Q&A about investment in Zhangjiagang FTZ
【信息发布时间：2010-01-05 阅读次数：】
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Question: what is the unique characher of investment environment in Zhangjiagang FTZ.
Answer: Zhangjiagang FTZ is the only inland river port in China, it has three unique characters besides general FTZ Preferential Policy,
1. It in the center of The Yangtze River Delta, near the “Golden Waterway”—the Yangtze River and the international commercial port－Zhangjiagang Port, Southwards, it is only 38KM away from Shanghai-Nanjing Express Way. Westwards, it’s only 10km away from Beijing-Shanghai Express Way and Xinchagn Railway, it near Hongqiao Airport, Pudong Airport, Lukou Airport, Shuofang Airport, Benniu Airport, the FTZ has advanced port, development transportation and amplitude market. .
2. It has auxiliary park－the Yangtze River Chemical Industry Park, the chemical and logistics is its character.
3. The FTZ has its own terminals, the TTZ and the Chemical Park have a 5.5km coast line with 9 10,000 tonnage terminals, with an annual handling capacity exceeding 10million tons.
Question: What is the merits of the investment environment in Zhangjiagang FTZ.
Answer: Zhangjiagang FTZ and the Yangtze River Chemical Industry Park have complete infrastructure and accessory facilities, and have passed the ISO14001 environment management system. There are one 220 KV substation , one 110KV substation and two35KV substations. A sewage treatment plant with daily treatment of 20.000 tons has been completed. The steam feeding capacity can reach 400 tons/hour. They are supplied with water, power, steam, drainage, sewage, pipeline, telecommunication, transportation and leveled ground. The Foreign Investment Service Center has 24-hour hotline service; FTZ Customs, FTZ AQSIQ Office, and Marine Affairs, Frontier Station, Ocean Shipping Agency, FRT Service can go to the enterprises for the business work; All these units work 7 days per week; The Customs carry on the on the management model of one time apply to Entry-Exit Inspection and Quarantine Bureau, one time collect, one time inspection and quarantine, one time cleaning, one time charge, one time releasing, the Customs and Port service is very convenient.
Question: Why does the industry convergency of Free Trade Zone affect powerfully?
Answer: Presently, in Zhangjiagang Free Trade Zone four characteristic industries have been formed----oils& cereals, chemicals, textile and mechanics& electrics. Some Fortune 500 companies and many famous chemical enterprises such as Dupont, Dow Chemical, Chevron Phillips Chemical, Asahi Kassei, Mitsui Chemicals, and etc have invested in Zhangjiagang Free Trade Zone and Jiangsu Yangtze River International Chemical Industrial Park. In chemistry industry, Zhangjiagang Free Trade Zone Chemical Products Exchange Market has been the largest chemical products import and distribution base in east China area and the country. In textile industry, 12.5% of the country’s total import amount of wool and 35% of Jiangsu province has gone through the Zhangjiagang Free Trade Zone Custom; In oil& cereal industry, the East Ocean Oil& Cereal Company has been the world’s largest oil& cereal production base.
Question: It’s convenient for goods going through Zhangjiagang Free Trade Zone Customs. How does it work?
Answer: The reason for quick transit trade is because Zhangjiagang Free Trade Zone has convenient and quick Customs clearance, freight and sea transportation system. Transit import or export goods can directly go through Zhangjiagang FTZ Customs, which can also help enterprises to build up Customs “Green Express”, thus enterprises’ cost reduced. Nowadays, several international express corporations have built international freight transportation system, involving one-time Customs clearance, one international air-express motorcade. Shipping goods transferred from Shanghai to Zhangjiagang FTZ can transact transit procedures previously and they can be transferred to Zhangjiagang FTZ in one or two days. Goods transported by air to Shanghai airport can be sent to Zhangjiagang the same day.
Question: What’s the convenience of recruiting new employees in Zhangjiagang?
Answer: Zhangjiagang City has rich human resources, with Shanghai, Nanjing and other cities around, where many universities and colleges are located, it’s quite convenient to satisfy company’s needs. Zhangjiagang City has been paying attention to education and youngsters can receive high education. Every year, over 5000 students enter universities and colleges for further study and the same amount of university graduates come to work in the city. Shazhou Institute of Technology, which is the first college run by county in China, has both regular college courses and vocational training courses. It has set up special channels for talents exchange with world’s famous universities and research centers. By the way, the enterprises can also recruit various talents around the country. Zhangjiagang Free Trade Zone Foreign Investment Service Center can supply related service for the invested enterprises in Zhangjiagang Free Trade Zone.