Shanghai
Shanghai Nanhui Industrial Park



    Rating     BB
    Year of Establishment     1994
    Land Area     8.20 km2
    Location     Pudong New Area, Shanghai
    GDP     N.A
    FDI     N.A
    Utilized FDI     N.A
    Major Investors     Rintal, Unitor, Valeo, Procom, Visteon, Johnson Controls, Shanghai Dong Long Garments, Shanghai Chengda Machinery
    Major Industies Encouraged     Optoelectronics, machinery
Source: Shanghai Nanhui Industrial Park


Introduction
Shanghai Nanhui Industrial Park (Shanghai Nanhui IP), formerly known as Nanhui Industrial Zone, is located in Pudong New Area in the eastern part of Shanghai. The park was set up in 1994 and won approval to be a municipal-level development zone in 1994. It covers an area of 8.20 sq km.

Shanghai Nanhui IP enjoys advantages in geographic location and access to transportation. The park is within a half-hour drive of the People's Square, the city center in Shanghai. The Daye River, the largest artificial river in Shanghai, goes through the park, connecting the park with Huangpu River and the East China Sea. Shanghai Port, which was ranked China's largest port in terms of container traffic in 2013, is merely 40 km away. Shanghai Pudong International Airport and Shanghai Hongqiao Airport are situated 8 km and 45 km away, respectively.

Investment Climate
The major industries in Shanghai Nanhui IP are optoelectronics and machinery. In 2013, the zone generated a gross industrial output of RMB 11.45 billion, reflecting a year on year increase of 2.1%.

Shanghai Nanhui IP attracted 5 foreign invested projects in 2013 with total contracted FDI of US$75 million. Major foreign investors include Unitor from Sweden, Rintal SPA from Italy, and Procom and Johnson Control from the U.S. Many domestic companies, including Shanghai Dong Long Garments and Shanghai Chengda Machinery Co Ltd, have also entered the park.

Shanghai Yanfeng Johnson Controls Seating Co was inaugurated by Shanghai Yanfeng Visteon and Johnson Controls. The company, which was set up with a total investment of US$53 million, mainly produces auto seating, headliners, sun-visors and auto accessories.


Investment Cost
 
 
 
 
Winning Edge and Limitation
Winning Edge
  • Shanghai is not only the economic and financial hub of China; it also serves as one of the education hubs on the mainland.
  • The zone enjoys convenient transportation conditions and an advantageous geographic location.


Limitations
  • Labor, land and operating costs are high.
  • The zone faces competition from state-level and municipal-level development zones in Shanghai.
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