|
Shenyang, the
capital of liaoning province, is the economic, cultural, financial and
commercial center of Northeast China. Being an important industrial
base and a famous historic and cultural city in China ,the investment
environment in Shenyang boasts its unique and the most favorable advantages over other cities.
Shenyang is located in the
southern part of Northeast China, in the center of Liaoning
Province,122°25'-123°48' E and 41°11'-43°2' N. Situated in the
inland area of Liaodong Peninsula. Shenyang is in the north of the
Bohai Sea and southwest of the Changbai Mountains. It has a typical
northern temperate continental climate with four distinct seasons.
Shenyang covers an area of 185 sq km. Having 1 city,9 districts and
3 counties under its jurisdiction, Shenyang's total area is 12,980
sq km, the site area of which extends 115 km from east to west and
205 km from south to north. Shenyang's total population adds up to
6.67millin,with 5.68 million living in urban areas. Richly endowed
with mineral resources spreading over 55 places, Shenyang ranks
first in Liaoning province in terms of natural resources, with 21
profitable mineral reserves discovered ,including coal,oil, gas, and
iron ore, and 7 deposits verified in 42 places.
Favorable Geographic
Location.
From a global point of view, Shenyang is situated in the central
area of Northeast Asia, close to Japan, south Korea, North Korea,
Mongolia and Russia, while a glimpse at a map of China will locate
Shenyang in the joint section of the Northeast China Economic Region
and the Bohai Sea Rim Economic Region which consists of five
provinces and two cities, namely, Liaoning, Hebei, Shanxi, Inner
Mongolia, Shandong Beijing and Tianjin. With regards to Liaoning
province, Shenyang is Surrounded by a number of cities, such as
"Iron and Steel City" Anshan, 'Coal City"
Fushun,"Chemical Fiber City- Liaoyang, "Coal and Iron
City" Benxi and "Grain and Coal City" Tieling, which
constitute an economic community in the middle part of Liaoning
Province with Shenyang in the center, where the economic exchanges
are frequent enough with a big market and a promising future. The favorable
geographic location makes Shenyang a key element in the opening and
development of the Northeast Asia Economic Region and Bohai Sea Rim
Economic Region.
Solid Industrial Foundation.
Shenyang is an old industrial base in China, which was set up as a
key role with capital provided by the central government
during the first-five year plan period, Through years of
development, Shenyang has got over 5,800 industrial manufacturers
with net fixed assets of RMB 26.7 billion, which covers over 140
industrial categories, and a complete set of industries, including
metallurgy, chemistry, pharmaceutical and textiles,
electronics, automobiles, aviation, building materials and machine
manufacturing, and enjoys a comprehensive processing and
equipment producing capability. Among the said industries, the
machine manufacturing industry is world famous, and the machine
tools, power transforming and distributing equipment, universal
equipment, large-sized mining machinery and automobile industries
are playing an important role in the national economy, with the
potential and capability to challenge the world markets.
Convenient Transportation and Communication.
Shenyang is the transportation and communication hub, which links
the north-eastern part of China to the areas south of the Great
Wall. Shenyang Taoxian International Airport is the largest pivotal
airport in Northeast China, operating 0ver 40 domestic and
international lines with direct flights to major cities in China,
and countries and regions 1ike Japan, Russia, Korea, and Hong Kong.
Shenyang is also the largest railway hub In Northeast China with the
highest railway network density in China. Apart from the six railway lines,
such as Shenyang-Shanhaiguan, Shenyang-Dandong, Shenyang-Jilin and
Dalian-Harbin lines which all intersect here, there are also Interconnecting
with the P.D.R. Of Korea, Mongolia and Russia in Shenyang. The
Shenyang-Dalian Super highway, which runs through and links seven
cities along the Liaodong Peninsula, connects Shenyang with port
cities and other cities in the middle part 0f Liaoning province.
Shenyong is also the largest information center and communication
hub in Northeast China, with easy-to-access advanced postal and
telecommunication services.
Efficient Market System.
Shenyang is the largest commodity distribution center in Northeast
China, possessing a complete set of efficient markets of 3 levels
with the state-class markets in the leading position, the regional
markets as supporters and local primary markets as Supplementary.
The number of wholesale markets for consumer goods has reached
almost 50,010 of which have seen an annual sales turnover of RMB 100
million. There are 54 types of markets for productive materials
trading, and a number of other attractive and specialized markets
are being set up, such as steel, wood, coal and non-ferrous metal
markets. Besides, 43 production related markets have been
established, among which the markets for technology, human resources
and labor have become state-categories. In the meantime, Shenyang
financial market is authorized by the People's Bank of China to be
one of the largest financial centers in major Cities in China.
Shenyang has become the largest exchange center of capital, commodity,
information and human resources in Northeast China.
Advance
Science and Technology.
Shenyang has more than 550,000 engineers and technicians in all
categories, half of which work in the fields of natural science.
This has made Shenyang on top of the whole country. There are 578
college and/or university graduates for every 10,000 people in
Shenyang, three times more than the national overage. Among 30
colleges and/or universities and 400 scientific research institutes,
Shenyang Metal Research Institute of Chinese Academy of sciences,
Forestry and Soil Research Institute, Shenyang Chemical Research institute
of China Ministry of Chemical industry, and Shenyang Casting
Research institute of China Ministry of Machinery possess a leading
position in their areas of studies and research programs, not only
in China but in the world as well.
Rich
Natural Resources.
Rich natural resources such as energy resources, ferrous metals, and
metallurgical materials can be found around Shenyang, with 25
million tons 0f iron ore reserves, 2 large coal mines of a verified
reserve of 1.8 billion tons, and a proven crude oil deposit of
300 million tons, on top of which three wells have been drilled with
a daily output of about thousand tons of oil. Besides, Shenyang also
has natural resources of aluminum, granite and clay stone which
would be used as building materials and processed for other
industrial use Shenyang is also rich in agriculture, forestry,
animal husbandry, by-pr0ducts and fishery resources which lays a
solid foundation for Shenyang's economic development
Full set of Conducive incentives
Since China's reform and opening to the outside world, Shenyang
municipal government has been vigorously implementing the country's
preferential policies in regards to fax and land-use fees concerned
with foreign-funded enterprises ln the meantime, it has also put forward
a series of preferential policies itself in accordance with
Shenyang's local circumstances in order to provide a policy
guarantee for foreign investment.
The policies and measures expected
to encourage foreign investment are:
- Three Openings
- Lowest Land-Use Fees
- Accrued Finance to Key Projects
- Rewards for Capital Raised
- Special Case with special
Treatment
Besides, flexible steps are taken
to raise foreign capital, Apart from normal forms of investments
such as joint ventures, co-management and sole proprietorship, the
government also advocates and encourages the establishment of
investment companies and "BOT" projects, issuing overseas
bonds and stocks, and setting up stock companies, etc.
|
