Export-oriented Strategy
2014年05月12日 14:24
 
Changzhou Solar Photovoltaic Enterprise
 

Changzhou has achieved rapid development in foreign trade, investment promotion and foreign economic cooperation. The implementation of export-oriented strategy brings fresh vitality and great dynamic for the economic and social development in Changzhou.

At present, the products for export and foreign trade of Changzhou mainly include machinery, electronics and other high value-added products, realizing a leap from quantitative to qualitative. The city has already housed 205 enterprises with the export value exceeding USD 10 million, among which 9 companies export more than USD100million of commodities every year.

The city actually utilizes foreign capital of 14.75 billion U.S. dollars.So far, 49 enterprises of Fortune Global 500 companies have settled down in Changzhou, such as General Electric from US, Man Group of Germany, Toshiba from Japan and Hyundai from South Korea, and totally invested in 72 various projects.

With the acceleration of its opening up to the outside world, Changzhou has established foreign economic cooperation relationships with more than 60 countries and regions in the world, and accumulatively involved in 129 overseas projects with a contracted investment value of USD 241 million. The investment has extended to the developed countries such as the US, Germany and Australia form those developing countries in Asia and Africa. And the cooperation mode changes from joint venture to sole proprietorship and mergers & acquisitions.

Changzhou has now owned one national high-tech development zone, 9 provincial development zones 2 national export processing zones. Currently, the development zones have become the main front of open economy, main carrier of foreign investment utilization and growth pole of economic development. The actual account registered foreign capitals, regional GDP and the local general budget revenue of the development zones at provincial level or above accounted for 80%, 51.1% and 54%of the whole city respectively.

Since 2007, China has attached great importance to the development of outsourcing services and viewed it as an important component of the modern service industry. As one of the first International Services Outsourcing Base cities in Jiangsu province, Changzhou Software Park, Changzhou National Animation Industry Base, Changzhou Science and Education Town and the Zhonglou District of Changzhou have all been accredited as International Services Outsourcing Demonstration Bases. In addition, the Services Outsourcing industry of Changzhou has been listed in the White Book of Chinese Service Outsourcing.

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