| Jiangdong Survey
Predominant Location Advantage
Jiangdong is a central urban district
of the modern international seaport
city of Ningbo. Beilun Port lies
to its east and the most thriving
place, Sanjiangkou (three estuaries),
adjoins in the west. Ningbo High-Tech
Park lies in its north and Ningbo
High Education Zone to its south.
Jiangdong covers an area of 37.7
sq.km., and has a residential population
of 292,000. It is a new and developing
science and technology industry
and trade district. Jiangdong is
the key area of the new round city
planning and construction as Ningbo
is expanding east and has gained
the name of PUDONG IN NINGBO. According
to the city planning, Jiangdong
will be constructed as the administration
center, central living district,
and center of finance, science and
technology, exhibition, medical
treatment, sports and commerce of
Ningbo.
Convenient
Transportation Network
Hu-hang-yong (Shanghai-Hangzhou-Ningbo)
Expressway, which cuts its way to
Beilun Port (20 minutes to drive)
through Jiangdong district and Tongsan
Expressway, which adjoins major
cities alongside China coastline
from Tongjiang city of Heilongjiang
province to Sanya city of Hainan
Province, join together in Jiangdong
district. It takes only 1.5 hours
to drive to Hangzhou and 3 hours
to Shanghai from Jiangdong. 36 km-long
Hangzhou Gulf Bridge connecting
Ningbo and Shanghai across the Hangzhou
Gulf and with an estimated investment
of RMB8 billion Yuan (about USD967
million), expected to be the world
longest cross-sea bridge, will start
construction by the end of this
year and is to be constructed in
2006. After construction, it takes
less than 2 hours to drive to Shanghai
and Ningbo will be considered as
a suburban area of Shanghai. Ningbo
Lishe International Airport, about
20 minutes journey from Jiangdong,
has direct flights to 29 main domestic
cities and to Hong Kong and Macao.
It also has charter flights for
tourism to Seoul and Bangkok. Xiaoshan
International Airport of Hangzhou
is within the one-hour traffic ring.
2.2 Traditional
Industry Upgrading and Restructuring
With years of development, Jiangdong
district witnesses an avalanche
of hi-tech company, R&D and
hi-tech products. The proportion
of production value of hi-tech products
in gross industrial production value
has reached 30.7%, the economic
progress contribution rate of science
and technology was 56% in 2001.
Jiangdong keeps on its investment
increase in technological renovation.
It sets up a fund for the development
of science and technology and promotes
cooperation among enterprises and
universities and research institutes.
It has close relationship with 15
universities and institutes, such
as China Academy of Science, Zhejiang
University, and Shanghai University.
In order to further enhance the
strength promotion on economy of
hi-tech, and adheres to the principle
of DOING SOMETHING WHILE NOT TO
DO SOMETHING in its developing,
Jiangdong endeavors to develop industries
like information technology, optical,
mechanical and electronic integration,
new materials, tries to break through
in areas of environment protection,
energy saving and biotech. Jiangdong
need input of capital, advanced
technology and management is its
efforts of traditional industry
upgrading and restructuring.
2.3 Modern
Commerce
As the city speeds up its expansion
east and urbanization, the space
of tertiary industry in Jiangdong
district is further enlarged. Jiangdong
district is attracting investors
on finance, information technology,
commerce, agencies, high rank hotels
and recreation in the area centered
by Ningbo International Conference
and Exhibition Center under construction
and alongside two main roads, Century
Avenue, an expressway with a width
of 108 meters, and Binjiang Avenue,
the sight viewing avenue along Yongjiang
River. This area is expected to
be a new trade and commerce center
of Ningbo. Jiangdong is also making
effort to attract large supermarkets,
delivery centers to meet the expansion
east trend of residential areas.
Ningbo Jiangdong
Foreign Investment Promotion Bureau
Contact to: Mr. Chen Jun
( 86-574-87755329, 87338818-7008)
Mr. Yu Yimin(George, 86-574-13957866234
)
Fax: 86-574-87372008
E-mail: invest@nbjd.com,
yym@nbol.net
Website: http://www.nbjd.com/
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