Annex 1: DESCRIPTION OF INVESTMENT ENVIRONMENT IN

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Annex 1:
DESCRIPTION OF INVESTMENT ENVIRONMENT IN BENGBU
Bengbu, located in the northern of Anhui Province is the first urban established
in Anhui Province, and has jurisdiction over three counties (Huaiyuan, Wuhe,
Guzhen) and four districts (Longzi Lake, Bengshan, Yuhui, Huaishang),
totaling 5952 square kilometers area and 3.65 million population. It is located
in China's north-south dividing line, Huang-Huai-Hai Plain and Jianghuai Hilly
junction, near Huaihe River, being linked mountains and rivers, featuring four
distinct seasons, pleasant climate, convenient transportation and prosperous
business. After decade’s development, Bengbu has become an important
transport hub in East China and an important manufacturing industry base in
Anhui province, which is the central city for processing, trade and science and
education in Northern Anhui. And it is also the national double-support model
city, the central region awarding favorable policies in the light of the old
industrial base of the Northeast pilot city, national intellectual property pilot city,
the national export base by science and technology and innovation, HefeiWuhu-Bengbu comprehensive reform pilot area of Anhui independent
innovation and the first civilized city in Anhui province.
Bengbu is a place of long cultural history and profound cultural background.
She is one of the birthplaces of Huaihe River culture. 7300 years ago the
unearthed carved symbols on the culture relics in Shuangdun was recognized
as one of the important origin of Chinese characters. 4000 years ago, in this
place, the flood conquering hero Da Yu split mountains to guide Huaihe River,
and once called all the sovereigns here leaving the legend of "refuse visiting
his families when passed by his home three times". The Han Dynasty was
founded through the battle of Gaixia 2200 years ago, which deduced the
historic poetic masterpiece such as "be besieged on all sides", "ambush on all
sides", "farewell to my concubine". Huagudeng, the most representative folk
dance of Han nationality is known as "Oriental ballet" named by Premier Zhou
Enlai and listed as the first batch of national intangible cultural heritage.
Bengbu has a unique geographical and superior traffic location. Bengbu,
located in the middle reaches of Huaihe River, the Yangtze River Delta,
adjacent to the Central and Western China is one of the national highway
transport hub cities with broad economic hinterland. Bengbu has a first-class
railroad passenger station of north-south traffic artery Beijing-Shanghai railway,
First-class large freight marshalling station in East China and the largest
container yard. Taking the train from Bengbu, we can reach the vast majority of
domestic provinces and cities. Bengbu high-speed rail station is the
interchange station of Beijing-Shanghai high-speed rail and Beijing-Fuzhou
high-speed rail (Beijing and Taiwan high-speed rail). At present, you can take 2
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hours to Shanghai, 3 hours and 20 minutes to Beijing, 40 minutes to Nanjing.
Hefei-Bengbu intercity passenger dedicated line connecting the provincial
capital Hefei has been built and you need only 30 minutes travel from Bengbu
to Hefei. Here is an intersection of two highways from Beijing to Fuzhou and
from Nanjing to Luoyang. Bengbu Port is the largest port along Huaihe River.
Not only can Huaihe River connect the Yangtze during four seasons, but also
can reach the sea. Bengbu is merely 130 kilometers to Hefei Luogang Airport,
170 kilometers to Nanjing Lukou International Airport. A new 4C class airport
has been completed in the city. The superior geographic advantages will
promote the development of Bengbu as "relay station",which can integrate
and merge the economy and technology in the southeast coastal area with the
energy and raw materials in central and western regions.
Bengbu has rich resources and a great potential for development. Bengbu, an
important national agricultural and sideline products and commodity grain
production base is rich in agricultural resources, wherein, Huaiyuan
pomegranate, Guzhen peanut, Wuhe crabs, renowned at home and abroad.
Mineral resources are abundant around Bengbu. In addition to adjacent to
Huainan, Huaibei coal bases, non-metallic mineral resources of Huaiyuan,
Guzhen, Wuhe under the jurisdiction of Bengbu and in neighboring Fengyang
County, Suzhou is also very rich. For adequate land reserve resources, the
industrial land prices are lower than the similar regions. Bengbu is an
important channel of "Anhui power transmitted to East" for its adequate power
supply. Guodian Bengbu Power Plant 2 * 600000 kW power generation project
has been completed and the power is connected to the grid. The main pipeline
of transferring natural gas gas from west to the east has been supplied to our
city to reach the daily supply capacity of 620000 cubic meters. Bengbu is
ample in science and education resources, there are 40th Research Institute
and 41st Research Institute of China Electronic Technology Group Corporation,
China Ordnance Industry Corporation 214th Research Institute, Glass Industry
Design Institute, the First Design Institute of Machinery Industry, 4 National
Engineering (Technology) research centers, 24 provincial engineering
(Technology) research centers, 39 provincial enterprise technology centers, 2
academician workstations and 4 post-doctoral research workstations. And it
also owns the Anhui Finance and Economics University and other 9 colleges,
34 diversified vocational education institutions, training more than 20000
graduates and 23000 skilled workers each year. In addition, as an old
industrial city, Bengbu has a large number of professionals and diligent skilled
technical workers of various industries, boasting the high labor quality, low
labor cost and convenient employment.
Bengbu has a solid industrial base, and shows the unique economic advantages.
Here is an important comprehensive industrial base in Anhui province. After
many years development, it has laid a solid foundation in IT, equipment
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manufacture, auto parts, photovoltaic, biomass, fine chemicals, new materials
and new energy, textile and garment, modern agriculture and modern service
industry. We are further integrating the resources, optimizing the industrial
layout, speeding up the formation of industrial clusters. The new material base
of national glass high-tech industry has passed the re-examination by Ministry
of Science And Technology. Fine chemical industry is officially identified as
characteristic national torch program high-tech industrial base. On the other
hand, it has 5 listed corporations, 100 high-tech enterprises, enagaged in citric
acid, lactic acid, ethanol, automobile air conditioner, electromagnetic clutch,
filter, gas compressor, fire trucks, cranes, solar cells and devices, conductive
film glass and more than 30 leading products have the technical and scale
competition advantages both home and abroad. At the same time, Bengbu is
also a national Class-A open city with full administrative organs such as
customs, entry-exit inspection and quarantine agencies. It has approved more
than 400 foreign investment enterprises, and is doing business with 111
countries and regions.
Extensive investment fields provide great space for cooperation. In the field of
industrial production, Bengbu has the IT projects -- mobile phone products,
tablet computer products, LED products, electronic devices and terminal
products; the machinery and equipment manufacturing projects -compressors, fire trucks, cranes, ships, environmental protection equipment
and CNC machine toosl; glass deep processing projects -- energy-saving
glass, display glass, photovoltaic glass, glass fiber etc; The fine chemical
projects -- citric acid, biological ethylene, biological medicine and others; the
new materials and new energy projects -- carbon fiber, photovoltaic industry,
solar power; light industrial projects -- tobacco, food, brewing, textile. In the
field of modern agricultural development, Bengbu has a number of cooperation
projects such as large commodity grain production base, agricultural products
deep processing, agricultural s/t park, standardized livestock and poultry
breeding farms. In modern service industry, Bengbu has tourist projects such
as Dayu, Shuangdun, Chu cultures, focusing on the development of ecological
tourism, ancient culture tour seeking and rural tourism; there are also the
projects such as motor city, International Trade City, trade logistics park,
antique jade market and others; projects of urban general services such as
finance, insurance and other services.
A good investment environment provides the sound guarantee of development.
The first is the good policy environment. In addition, Bengbu can enjoy the
strategic policy of “central rise”, it also gains the national policy of “to revitalize
the old industrial bases in Northeast China”, Huaiyuan County under Bengbu
jurisdiction enjoys the national policy in the light of “great western
development”. To promote the construction of Hefei-Wuhu-Beng overall reform
pilot area policy of independent innovation, Anhui provincial Party committee,
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and government provide 500 million Yuan funds to support the projects and 1
billion Yuan venture investment guide fund yearly, at the same time, the pilot
policy were given to the new pledge loan, guarantee and small loan companies
to encourage their undertakings. The State Council has approved the
comprehensive experimental zone of Hefei-Wuhu-Bengbu independent
innovation in the light of Zhongguancun Independent Innovative
Demonstration Zone to carry out corporate equity and dividend incentive pilot,
and offer the related policies. Hefei-Wuhu-Bengbu pilot area is able to be
awarded the policies of Beijing Zhongguancun, Wuhan East Lake and
Shanghai Zhangjiang demonstration area, treated as the "3+1" test
demonstration region sequences, and listed in the national "Twelfth Five-Year"
development plan of science and technology, as well as national independent
innovation ability construction planning, regarding them as preferential cities to
be constructed. In order to encourage strengthening city with technology, our
city has also formulated a series of supporting and encouraging policies in
particular to offer support funds for investment projects, funding for high-tech
project, cash incentives for scale investment, subsidies for leading industry
investment so as to strive to create the policy to match comprehensively those
in coastal developed area. The second is the sound load bearing environment.
Bengbu now has 1 state-level high-tech Industrial Development Zone, 6
provincial-level development zones, 10 industrial parks, 1 Taiwan Industrial
Park, in which the Taiwanese enterprises have settled more than a dozen at
present. Among them, the high-tech Industrial Development Zone, one of the
three National High-tech development Zones in Anhui has formed a high-tech
industry cluster. The Economic Development Zone focusing mainly on the
advanced manufactures such as high-tech industry, electronic information, and
trade, financial services has been initially formed the central business district,
administrative office area, industrial park, university campus, high-speed rail
area etc. The other 5 development zones based on their respective
advantages has formed a unique industrial park economy with industry cluster
and production scale. Around the industrial foundation and characteristics,
focusing on the development of new display industrial park, the equipment
manufacturing industry park, LED semiconductor industry park, special glass
industrial park, software animation industrial park, environmental protection
equipment industrial park, solar cell industry park, biological medicine
industrial park, tourism service industry park, grain processing industrial park
are set up to provide supports for enterprise and industry clusters. The city
construction for three years is being implemented with nearly 100 billion Yuan
input to promote the city infrastructure construction and create a modern
metropolis with distinct features conducive to entrepreneurship, convenient for
living and suitable for tour. Today, Bengbu is vitalizing the investment
corporations with its new image and solid foundational support. Third is the
satisfied administrative environment. In recent years, Bengbu has further
promoted the administrative efficiency, optimized the soft environment for
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investment. It has established the administrative service center and foreign
complaints center, improved the "one-stop" solution service for foreign
investment approval and implemented the "easy access" service for major
external investment projects. We are trying to build Bengbu into one of the
areas with the advantages of less examination and approval formalities, the
strongest sense of service and the highest efficiency. Moreover, we have
established a project liaison mechanism between the parks, enterprises and
projects to implement the service commitment for enterprises and provide a
good service for foreign investors.
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