Shanghai
Shanghai Minhang Export Processing Zone



    Rating     BBB
    Year of Establishment     2003
    Land Area     3 km2
    Location     Shanghai
    GDP     US$1.92 billion, 7.7% down
    FDI     US$1.36 billion, 6.9% down
    Utilized FDI     N.A
    Major Investors     Xinxun Technology Co. Ltd, Kenseisha, Pioneer
    Major Industies Encouraged     Machinery, electronic information, optical-, mechanical- and electronic-integration, precision machinery
Source: Administrative Committee of Shanghai Comprehensive Industrial Development Zone


Introduction
Shanghai Minhang Export Processing Zone (Shanghai Minhang EPZ) is situated within Shanghai Comprehensive Industrial Development Zone, which was formerly known as Shanghai Fengpu Industrial Zone. Shanghai Minhang EPZ was approved as a state-level development zone by the State Council in 2003 and officially commenced operation in the same year. Minhang EPZ is the 11th state-level development zone and fifth export-processing zone in Shanghai.

Shanghai Minhang EPZ enjoys an advan-tageous geographic location. It is 24 km from Shanghai Hongqiao Airport, 60 km from Shanghai Pudong International Airport and 27 km from the downtown area of Shanghai. Yangshan Deep-water Port, one of the major ports in Shanghai Port, is 30 km away. The Shanghai-Hangzhou Expressway, the Shanghai-Nanjing Expressway and the Shanghai-Hangzhou Railway are all in close proximity to the zone.

Investment Climate
Shanghai Minhang EPZ mainly encourages investment in machinery, electronic information, optical-mechanical-electronic integration and precision machinery. Enterprises in the zone enjoy the preferential policies for both state-level development zones and key citylevel industrial zones.

In 2012, the foreign trade value in the Shanghai Minhang EPZ reached US$1.92 billion, 7.7% less than it realized in 2011. The import value decreased 9.9% year on year to US$560 million, while the export value rose dropped 6.9% and reached US$1.36 billion.

In 2007, the local government built between 20,000 and 30,000 standard workshops for investors. The zone has attracted Kenseisha and Pioneer from Japan and Xinxun Technology from Hong Kong.

Xinxun Technology, specializing in the manufacture of inspection machinery for PCB, agreed to invest US$3.2 million to build a factory in the zone. The factory, with registered capital of US$2 million, will cover an area of 5,200 sq m.

Investment Cost
 
 
 
 
Winning Edge and Limitation
Winning Edge
  • The zone is close to Yangshan Deep-water Port, one of the major container ports in Shanghai Port.
  • The zone is located within Shanghai Comprehensive Industrial Development Zone, one of the key industrial parks in Shanghai.


Limitations
  • No large multinational companies have set up in the zone. The spillover effect is weaker than in other zones.
  • Investors in the zone face rising operating and labor costs.
  • The zone faces competition from five other export-processing zones in Shanghai.
Top


No. 3111 Huan Cheng Xi Road, Fengxian District, Shanghai, P.R. China 201401
Tel: +86-21-33655888
Fax: +86-21-33655999
Website: www.fengpu.com
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved