China's Jingkou Government Sends Delegation to Hold Conferences in Houston and San Francisco with the Aim of Attracting Investment

China's Jingkou Government Sends Delegation to Hold Conferences in Houston and San Francisco with the Aim of Attracting Investment

April 28, 2007

    ZHENJIANG, China, April 28 /Xinhua-PRNewswire/ -- In
order to increase mutual understanding and seek common
development, two investment conferences will be held by
China's Jingkou District People's Government at the
beginning of May in Houston and San Francisco.  During the
conferences, attendees will be invited and an investment
environment will be introduced.  

    The future development of Jingkou will focus on the
following three main fields: first, with its fine location
along the Yangtze River, the Jingkou government will take
lead in large-scale projects such as ship-building and
logistics to promote the overall development of the area;
second, taking advantage of the major urban area, the
Jingkou government will introduce a modern service industry
as well as consolidate the traditional service sector to
reach new heights; and finally, having a concentration of
universities, the Jingkou government will build a software
research and development centre to facilitate the high-tech
industry and optimize the industrial structure.  All
investors will receive the commitment from the Jingkou
government highlights the following: after the acceptance
as legal entities, investors in Jingkou District will have
legal protection on property ownership, usage rights,
operation and management rights, decision making power on
employment and legal income disposal rights; and the
government will provide first-class service procedures for
investors which covers the project settlement by choosing
the place, administrative approval of land, planning,
design, construction and appraisal after completion.  In
order to guarantee and maintain the legal interests and
rights of the investors, the government has set up a
coordination centre to tackle all the possible complaints
and conflicts.

    The key enterprises will settle down in the Zhenjiang
Xinminzhou Port Industrial Park and Jingkou Industrial
Park. 

    As a semi sand island, Xinminzhou Port Industrial Park
is going to be a ship-building base and a transit port for
logistics.  With a good view of Zhenjiang Jiaoshan Moutain,
Xinminzhou Port Industrial Park is located on the north
shore of the Yangtze River, in the middle area of the
NingZhenYang Delta. Covering an area of 22.5 square
kilometers, Xinminzhou Port boasts a 5.38-kilometer
deep-water coastline which is the only excellent deep-water
coastline remaining undeveloped along the Yangtze River. 
The main waterway is 1500-5000 meters wide.  At present,
some projects have gained approval, such as the public port
project with an investment of $150,000,000 and the Hongqi
ship building project for 200,000-ton oil tanker building,
with an investment of $49,800,000 from Japan.  In addition,
some projects are under business negotiation and promotion,
such as construction material of Chinese housing and
Brazilian ship building, etc.  The settlements of these
projects will push the development of the industrial park
to an even higher level. 

    With a planned area of four square kilometers, Jingkou
Industrial Park is one of the seven provincial level
development zones in Zhenjiang which have been approved by
the Jiangsu Provincial People's Government.  Some
enterprises have already started here, of which the Praxair
project has won their approval and a Canadian aluminium
industrial project will soon be arriving.

    Zhenjiang is located at the convergent area of the
Yangtze River and Beijing-Hangzhou Grand Canal.  As the
main district of Zhenjiang city, Jingkou District has
gathered numerous businessmen since ancient times. 
Nowadays, it is still an ideal place, attracting many
companies such as ouchan, Parkson and RT-Mart.  The
government is committed to upgrading Zhenjiang city by
introducing modern service sectors.  Currently, the
government is conducting urban development by a pattern of
"mountain in the south, and river in the north." 
A new high-grade urban area has been founded in the
beautiful natural surrounding of Nanshan scenery spots.  A
Zhenjiang "Bund" has also been built along the
Yangtze River.  And a north waterfront, covering an area
two times larger than the West Lake in Hangzhou, will be
set up within five years, with an investment of
$10,000,000,000.  Around the waterfront, a North Lake
business circle will be formed where one can find all the
facilities for leisure, sightseeing, entertainment,
residence and shopping.

    Jiangsu University, Jiangsu University of Science and
Technology and Zhenjiang College are among the 6 high
education organizations in Zhenjiang. Additionally,
Zhenjiang boasts 421 research and development institutions
which covers different fields.  Moreover, the advanced
Labor Force Market and over 30 vocational schools in
zhenjiang well meet the requirements of the investors. 

    Background of the City:

    Located at the convergent area of the Yangtze River and
Beijing-Hangzhou Grand Canal, Zhenjiang is neighboured by
Nanjing to the west, Shanghai to the east, and Yangzhou to
the north, across the Yangtze River.  With a distance of
240 kilometers, it takes 2 hours to get to Shanghai from
Zhenjiang.  Jingkou District is the urban district in
Zhenjiang.  It has an area of 1,260,000 square kilometers
and a population of 360,000.  The ways of transportation
contain an in-zone highway, a main line railway, a city
railway and an international Dagang Port with 139 berths. 
Among the berths, there are 20 for 10,000-ton class
vessels, and 50,000-ton class vessels can be moored
anytime.

    Loading a history of over 3,000 years, Zhenjiang is a
famous historical city and an important centre where the
ancient " Wu" culture was originated. The
ecological principle of "Unveiling the mountains to
see the green scenes, showing the rivers to enjoy the blue
water" has merged into the overall urban development. 
One can experience both the magnificent power of the grand
flowing river and the elegant flavor of the streams and
bridges here.  Three mountains, Jinshan, Jiaoshan and
Beigushan, lying in different positions are the most
enjoyable tourist destinations which have won the fame of
"urban woods, mighty rivers" and "the No.1
river and mountain under heaven".  As a result, the
city has won different titles as "China's Excellent
Tourist City," "National Garden City,"
"National Health City" and "National Model
City of Environmental Protection."

    For more information, please contact:

     De Fu Chen
     Tel:   [phone]
     Email: [e-mail]