Jiangsu
Suzhou Wuzhong Economic and Technological Development Zone, Wuzhong Export Processing Zone



    Rating     BBB
    Year of Establishment     1993
    Land Area     150 sq km (Suzhou Wuzhong ETDZ), 3 km (Wuzhong EPZ)2
    Location     Wuzhong District, Suzhou, Jiangsu
    GDP     RMB 42.73 billion (Suzhou Wuzhong ETDZ, 2014)
    FDI     US$ 320 million (Suzhou Wuzhong ETDZ, 2014)
    Utilized FDI     US$ 260 million (Suzhou Wuzhong ETDZ, 2014)
    Major Investors     Dynamic Electronics, Huiye Plastics Industry Co. Ltd., YahSin Group, Seksun Group, Fushan Machinery
    Major Industies Encouraged     Biotechnology, fine chemicals, electronics consulting, optical-mechanical-electronic integration, precision machinery, new materials
Source: Administration Committee of Wuzhong Export Processing Zone


Introduction
Suzhou Wuzhong ETDZ was set up in 1993, and Wuzhong Export Processing Zone (Wuzhong EPZ) is located in Wuzhong Economic and Technological Development Zone in Wuzhong District, Suzhou, Jiangsu Province. It won approval to be a state-level export-processing zone in 2005 and has an area of 3 sq km. The development of the first 1.3 sq km is complete.

The zone has a convenient transportation network. It is located 83 km from Shanghai Hongqiao Airport and 140 km from Shanghai Pudong International Airport. The Shanghai-Nanjing Highway, the Beijing-Shanghai Highway, the Suzhou Ring Expressway, the Suzhou-Jiaxing-Hangzhou-Ningbo Expressway, State Highway 312 and State Highway 318 all run near Wuzhong EPZ. Shanghai Port is a mere 160 km away. Zhangjiagang Port is 96 km away, and the Beijing-Hangzhou Grand Canal connects the zone with the major inland river port cities in China.

Investment Climate
Wuzhong EPZ officially commenced operation in August 2007, and mainly encourages investment in biotechnology and fine chemicals, optical-mechanical-electronic integration, precision machinery and new materials.

The zone has attracted a total of seven foreign-invested projects since its official opening. The YahSin Group from Taiwan has invested US$90 million in a production line that makes circuit boards for digital cameras, and the Seksun Group from Singapore spent US$60 million to set up a firm for precision-machinery design and manufacturing. Taiwan-based Dynamic Electronics injected a total of US$60 million into a plant for producing HDI PCBs and multilayer PCBs. In October 2010, one of the world’s leading electronics manufacturing services suppliers as well as one of the world’s fortune 500 enterprises, Flextronics International, set up a computer production base in the zone with an annual output capacity of 2 million units.

Investment Cost
 
 
 
 
 
Winning Edge and Limitation
Winning Edge
  • Wuzhong enjoys a convenient transpor-tation system.
  • Suzhou is in a good geographical location.
  • Suzhou has the largest economy in Jiangsu Province. Its industrial base is strong.


Limitations
  • Wuzhong EPZ faces fierce competition from the seven other export-processing zones in Suzhou.
  • Compared with the economies of Suzhou Industrial Park and Suzhou New District, the economy of Wuzhong District is relatively small.
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Address: Guo Xiang Wusongjiang Ave, Wuzhong District, Suzhou, Jiangsu
Tel: 86-512-66018007
Fax: 86-512-66018009
Website: www.wzepz.gov.cn
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