiang Government. Located at the bank of Taihu, the new developed area is equipped with consummate facilities and enjoys convenient transportation covering Overseas Chinese Investment Zone, Industrial Zone, Agricultural Touring Zone, and Commerce Zone. It's 110 km east to Shanghai City and 120 km south to Hangzhou City.

Connected with Jiangsu, Zhejiang, and Shanghai, it is endowed with favorable natural conditions. The economy of Yangtze River Delta is the most flourishing and develops with the quickest tempo of China.

In Feb 2000, it is ratified by the State Department to establish the third Overseas Chinese Investment Zone-Nanxun Overseas Chinese Investment Zone. Supported by the Overseas Chinese Office of State Department, the Overseas Chinese League, and the Provincial Government, it provides consummate investment environment focusing on Chinese funds and overseas Chinese funds.

Machinery & Electric Products
Directions to industrial investment Machinery & Electric Products-machine tool under numerical control, elevator and automatic staircase; precision bearing, special bearing and mini-bearing.

Light Industry
new energy-high-grade door locks, various new hardwires; the manufacturing of various high-grade sports and body-building apparatuses.

Electronic Products
equipment mixed integrated circuit medium-scale and large-scale integrated circuit; magnetic recording equipment for computers; high frequency parts and other electronic parts of household appliance.

Building Materials
high-grade building sanitary ceramics and sanitary hardware fittings; new wall building materials and new decoration materials; special refractory and thermal insulation materials; plywood, floor board, and compound board.

Chemical Industry Products
fine chemical and medical products; biochemical industry technology and its products; high disinfectant, food and feed additive, antioxidant; various auxiliaries for textile dyeing, leather’s auxiliary agent; various industrial and civil cleaning agent various energy-reducing additive; concentrated low-poison, low-residue pesticide and insecticide; new refrigerant; new sensitive materials.

Land Development
Land development in large parts to make up the industrial group area. Standard building concerned, forms a industrial and concerned industrial.

Textiles
High-grade cotton and wool fabric; silk, cotton and linen warp wool; the printing and coating of various fabrics and their back-arrangement, various fibres reclaimed fabrics; high-grade fashions and ornaments; the meticulous processing of special animal fibres, such as sheep velour, rabbit hair and camel hair.

Municipal Engineering
The zonal municipal engineering, construction of sewage treatment center,

Referential Taxation Policy

1. Every local encouraged and allowed foreign invested industrial enterprise who has operation period above 10 years could be exempt from business income tax during the first 2 years after profit making year, and deduced by 50% from business income tax from the third to fifth year. After tax payment, part belonging to local fiscal revenue could be returned by 100% from local financial administration against tax payment documents. From the sixth to tenth year, part belonging to local fiscal revenue could be returned by 50% from local financial administration against tax payments documents after tax payment. It allows every foreign invested enterprise to quicken depreciation of its fixed assets under permission by local financial administration.

2. Every major foreign invested enterprise or foreign invested high and new-technology industrial enterprise should pay according to relevant rules and regulations of the state while importing equipment. And it could be returned by

3. Every foreign invested enterprise about waterpower, traffic, electricity power, municipal works, environment protection, real estate and tourism development could be reduced from business income tax to 15% rate through permission. Expect enjoying preferential policies to industrial enterprise, the enterprise should pay acceptable custom duty regulation of the state while importing equipment, and it could be returned by 50-80% from paid tax belonging to local fiscal revenue since its operation.

4. In order to encourage foreign invested enterprise to raise their investment. Every foreign invested enterprise who has enlarged its registered capital or founded its owned new enterprises using its earned profits directly and has operation period of not less than 5 years could be returned by 40% regulations of the state after approval from local financial administration. Besides its paid business income tax belonging to local fiscal revenue could be returned by 30%. For every reinvested and enlargement of export-centered enterprise and advanced technology “second class enterprise” could be returned by 100% from its paid business income tax belonging to its reinvested profits.

5. In order to encourage foreign invested agricultural project (including agricultural, forest, fishing and its processing), its paid agricultural tax and tax of agricultural special products could be returned by 50% rate during the 6th year to 10th year by its application under approval from the municipal government. For the confirmed high and new-technology modem agricultural project, while enjoying business income taxation policy, its paid business income tax could be returned by 30% rate during the 11th year to 15th year.

6. In order to encourage foreign invested high and new-technology industrial enterprise, every confirmed one who has operation of above 10 years could be returned from business income tax, which belonging to local fiscal revenue of part of exceeds 15% rate from tax-paying year while enjoying the No.1 and No.2 items of policies. Every foreign invested enterprise developed high and new-technology products could be returned by 50% from its paid value added tax belonging to local fiscal revenue under approval by city municipal government within 2 years from confirmed dates.

7. Every special major encouraged project of the city who has operation period of above 10 years could be returned by 50% from value added tax belonging to local fiscal revenue within the first 2 years against tax payment documents through approval from city municipal government.

8. In order to encourage foreign invested projects involves scientific, education, intermediately services etc, which matching to the national direction of industrial investment, every project belonging to above mentioned business line might be returned from its paid business income tax belonging to the local fiscal revenue within the three years from profit-making year.

9. Every foreign invested industrial project invested by its owned real estate of Chinese counterpart, its paid contract tax could returned through approval of finance organ against application by the owner while transfer owning rights.