Opening-up Strategy
2014年05月12日 14:34
Changzhou Yangtze River Port

In recent years, relaying on favorable geographical advantage, excellent investment environment, solid economic foundation and advanced concept of opening-up, Changzhou has made remarkable achievements in its opening up progress.

As one of the first Chinese cities opening to the outside world, Changzhou has now owned one national high-tech development zone, 9 provincial development zones 2 national export processing zones. 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.

Despite of the great influence of global financial crisis in 2009, Changzhou had maintained 2 two-digit growth in foreign capital utilization index, and hit a historic new high in aggregate. The actual utilization of foreign capital in the whole city reached USD 2.26billion, increased by 10.6% than the previous year, ranking the 4th within the province. The unit size of the newly approved foreign direct investment hit USD 16.72 million and the number of projects with a total investment exceeding USD 100million or with a registered foreign capital more than USD 30 million has reached 25. 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.

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