Investment Zones in China
Deloitte supports investors in the choice of company location in China. Contacts with the operators of the investment zones and an accurate knowledge of the regional framework conditions for investments are of particular importance.
Chinas investment zones in comparison
In the following investment reports, we summarized the basic conditions for investors using selected locations and investment zones in China.
Guangdong is China’s most populous province, and was one of the provinces which adopted reforms and the open-door policy at an early time. The GDP of Guangdong Province accounts for 1/8 of the whole country. It ranks first in various economic indexes, such as economic scale, competitiveness, and financial strength.
Jiangsu Province is located in the eastern part of China. Together with Shanghai and Zhejiang Province, it forms the Yangtze River Delta Economic Zone, which is one of six world class city clusters. Its GDP per capita and Development and Life Index (DLI) rank first in China. Jiangsu Province is China’s most developed region, its urbanization rate reaching 63% by the end of 2012, far outstripping the national average.
Zhejiang Province is in the south of Yangtze River Delta, and is the one of the most economically vibrant regions in China. The “Zhejiang model” favors small and domestic businesses and entrepreneurs. Disposable income per capita has ranked first in China for 21 consecutive years.
- Haining City
- Hangzhou Bay Shangyu Economic and Technological Development Area
- Jiaxing Economic & Technology Development Zone
- Tongxiang City
- Tongxiang Economic Development Zone
- Zhuji City
Hubei Province is the strategic center of the “Rise of Central China” plan, while also being China’s transportation hub. It is home to a population of 400 million people within 500 kilometers of the provincial capital Wuhan City, and 1 billion people within 1000 kilometers of Wuhan.
Shanghai is a world-famous metropolis, and forms the economic, financial, trade, logistics, shipping, and innovation center of China. Its GDP accounts for 4% of the whole country. Shanghai is an international port city whose cargo and container throughput ranks first in the world. The city has a unique attraction for foreign investment.
Anhui Province is in the center of east China. Lying in the middle and lower reaches of the Yangtze and Huai rivers, Anhui is the heart of the Yangtze River Delta and enjoys a strategic position with respect to the transportation network. By the end of 2015, its permanent resident population had reached 61.43 million, with an urbanization rate of 50.5%. Anhui is an important manufacturing base for agricultural production, energy, raw materials, and processing. Automobiles, machines, household appliances, chemicals, electronic appliances, and agricultural products processing are major industries in Anhui.ucts, electronics products, agricultural products processing industry occupies a large proportion in Anhui.
Liaoning Province is the southernmost part of northeast China. It borders the Yellow Sea and Bohai in the south, and faces Japan and Korea across the sea. Liaoning is one of the most important old industrial bases in China, covering the widest range of industrial categories. The equipment manufacturing and raw material processing industries are relatively well developed here. It was one of the earliest provinces to adopt reforms and the open-door policy, and its trading partners are spread over 217 countries and regions. More than 110 Fortune 500 companies have invested in Liaoning.
Located in the central east, and lying in the middle and lower reaches of the Yellow River, Henan Province is one of China’s important transportation hubs. Henan is a vital province economically, its GDP ranking 5th in China, and first in central and west China in 2015. The Central Plains urban agglomeration with Henan as its main region is the fourth growth pillar of China's economy. Henan has rich labor resources and an expanding consumer market. The permanent resident population reached 94.8 million by the end of 2015, making it 3rd in China.
The province of Shandong is located in the north part of eastern China. It was recognized as one of the most competitive provinces, together with Jiangsu and Guangdong province. Its GDP ranks among the top 3 in China, which accounts for 1/11 of the whole country. Home to a population of 100 million people, making it second in China, Shandong has rich labor resources and an expanding consumer market.
Tianjin, as one of the four direct-controlled municipalities of China and an important city in the Bohai Economic Rim, is playing an important role in the five strategies which are vigorously promoted by China.
In 2015, China (Tianjin) Pilot Free Trade Zone, or Tianjin FTZ for short, was officially set up. Tianjin has long been seen as a gateway for northern China to the outside world. It has also been at the forefront of China’s various types of policy reform, innovation, and strategic development initiatives.
- Tianjin Economic-Technological Development Area (TEDA)
Established in 1984, TEDA was among the first of China’s specially designated national economic and technological development zones. Since 1997 when the Ministry of Commerce started a comprehensive appraisal on the investment environment in these zones, it has topped the list. After years of development, TEDA has expanded from the original 33 square kilometers to more than 400 square kilometers, and is home to over 10,000 companies. In 2010, at the first World Parks Cooperation Forum, it was recognized as “China’s Most Attractive Economic Park for Investment” and also received “AAA” rating in a report published by China Knowledge. In 2013, TEDA was rated as “China’s Most Dynamic Region” by the United Nations Industrial Development Organization (UNIDO).