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  QETDZ Advantages

Unique location advantages and big market
Easy transportation and modern telecommunication network
Sufficient water and power supply
Perfect infrastructure
Low cost of investment and operation
Industrial advantages
Human Resource
Excellent investment environment
Excellent living environment

Qinhuangdao Economic & Technological Development Zone (QETDZ) was among the first national development zones in October 1984 with the approval of the State Council of China. It consists of two parts (East and West). After two extensions, it covers a total land area of 56.72 square kilometers. QETDZ sticks consistently to the development policy of the country and has made broad stride in introducing foreign enterprises and capital, and achieved sustainable development in the local economy. Until the end of 2003, QETDZ has issued approvals for 3380 projects and items including 561 foreign investments, with a total investment of 3.512 billion US dollars, contracting foreign capital 2.329 billion dollars, realized 1.029 billion dollars. It has got home investment of 2819 projects with a total home investment of 9.62 billion yuan. Since the founding, QETDZ has accumulated an industrial sale revenue of 52.6 bil yuan with GDP19.9bil yuan, financial revenue 3bil yuan and foreign currency 1.44bil yuan. Presently enterprises from more than 30 counties and regions including US, Germany, South Korea, etc. have established projects, such as Itochu, Asahi from Japan, LG, CASTEC from S. Korea, ADM, GE, ALCOA from US, German Demag, Chia Tai, TI Automobile, as well as famous China enterprises as CITIC, COFCO, CNPC, HPEC, TIANWEI BAOBIAN, etc. The national export processing region was established in Sept. 2003 with a planned area of 2.5 square kilometers.

QETDZ has an excellent investment environment with good basic facilities and strong city functions. In June 2001, it was authenticated by ISO14000 environment system and the State Environmental Protection Bureau approved QETDZ as an ISO14000 National Demonstration Zone, and became the first in Hebei, and the Sixth in China as ISO14000 National Demonstration Zone. In May 2002, QETDZ was awarded as the Environment Protecting Model Zone by the government of Hebei province.

QETDZ has adopted a series of service systems for project approval, all-round service for project construction and constant service for post-project production. It adopts the regulations such as responsibility checking system, open commitment system, error criticism system and customer comment system. It also established a project construction service center, enterprise "110", specially dealing with complain, consultancy, coordination and supervision, to achieve "zero defect" service so as to create a harmonious environment to make customers feel warm, at ease and wealthy, and promote QETDZ up to a place where many projects cluster together with low cost and high profit.

Now the advantages of QETDZ have become stronger and entered a new period of developing more projects, speeding up economy and all walks of life developing together. It is an attractive light for investment and development in Bohai Ring area.
The investment advantages of QETDZ are mainly as follows:

Unique location advantages and big market
Qinhuangdao Economic & Technological Development Zone is located in the north of Hebei province and in the center of Circum-Bohai Economic Ring, neighboring with economic zones of Northeast and North China and close to Japan and S. Korea. It is the joining hub for Northeast China with other provinces and a sea route out for western provinces. It is 281km to Beijing, 220km to Tianjin, 380km to Shenyang. It is only 1.5km to Qinhuangdao Harbor, one of the biggest ports in China. So it enjoys a favorite and unique location.

Easy transportation and modern telecommunication network
Qinhuangdao enjoys a very easy transportation with a network of sea, air, railway and highway crossed together.
There is a world first class telecommunication network for voice, digit and image transmission and it covers all over the area without any dark corner.

Sufficient water and power supply
Qinhuangdao is abundant in water resource and can supply enough water for investors.
Power supply in Qinhuangdao is sufficient. Even in the situation that most parts of China are short of power, here power can be supplied enough for enterprises.

Perfect infrastructure
QETDZ always takes investment environment optimization as its local economy sustainable development strategy. Until 2003 QETDZ spent 3.8bil yuan on infrastructure and city environment construction. Now in the opened parts, an infrastructure with complete facilities of road, power supply, heat supply, telecommunication, water supply, and garbage and waste disposal has been constructed. Infrastructure construction with large scale and high quality provides customers an ideal flourishing platform.

Low cost of investment and operation
The geological structure of Qinhuangdao is very good, which is an independent plate. There is rich building material supply, like steel and iron, glass, cement, etc. The building cost is low. There is sufficient supply of water and power with lower prices. Furthermore, abundant labors and professionals and lower salary is available. The investors in Qinhuangdao can enjoy lower cost of investment and operation.

Industrial advantages
By its favorable advantages in location, transportation, harbor, etc. and after 20-year development, QETDZ has formed strong industrial groups: cereals, oils and foodstuffs industry-Golden Sea Cereal Oil and Food, Pang Thai Wheat Flour, Chia Tai; metal rolling and manufacturing industry-Shougang Plate, Bohai Aluminum, Wanchi Pipe, Bohai ALCOA; Automobile and parts industry-Dicastal Wheel, Asahi Safe Glass, TI Automobile, CASTEC; glass building material industry-Aoge Group, Yaohua Group, North Mingjing; large equipment manufacturing industry-HPEC, TIANWEI BAOBIAN, American GE Engine; etc.

Homan resource
Qinhuangdao city homes 14 colleges and universities, including Yanshan University, Northeastern University at Qinhuangdao, which can ensure human resource needs for enterprises. And QETDZ opened bilingual schools for foreign children.

Excellent investment environment
QETDZ exercises municipal authority of approval with strict administration. After 20-year development it has established 3 complete service systems and an investment service center, which greatly improved business efficiency.

Excellent living environment
QETDZ is only separated by a narrow river from city and very close to the city center. It can easily make use of the hotels, hospitals, and recreation facilities in the city. In the same time QETDZ also built apartments and necessary facilities for foreigners and experts.

In the 21st century, circum-Bohai area is not only a new hot place for China economy, but also for the world economy. Qinhuangdao Economic & Technological Development Zone is located in the strategic place of the center of Circum-Bohai Ring, which will play an important role in promoting the cooperation of the east and the west, and in the economic globalization as well. Confronted with the historical opportunity, the whole staff of QETDZ will be more open-minded, united as one, facing the challenge and with double efforts to create an even more modernized favorable environment for investors and to usher in an even brighter future together with friends and entrepreneurs all over the world.

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