Overview of Shangyu Economic Development Zone

Shangyu is located in the northeast of Zhejiang, 62 kilometers to the west of Ningbo, and 70 kilometers to the east of Hangzhou. Hangzhou Bay separates Shangyu and Shanghai, and Shangyu Economic Development Zone (SEDZ) lies within the thriving Shanghai economic circle. 

SEDZ covers an area of 1,427 square kilometers with a population of 780,000. Established in Oct 1992, SEDZ was elevated to provincial level economic development zone in Nov 1993, approved by the government of Zhejiang province. SEDZ has been fully equipped with infrastructures to provide a sound environment for various investments and projects. Now, more than 350 industrial enterprises have settled down here, 160 of which are invested by 12 foreign countries and regions. Total investment in the zone is 10 billion yuan ($1,498 million). So far the total foreign capital invested has reached $270 million, and industry sales have exceeded 7.9 billion yuan ($1,184 million). A 2-square-kilometer living area has been established, housing about 50,000 residents.

SEDZ is separated from the city of Shangyu by a river, over which eight bridges have been built. The zone is centered among five large-sized cities, including Suzhou, Shanghai, Hangzhou, Ningbo and Wenzhou. It is 62 kilometers away from Ningbo, 70 kilometers from Hangzhou, 220 kilometers from both Shanghai and Suzhou, and 250 kilometers from Wenzhou. The construction of Hangzhou Bay Bridge has shortened the distance between Shangyu and Shanghai by 90 kilometers. 

Investment

Natural environment

1. Geology

SEDZ nestles on a plain with a nominal ground height of 5.2 meters above sea level. Soil texture of stratum is sub-clay with a ground bearing capacity of 8t/m2.

2. Condition of construction plot

Nominal ground height is 5.2 meters. The difference between the nominal height of the zone and roads is about 0.8 meter. Building coverage percentage is less than 40 percent.

3. Quality of Atmosphere

SEDZ has a satisfying atmosphere, and meets the first-grade standard of GB309582, namely the "Quality Standard of Environmental Protection of Atmosphere".

4. Climate

SEDZ is located at the brim of the north subtropical zone, and experiences East Asian monsoons. It is subject to an ocean climate with four distinct seasons, abundant rain, sufficient sunshine and moderate temperatures (average annual temperature is 16.4 C). The average annual frost-free period is 251 days, annual sunlight is 3,000 hours, and the relative humidity is 75 percent.

Transportation

Highways： The Shanghai-Hangzhou-Ningbo Highway and the Shanghai-Sanmen Highway pass Shangyu. The Shangyu exits of these two highways are two kilometers apart. No. 329 and No. 104 National Highways traverse SEDZ. The international container transfer station and Shangyu long-distance bus station are located inside the zone.

Railways： The Xiaoshan-Ningbo Railway runs through SEDZ. A second-grade station for both passengers and goods is located in the central area of SEDZ with a daily passenger transfer capacity of 1,500 and an annual freight capacity of 1,350,000 tons.

Airlift： It only takes 40 minutes to drive from SEDZ to Hangzhou Xiaoshan International Airport and Ningbo International Airport, and it only takes 150 minutes to go Shanghai Pudong International Airport.

Water Carriage： SEDZ is only 15 kilometers away from the 5,000-tonnage Shangyu Port, 200 kilometers away from Shanghai Port, and 60 kilometers away from Ningbo Port. The 500-tonnage Hangzhou-Ningbo Canal runs through SEDZ.

Infrastructure

Roads: The trunk road inside SEDZ is 40-60 meters in width. Five bridges connecting new and old districts of the city have been put into practical use. A sight-seeing road with length of 10 kilometers and width of 100-127 meters is under construction.

Power supply: SEDZ has access to stable and sufficient electrical power, which is mainly introduced from the East China Electric Network. Two power stations of 110kV have been erected inside SEDZ. An alternating current loop power network has been formed, with voltage rates of 35kV/10kV and 380V/220V.

Heat supply: There is a thermal power plant of 24,000 KW inside SEDZ, which supplies constant heat at a capacity of 270 tons/hour.

Water supply: SEDZ accesses water supply from the Yangpu Reservoir of Shaoxing, which reaches the national grade I standard of drinking water. A fountain water plant has been erected in SEDZ with a daily supply capacity of 100,000 tons. Abundant safe water supply is guaranteed.

Correspondence: A comprehensive telephone exchange network with an installed capacity of 100,000 phone sets provides users in SEDZ with outstanding communication services of IDD, DDP, etc. A series of new telecommunication services are also offered, including commercial telegraphs, data transfer, graphic fax, wireless calls and mobile correspondence.

Drainage: Rainwater and sewage are separated. The independent sewage treatment system is equipped in SEDZ. When sewage is discharged into the pipe network, it will be treated in a sewage treatment plant with a capacity of 100,000 tons/year before being drained.

Gas supply: Construction of the central gas station and pipe netting in the Zone has been finished high standard natural gas is now being provided for industry, commerce and residents.

Workshops: SEDZ has built some standard workshops of different structures for investors to choose and rent. The workshops are suitable for various industries, including IT, garments, machines, environmental protection equipment, and energy-saving material production.

Public facilities: SEDZ has created a livable environment, comfortable and convenient for residents, including a school, hotel, and hospital.  It also has a free market for agricultural products, financial services, a cultural and recreational center, n automobile testing center, a maintenance center, and a gas station. Public facilities are fully equipped, and outstanding services are provided.

Policies

Leases on standard factories 

Covering an area of 1,000 mu (66.67 hectares), standard factories stand in the central area of SEDZ. These factories are modern of design, well managed, and fully equipped with complete facilities. There are single and double storey brick standard workshops, varying in area. The roof is made of blue steel and aluminum foil steel wire, with central lighting and ventilation. The development zone plans to invest 420 million yuan ($62.93 million) and construct a building area of 400,000 square meters. The projects mainly focus on electronics, information, motors, new material, eco-friendly industry, energy saving industry, knitting, garment, and biopharmaceuticals. Standard factory may be leased, purchased, or invested in. Foreign projects will enjoy preferential policies based on registered capital and factory area for a certain period.

Industry

Mechanical and electronic integration

49 percent of the gross industrial output

Key enterprises：Zhejiang Wolong Group, Zhejiang Kingair Refrigeration Industry, Zhejiang Chunhui Group, Zhejiang Lianfeng Group

Main products：motor, central air-conditioning, home air-conditioning, cooling tower, digital control machine tool, precise bearing, special bearing and mini-sized bearing, auto fittings, fasteners, copper pipes and storage batteries, etc.

Environmental protection and energy-saving

20.7 percent of the gross industrial output 

Key enterprises：Zhejiang Yangguan Group, Shaoxing Jintai Group, Zhejiang Dongshun Electrical Appliances

Main products: T5, T8 high efficiency lighting fixtures, environmental inspection apparatus, water pollution prevention equipment.

Spinning, printing and dyeing

11.8 percent of the gross industrial output

Key enterprises：Zhejiang Zhengyuan Socks, Zhejiang Huafu Color Spinning

Main products: High standard color woven yarn, socks and gloves.

Building material

2.5 percent of the gross industrial output

Key enterprises：Zhejiang Trumpet Whelk Cement, Zhejiang Dajin Steel Structure, Shaoxing Sanfeng Cement.

Main products：Cement, new type walls, plastic steel articles.