Fuchunjiang Economic Development Zone was established in 1992, and in 1994 was approved as provincial Development Zone by the People's Government of Zhejiang Province. It lies in the southwest of Hangzhou, meet with the West Lake district, costs 2 hours to the International airport of Shanghai, and 50 minutes to International airport of Xiaoshan of Hangzhou, his geographical position is superior, the traffic is very convenient.

In May of 1992, according to the position, resource, industry advantage, Development Zone set up the Fuchunwan, Peasant's city, Yinhu, Gaoqiao four major blocks .To accelerate perfecting infrastructures, invite outside investment energetically, Zone has introduced large quantities of projects. Driving the rapid development of the tertiary industry of the industry, travel, real estate and other, and accelerate incorporating large Hangzhou, great traffic, great travel pattern. Introducing 265 projects totally, gross investment is 133. 200 million yuan, complete and go into operation 135 projects. There are 25 overseas-funded enterprises among them, their gross investment is 426 million dollars, the agreement utilizes 217 million dollars, actually utilizes 108 million dollars. Taiwan-invested Hangzhou International Golf Course, with US$ 30 million; CHEDI Holiday Inn, with US$25 million; and Hangzhou Wild Animal World, taking up 3.5 hectare, with 150 million RMB investment. They have promoted the tourist industry of Fuyang. Then strengthen with over 50 communication apparatus, for example, Fuchunjiang Group, Futong Group, Hulun Group, Feihong Group, Bell Group and so one, have cultivated the second largest pillar industry following papermaking industry in Fuyang. Besides, with the development of HangFu riverine highway, Jiangbixi main road, Kowloon main road and Yinhu, peasant city and Fangmachang, advancing the urbanization process fast.

Invest 430 million of construction funds of infrastructures totally. Each, build 110,000 a volt of 2 of transformer substation, ten thousand a piece of program-controlled telephone telecommunications 2 of suboffice, supply water, drain off water, all available infrastructure blowdown, road, etc., Zone have formed from" one" to the economic development area to" slice" of" line"

In 2001, added to the previous 8-square-kilo land with Yinhu, Gaoqiao, Fuchun Bay and Peasants City four parts on it, another 13-square-kilo plot has been spared. Besides, the zone is in the Fuyang city, extending to the North of the river, having the National 320 Road and the Fu-Hang highway for its wings. It utilize fully industry advantage, developing new high-tech industry, electronic information, biological medicineses, new materials integrate at mere electromechanicses, etc. Regarding new and high technology as the guide, the export-oriented economy sets up all valley scientific and technological industrialized country, the scientific and technological industrialized country of biological medicine, new material scientific and technological industrialized country for the subject. According to the strategic idea of Hangzhou" one district and more than gardens", the high starting point is planned, high standard construction.

 Fuyang is the biggest base for telecom appliances in Zhejiang province, and also a famous telecom industry base in the country. Its output of this industry is one fourth of the overall industrial production, and takes up over seven percent of the whole national market. Now the Office of Technology and the Office of Information Industrial in the province has listed the “Optical Valley” in the Tenth Five-year Plan as one of the promising feature industry bases. The provincial government has the intention to build it into an IT belt. According to the planning, a technical industrial park, a bio-medicine industrial park, a new material industrial park, and a medium-size incubation base, will be established, by owning market and technology, to achieve the success of “Optical Valley”,and to be a significant part of the “Paradise Silicon Valley”. Through the development of the New & Hi-tech Industrial Park, some modern enterprises can be attracted. Starting from the commercialization of the new products, and having the enterprises, research institutes, higher institutes penetrate and connect with each other, to have the factors of talents, technology, capital, and information best combined, native hi-tech enterprises can be cultivated and incubated. FCJEDZ offers a firm platform and considerable space to aim at the investment of transnationalcorporations and the establishment of research institutes. The hi-tech zone insists on the goal of upgrading its products. During the tenth five-year plan, emphasis will be put on technical innovation and larger investment, to attain the systematical production of optical bat, optical fiber, optical cable, and optical components. Some sino-American Fuchunjiang Loyal Optical Fiber Manufacture Corporation entered the Park in the beginning of the year 2001, with the total investment more than US $ 23 million.

FCJEDZ so far today has spent 650 million RMB on the infrastructure and service facilities, such as water, electricity, gas, road, and safe networks. Meanwhile, many cooperative treaties have been signed between FCJEDZ and Hangzhou Electronic Engineering Institute, the Office of Technology, and the Office of information industry in the province separately, so as to obtain support in technology, talents, knowledge and information, and so on. Now every endeavor has been making to build FCJEDZ into a “Green Valley”, “Ecological Valley”, “Optical Valley” and to lay a concrete foundation for a new industrial city.

The management of the zone is enclosed. It’s promised the most efficient services and ultimately simplified procedure.

Organization Setup

Fuchunjiang Economic Development Zone Management committee

Office

Finance section

Management department of the assets

Project service center

Invite outside investment Substation

Land resources Substation

Construction Substation

Fuchunjiang Economic Development Zone Head office

Fuyang Comprehensive Market

Fuchunjiang Estate Company

Yinghu Management for infrastructure office

Gaoqiao Management for infrastructure office

Fuchunwan Management for infrastructure office

Peasant city Management for infrastructure office

Organization Functions

Management committee Function

The management committee of developing zone is the agency of city People's Government, trusts to lead and manage the developing zone by city People's Government. Its main duty is: Carry out the relevant laws, regulation and policy of country, province, Hangzhou; make and implement the regional overall planning of developing zone, plan in detail; infrastructure construction in the developing zone and managing; invite outside investment and projects are examined and approve to; collect and return of the fee, including remised fee and expropriation fee, land paid use fee; state-run assets are supervised and managed; management, supervision, coordinating and service of the enterprise production and management in the district; the social transaction management in the district.

  Inside organization function

(1)    Office: 
          Developing zones comprehensive investigation and research, Organizations coordinate, Work superintend and check, Rear service serve, File filed, Information network, organize proposal, incoming telegram come to visit personnel, and other daily affairs work and manage discipline inspection work social affairs motion international communication

(2)    Finance section:
          finance administration, fund management, subordinate unit finance guide and supervised, organize to train at the financial affairs.

(3)    Management department of the assets:
          The reform, management, supervisions of management committee and its subordinate enterprise.

(4)    Project service center:
          introducing whole listing agent service, project management and relevant coordination of the project, investment advisory service in the developing zone.

(5)    Invite outside investment Substation:
         Make and implement the economic development strategy, the industrial policy, economic development medium-term and long-term plans of developing zone; Developing zone invite outside investment, project consult, contract, project prove, synthesize and assess, investment project examine (apply) and criticizing.

(6)    Territory resources Substation:
         Make and implement the land in the developing zone and utilize planning and development plan; investigate and prosecute illegal cases in land expropriation, examination (apply), management and renovation; fee for remising the land, fee for the use of site, various kinds of land rule fee, and other costs of land are taken over, manage and deal with the right of ground, district enterprise, the removal, find a room for and the policy.

(7)    Construction Substation:
        Work out and implement the overall planning of developing zone and plan in the dividing area. The construction of the project, construction of villages and small towns, infrastructure construction, construction, real estate, municipal service and environment are managed; construction project site selection, plan red line, examine and approval for licence of building plan and construction project plan.

Examination & Approval

The management criterions of declaring construction items

The management criterions of declaring construction items Objects of service Declaration procedure Materials for Declaration Time of promises(day) Inner invest ventures Establishing items¡¯ examination and approval 1¡¢item¡¯s suggestion script(departments of environment protect, land management and layout give a former check) 1 Feasible report examination and approval 1¡¢  hand the documents of feasible investigation report; 2¡¢Feasible investigation report; 3¡¢effect report of construction items; 4¡¢other materials which are needed; 3 Primary design examination and approval 1¡¢total ichnography; 2¡¢primary design scenario and demonstration comments of relational parts; 3     Joint ventures Examination and approval of establishing items    1¡¢hand the documents of construction item¡¯s suggestion script; 2¡¢item¡¯s suggestion script;3¡¢operating license of all parts and certificates of  foreign part; 4¡¢certificated material of foreign inverter¡¯s legal representative capacity; 5¡¢agreement of both  joint parts;  6¡¢comments from Chinese main management department  in establishing this venture;  7¡¢materials and documents special needed; 1 Feasible investigation report¡¯s examination and approval 1¡¢            Hand the documents of feasible investigation report; 2¡¢            Feasible investigation report; 3¡¢            The approval document of item¡¯s suggestion scripts; 4¡¢            Material of stated assets evaluation and confirmed documents on value of this assets evaluation; 5¡¢            Fulfilling comments on concerning environment protect and layout; 6¡¢            Comments on other relational conditions on production and construction fulfilling; 7¡¢            comments from Chinese part concerning land using problem;8¡¢other documents; 5 Contracts and constitution¡¯s examination and approval 1¡¢            Feasible investigation report¡¯s reply; 2¡¢            Hand the documents of contracts and constitution; 3¡¢            Contracts and constitution of ventures; 4¡¢            Notify scripts of foreign invest venture¡¯s name; 5¡¢             Pertain and inseparable agreement of contract; 6¡¢            Names of compositive directorate and accreditation of every part; 7¡¢            Notify scripts of foreign invest ventures¡¯ name; 5   Attention: the time of examination and approval will be development¡¯s inner (excluding the higher department¡¯s examination and approval time)     Charges & Fees     1.Expenses standard 1)      Infrastructure expenses (1)    Installation fee of the transformer: Original material fee and project fee of transformer, storage battery and the line etc mainly. That depends, it is generally about 100,000 yuan;  (2)    Electric fee: using for business is 0.89 yuan /degree, using for life is 0.53yuan/degree, using of production is on average 0.68 yuan /degree (3)    Water fee: using for industry is 1.7yuan/mt, using for life is 1.05yuan/mt, using for office is 1.4yuan/mt     （4）Heat supply: Heat fee 120yuan/mt (When the coals prices fluctuate by 10 yuan /ton, the heat fee correspondingly fluctuate by 2 yuan /ton)   (5) Gas: Public building and business users: 3.80 yuan /cubic meter              Life users: 3.10yuan/cubic meter (6) Salary: general enterprise's worker: 600-800 yuan per month.                General administrative staff is 800-1000 yuan per month                Senior executive's salary are decided by board of directors of the enterprise 2. Tax and service charge standard Item Charging Item Specification Charge Department Approval for land Expense （1）Newly-increased build and use land fee 14yuan / M2 Territory resource office （2）land cultivates fee 14yuan/ M2 （3）occupancy tax of cultivated land 6000 yuan / mu （4）Differential land rent Pay slowly （5）Administration expense of land 1000 yuan / mu（high-new garden 500 yuan/ mu） （6）Imprevision fee Free （7）Contract tax Sell the land all-inclusive cost of 3% （8）forest and skin grafting resume fee 800 yuan / mu Forestry bureau （9）Solicit and take up forest land resources and protect the fee According to1.2% of compensation of forest, forest Construction fee （10）Facility compensation of water and soil conservation 0.6 yuan / M2 Hydroelectric board （11）Termite prevents and cure fee 1.2 yuan/ M2 Construction bureau （12）Quality supervises fee the fabrication cost of 1.3‰ （13）Sample fee 1000 yuan / （14）Fund for special use for wall changes 5 yuan/ M2 （15）Charge the bulk cement in advance 1 yuan/ M2 （16）Land use licence 8 yuan / book Territory resource office （17）Land licence 8 yuan/ book （18）Reconnoitre fee 0.25 yuan / M2 Construction bureau （19）Register fee in property right of the house 25 yuan/ book （20）Ownership card of the house fee 10yuan / book （21）Land assessed fee total assets of land of 1.25‰ Territory resource office （22）Reconnoitre and  fee According to the charge licence of Fuyang [2000] No.026 stipulated that fee is reduced by half       3、Building and Transportation cost： It is 500-600 yuan / square meter of general concrete structure standard factory building, and 400 yuan/ square meter. of steelframe room. Generally speaking, our goods are exported from Shanghai port or Ningbo port, the price as follows,  Exp.& Imp.   Distance 20#Container 40#Container Export Fuyang—Ningbo 2000 2600 Fuyang—Shanghai 2100 3100 Import Ningbo—Fuyang 2750 3300 Shanghai—Fuyang 3000 3950 Mark：Export freight includes arranging shipping space, declaring at the Customs expenses。 Import freight includes documents fee, harbor fee, declaring at the Customs expenses。   Investment Investment Environment Traffic：FCJEDZ enjoys the unique transportation conveniences to Hangzhou (35 kilo, about 30 minutes). The distance traveled by a vehicle is about 50 minutes to Hangzhou International airport, to Shanghai and Ningbo (180 kilo, about 2 hours), directly to Ningbo port via Fuchun River and Qiantang River. Industry foundation：In Fuyang city, products abound and the people live in plenty，industrial economic base is rich, foreign trade and scientific research condition is good. Communication apparatus, papermaking, electromechanics and building materials are four major pillar industries, are country's famous communication industrial base and papermaking base. At present Fuyang have two national well-known brands" Chinese white paperboard bases"" Zhejiang Optical Valley " already。Fuyang New & Hi-tech Industrial Park cultivates photo-communication, electronic information, bio-medicine industrial park, new material industrial, and medium-size incubation especially. Infrastructures