National Torch High-Tech Industrial Development Zone of ZhongShan

The building!

In 1990, the company was approved to be one of the first State-level development zones in 1991 to seize the opportunity to develop hi-tech industries and large-scaled manufacturing while foreign countries are restructuring their industries. At current, there are 30 international companies involved. Within 3 years, they have innovated more than 500 products.

Products:
o Biomedical
o Automobile fitting
o Modern packing printing

The zone is situated in the center of the Pearl River Delta with favourable transportation networks. Means of transportation are like by road, by water, by air and by railway.

The zone offers a comprehensive set of facilities of telecommunications, hospital, school, hotels, shopping centers and entertainment places. Combining various functional districts and industrial parks, a hi-tech industrial city has formed integrating research & development, production, logistics and living.

How do they attract foreign investors?
They classify the products into 5 major areas and each area is allocated a certain space of land. Because of the facilities available, they are able to attract foreign investors as they will look for the best facilities in the region. To attract foreign investors, exemption and reduction of income tax are given. There are also no limitation in selling proportion in domestic market if the hi-tech products are state-encouraged and up to international advanced level for its technology, or complementary with the technology in the province. Foreign investments are more than 95%.

Factors that they will consider before accepting:
o Constraint of area
o Pollution
o Whether it has financial abilities/ profit ability

this was posted one of their tv screens!