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Investment Circumstance
2005-06-15 14:49:39

Regional Economy

Overall Economical Value

Qingpu District saw a continuous growth of its integrated economic strength in 2003 with its GDP topping over 20 billion RMB yuan for the first time and valuing 20.71 billion RMB yuan, with a growth of 22.8 % and 5.9 cent-point over the last year. It is the top-most growth of GDP since 1998 and a new level over the annual growth rate of 20 %. Among the figure 0.97 billion, or a growth of 4.8 % over the last year, is from the primary industry, 12.8 billion, or a growth of 23.8 %, from the secondary industry and 6.93 billion, or a growth of 23.8 %, from the tertiary industry. The economic structure is changing continuously with the ratio of the three industries being 4.7 : 61.8 : 33.5. Compared with the last year, the primary industry dropped by 0.8 cent points, the secondary industry increased by 0.5 cent points and the tertiary industry increased by 0.3 cent points.


Industrial Economy

The industrial economy of the district is developing rapidly and the economic efficiency is increasing continuously. The district obtained a total industrial output value of 57.6 billion yuan with a growth of 23.1 % over the last year, among which 45.38 billion yuan was produced by the towns' industry, 1.38 billion yuan by the district-subordinated industry and 10.84 billion yuan by municipal-graded Qingpu Industrial Park. Enterprises of the district level produced 40.63 billion yuan of the output, comprising 70.5 % of the total output value of the district, of which 21.69 billion yuan, or 37.7 %, was produced by 76 enterprises whose output value over-passed 100 million yuan. Viewed from economic categories, state-owned and collectively-owned industrial enterprises produced 7.17 billion yuan of the output, jointly-ventured industrial enterprises produced 26.04 billion yuan of the output while private industrial enterprises produced 24.39 billion yuan of the output. The total output values of the three categories of state-and-collectively-owned, the joint-ventured and private enterprises comprised respectively 12.4 %, 45.2 % and 42.4 % of the total output value of the district. The industrial economic efficiency is increasing steadily with an industrial profit value of 2.62 billion yuan of the year, with a growth of 24.6 % over the last year. The annual production and purchase rate was 98.1 % with an increase of 0.5 cent points over the last year. The synthetic index of the annual industrial economic efficiency was 146.7 of the year.


Attracted Foreign Investment

New achievements were made in the attraction of foreign investments in 2003. 210 jointly-ventured enterprises got approved in the whole year and the contracted foreign capital reached 2.38 billion US dollars (including the added amount) with an increase of 109.2 %. Actually invested capital reached 0.39 billion US dollars with an increase of 74.4 %. The foreign enterprises are continuing to increase their investment. They increased their contracted capital by 0.4 billion US dollars in the year, composing 16.8 % of the directly-invested contract value by foreign enterprises in the district.
The district has totally approved 1,895 jointly-ventured enterprises in the past years and absorbed contracted foreign capital of 7.59 billion US dollars with a registered capital of 4.95 billion US dollars.


infrastructure

Communication

By the end of 2002, there are all 175737 fixed-phone users with a main line penetration rate of 39.5 lines per 100 persons. The amount of communication by telephone is 7.6451b times and the total capacity of automatic telephone exchange is 215,120. There are 17500 Internet users including 11800 broadband network users. Broadband network has covered 95% areas of Qingpu District, and the length of optical cable has reached 28980 kilometer. Mobile phone users in Qingpu district reached 82000.

Transportation

Situated in the west of Shanghai, Qingpu is at the juncture of Zhejiang Province, Jiangsu Province and the city of Shanghai. Lying within the central area of the Yangtze River Delta Economic Circle, Qingpu serves as a hub jointing the east and the west and radiating the whole East China.

Land transportation:
East---West: 318 National Highway: (Shanghai---Lhasa, Tibet) Suhong Road: (Suzhou---Hongqiao International Airport) Huqingping Expressway: (Shanghai---Qingpu--- Pingwang) Huhang Expressway: (Shanghai---hangzhou) Huning Expressway: (Shanghai- Nanjing) Huning Railway: (Shanghai-Nanjing) 320 National Highway: (Shanghai-Yunnan)

North---South: Tongsn National Road: (Tongjiang, Heilongjiang-Sanjia, Hainan) Waiqingping Road: (Waigang, Jiading-Qingpu-Songjiang) Jiasong Road: (Jiading-Qingpu-Songjaing)


Air Transportation:
Qingpu is only 6km away from Shanghai Hongqiao International Airport and 40km from Shanghai Pudong International Airport.

Ocean Transportation:
Qingpu is only 45km away form Shanghai Port and about 50km from Shanghai Container Wharf. Goods containers can be exported directly.

Water Transportation:
Dianpu River, Maojing River, Taipu River, and Shangda River flow east-west while Xidaying River, Dingdaying River, Youdungang River flow north-south. All of them are navigation channels of above Class 6. These channels connect Suzhou River in the north and Dianpu River in the south; and they are open to navigation channels of Jiangsu, Zhejiang, etc. There are 16 channels through which 500-tonnage ships can navigate. Dianshan Lake and Taipu River are golden waterways joining Huangpu River.

Human resources

Professional Training

There are 9 professional training instituations of various kinds in Qingpu. Every year they can offer 5000 person-time training for the employers, including primary level, intermediate level and going-on-duty training. The training courses cover electronics, computer, automobile, clothing, radio, digital machinery tool, electrical engineering, marketing, e-commerce, catering, hotel service, photography and decoration, etc. And they can formulate specific training programs and schemes according to the different requirements of individual employers and offer trainings with specific orientations or trainings with the intention of talents reserve.

Talent Market

There are two intermediary service organizations for talent and labor force in the district. One is the Qingpu Talent Service Center attached to Qingpu District Personnel Bureau; the other is Qingpu Job Agency attached to the Qingpu District Labor and Social Insurance Bureau. The job Agency has its branches in every town of Qingpu. In Qingpu, there are three regular large-scale talent exchange meetings in spring, summer and autumn and many other irregular or specialized sessions of these activities, which attract as much as 20000 people annually. We have a professional talent website (http://www.21qphr.com), hosted by the Qingpu District Personnel Bureau and undertaken by the Qingpu Talent Service Center. Now there are 5000 register users with this website. The employing units can choose talents at any time on it. In addition, now every year 40000 students graduate from Shanghai 45 higher education institutes and they are the largest human resources for Qingpu and other districts in Shanghai.





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