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Hangzhou

Insist on opening-up , optimize exoteric-economy   

In 2007, guided by the municipal party committee and municipal government; adhere to the scientific outlook on development; emphasis on the change of the economy style; implementing strategy spearheaded by opening-upHangzhou opening economy has developed rapidly and steadily.

This year, Hangzhou has approved  574 foreign invested enterprises with  a total contractual foreign capital of 5.58 billion US dollars, up 3.73% over the same period of last year ,and actually utilized overseas fund worth 2.80 billion US dollars,up 24.23%.

The amount of contractual and utilized fund is on the top of the Zhejiang province.Hangzhou has 4583 trading enterprises. The total foreign trading value was 34.57 billion USDup 11.55% over the same period of last yearthe export value was 23.2 billion US dollars,

up 16.06% the import value was 11.37 billion US dollarsup 3.36%. Optimized Export commodities structure constantly, electronic product export was 11.10 billion US dollars, increasing 3.98%, sharing 47.86% in the total export; High-tech products export was 7.55 billion dollars, increasing 0.2 %, sharing 32.57%in the total export.39 new registered investing abroad projects have been approved with a total contractual Chinese capital of 63.45 million US dollars.  

Including 11 which  achieving the award of2007 national Software incoming 100 enterprises,there are 56 off shore outsourcing enterprises.

In 2008, in order to achieve the target that constructing and enjoying high quality lifestyle city, the package of national new polices has adopted to make Hangzhou foreign trading better and faster.

1.Implement foreign investment project Action Planning

Strengthen
                the support of economic policy to program and service the graveness and magnitude
                foreign investment project. Promote the process that change foreign funds attraction
                to excellent overseas funds attraction, project attraction to Industrial colony
                attraction, producing project attraction to advanced producing industrialmodern
                        service industrialinfrastructure
                                project attraction etc. Frequently hold all kinds 
of investment conferences in main
                                nation and region. Attract Fortune Global 500 companiesinvestment projects. Assimilate key technology. Encourage
                                            that international company establish research and Development center in
                                        
                                        Hangzhou
                                        . Construct national zone and provincial zone. Upgrade the opening investment stage.
                                        
                                    

 

2.Improve Foreign trade structure

Implement “the double hundred plan”. Optimize the structure of the export product. Promote common trading proportion and

processing trading level. Upgrade its industrial structure. Enlarge the export scale of high added valueintellectual property rightscorporate brand and

high technology product. Cultivate the export brand. Exploit the export market such as middle Easteastern EuropeAfrica etc. Compile import trading directory. Extend the import scale of energy sourcesmaterial resourceadvanced equipmentkey accessory.

3.Vigorously develop outsourcing industry

Schedule master planning and action planning of outsourcing industry.

Strengthen the action pace of supporting policy. Fasten

construct outsourcing carrier such as singpore-hangzhou science zone and zhejiang university wangxin science zone. Upgrade the double authentication.

Boost the ability of software and outsourcing delivering. Extend employ scale. Set up the training base. Establish the information institute connecting the company with the university. Strengthen the training of the application intelligence. Make the wide advertisement by software export alliancemake “heaven software”、“Hangzhou outsourcingbrand popular.

4.Expand cooperation and exchange with other countries

Support company international management system in the fields of researchproducingsale. Cultivate the multinational and international well-known brand. Build the international net including managementdistribution and producing process abroad.

 

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