Shanghai
Shanghai Yangshan Free Trade Port Area



    Rating     BBB
    Year of Establishment     2005
    Land Area     8.14km2
    Location     Shanghai
    GDP     N.A
    FDI     N.A
    Utilized FDI     N.A
    Major Investors     Maersk, Prologis, ThyssenKrupp, Haibo Logistics, China National Material Storage & Transportation Corp, CMA CGM, Phillips, CWT, PCH International
    Major Industies Encouraged     Logistics, warehousing
Source:: Administrative Committee of Shanghai Yangshan Free Trade Port Area


Introduction
Shanghai Yangshan Free Trade Port Area (Shanghai Yangshan FTPA) was approved by the State Council as a state-level development zone in 2005. It was the first free-port zone in China to enjoy the favorable policies of free-trade zones, export-processing zones and bonded logistics parks.

Yangshan Deep-water Port, situated on Yangshan Island at the mouth of Hangzhou Bay, is the nearest deep-water port to Shanghai. Yangshan Deep-water Port now has 16 berths with an annual container throughput of 9.3 million TEUs each, making it an important part of Shanghai Port, which was the largest port in China in terms of container traffic in 2013.

Lianggang Avenue, which was partly completed in 2005, connects Yangshan Port and Shanghai Pudong International Airport, reducing the drive time between them to only 20 minutes.

Investment Climate
Yangshan FTPA, cooperatively constructed by the Shanghai and Zhejiang governments, consists of Xiaoyangshan Port Operation Area, Luchao Port Supporting Area and the Donghai Bridge. The Xiaoyangshan Port Area and the deep-water dock operation area are located in Shengsi County, Zhejiang Province, while the Luchao Port Supporting Area is in Nanhui, Shanghai, at the intersection of the Yangtze River and the Qiantang River. In 2012, the foreign trade value of the park reached US$9.32 billion, up 58.3% year on year, including US$3.86 billion in exports, inreased 29.4% year on year.

Yangshan FTPA encourages investment in the logistics and warehousing industries. There are 14 foreign-funded enterprises in the area, including Denmark-based logistics giant Maersk and U.S.-based ProLogis. The total FDI from the 14 foreign firms added up to US$150 million by the end of 2007.


Investment Cost
 
 
 
 
Winning Edge and Limitation
Winning Edge
  • The area is part of Yangshan Deep-water Port, one of China's top coastal container ports.
  • The area has been boosted by the large economy of the Yangtze River Delta.


Limitations
  • The zone faces competition from other free-trade areas and development zones in the Yangtze River Delta.
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Address: Floor 16/17, Building A, Business Plaza of Luchaogang, Nanhui District, Shanghai, P.R. China 201308
Tel: +86-21-68282000
Fax: +86-21-68282020
Website: www.ysftpa.gov.cn
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