| Cixi, located at south
bank of Hangzhou Bay, east edged
by urban Ningbo, connected with
city of Yuyao by south-west, and
separated from Shanghai just by
sea, lies in center area of the
Golden Economic Hu-hang-yong Triangle,
total area covering 1154 km with
78.5 km of coastline northerly,
and a population of 1.214 million.
Cixi is the historic cradle of China
celadon, also the undock site supplied
Xufu to successfully easterly crossing
Japan.
Cixi has become one of the areas
fastest developing its economy.
By 2002, Cixi’s GDP reached
20.6 billion RMB; total production
value for agriculture and industry
be 82.815 billion RMB, of which
industry held 80.4 billion and agriculture
2.415 billion; financial revenue
be 2.66 billion RMB; per capita
income of peasant and towner reached
6,328 and 13,931 RMB respectively;
and their average dwelling space
be 25 and 45 square meter individually.
The Engel Coefficient of living
standard for Cixi’s residents
lower than 40%, having entered the
fairly wealthy counties (cities)
in advance. Cixi’s foreign
trading, foreign investment and
foreign economy experience linkage
development, which fosters an excellent
“foreign economic” service
system. By December of year 2002,
profiting private exportation enterprises
amounted up to 335 with its own
exportation value achieving 1.17
billion USD; 759 foreign economic”
enterprises (with total investment
of 1.542 billion USD); 50 overseas
enterprises.
Cixi’s advanced industrial
economy has formed more than 30
industries including hardware &
machinery, electronic & electric
equipment, plastics & chemical
fiber, textile & garments, chemical
industry & construction materials,
metallurgy etc. with an industrial
system of more than 3000 products.
Presently Cixi has 27,000 industrial
enterprises possessing total asset
of 33 billion RMB. Amongst it, products
of Ningbo AAA Groups, Kingring Group
and Cixing Group like poker card,
builder fabric, and mini-bearing
have its production value stay dominant
in the world. At present Cixi’s
industry is developing by direction
of scale-up, intensivism and internationalism.
Cixi could supply quality infrastructures
such as transportation, telecommunication,
power supply, water supply and 13,000
hectare of unique developable resources
of sea-shoal. In year 2003, Hangzhou
Bay Bridge with its southern bridge
site in Cixi will start construction.
This construction fulfills the reality
to enable China’s national
north-and-south traffic main artery---Tongsan
Line to cross Hangzhou Bay, which
will shorten overland distance between
Shanghai and Cixi, turning Cixi
as a traffic key post to Shanghai,
southern Jiangsu Province, northern
Zhejiang Province and south-eastern
Zhejiang Province, and especially
highlight Cixi as an idealistic
hot land for investment. So establishment
of the bridge will bring tremendous
influence to the economy of Zhejiang
and Shanghai, even the entire Yangtze
Delta.
Cixi is an idealistic treasure-land
for investment in coastal China
by the 21st century. We cordially
open “green passage”
to inland and overseas investors,
and pursue common development with
friends all over the world to enter
the global “e-era”.
Cixi Municipal
Foreign Trade & Economic Cooperation
Committee
Add.: 269 Sishan Road, Cixi, Ningbo,
P.R.C.
Post Code: 315300
Tel.: 86-574-63810508
Fax: 86-574-63810812
E-mail: cfic@public.cx.nbptt.zj.cn
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