An Brief Introduction to the Investment Environment in Jiaxing
Jiaxing covers a land area of 3,915km2, home to a residential population of 4.58 million, and having five counties (cities) and two districts under its administrative jurisdiction. In 2015, the regional GDP reaching 351.7 billion yuan, with per capita GDP reaching 76,834 yuan（or about US$ 12,300）
Located in the geographic center of Yangtze River Delta, Jiaxing is a road transport hub in the delta, 90 km away from Shanghai and Hangzhou and 70 km away from Suzhou respectively. It takes only 25 minutes to reach Shanghai and Hangzhou by high-speed rail, not to mention the other six expressways that achieve fast connection of Jiaxing’s economy to the Yangtze River Delta Economic Circle. Moreover, there are five international airports and three major seaports within its 1-1.5 hour driving radius.
Jiaxing has been awarded numerous honors and titles including the “National Civilized City”, “China's Famous Historical and Cultural City”, “Outstanding Tourist City of China”, “National Garden City”, “Green City Exemplar of China”, “National Healthy City” and “Outstanding City of China in Social Security Comprehensive Management”.
In 2015, the gross industrial added value of enterprises above designated size was 144.9 billion yuan, increased by 5.6%, of which the added values contributed by enterprises above designated size in the high-tech industry, equipment manufacturing and emerging industries increased by 12.3%, 6.9% and 14.6% respectively and accounted for 42.3%, 24.9% and 28.4% of the industrial added value above designated size.
Jiaxing has well-developed foreign trade. In 2015, it achieved a total import and export of USD 31.085billion, of which the export value accounted for USD 22.927billion.
Jiaxing is attraction for foreign investors. By the end of 2015, Jiaxing has cumulatively granted approvals to 7149 foreign-invested businesses, utilized foreign capitals of USD 22.3billion in reality, and attracted the landing of 55 projects from the world’s top 500 companies, including Philips, Shell, Lego, Heineken, Abbott, and Mars.
Pillar Industries: auto parts, optical and electrical machinery, photovoltaic, solar heat, electronic information, textile and clothing, leather and luggage, and new chemical materials.
Key Industries: equipment manufacturing, internet-related sectors as well as new materials, new energies, bio-pharmaceutics, energy-saving and environment protection, the internet of things, new-generation electronic information, auto parts, service outsourcing, headquarters economy, ocean economy, R&D, and modern logistics.