YUYAOEconomic Development Zone

Finitaly & Partners

Yuyao

Yuyao is a city in the province of Zhejiang 120 km far apart from Hangzhou and 80 km

from Ningbo, under the jurisdiction of Ningbo municipality. Yuyao is on an area of 1.527

km2 (about 50x30 km2) and has about 2 millions of citizens

Yuyao won the “happyest chinese city” reward in 4 consecutive years (a reward

assigned to the 10 best chinese cities )

The c i t y o f Yuyao has 5 indus t r i a l zones , 6 mun i c i pa l hosp i t a l s and 20 c l i n i c s , w i t h a

medica l s ta f f that counts 4.678 employees . The c i ty of Yuyao, invests a large amount of

m o n e y i n t h e e d u c a t i o n a l , c u l t u r a l a n d s c i e n t i f i c s y s t e m a n d h a s e s t a b l i s h e d

co l l abo ra t i ons w i th 200 o f qua l i f i e d h i ghe r educa t i on and re sea r ch in s t i t u t i ons as the

T s i n g h u a U n i v e r s i t y , t h e C h i n a A c a d e m y o f S c i e n c e s , t h e Z h e j i a n g U n i v e r s i t y , e c c .

Transportation and Infrastructure

Every day in Yuyao are transiting about 260.000/280.000 vehicles with a network

Highway that connects directly the best cities of the Yangtze river delta zone.

With the High speed trains is possible to reach Ningbo in about 15 minutes, Hangzhou in

20 minutes and Shanghai in only an hour. These infrastructure grants a flow of about 1

Million of people every day.

Yuyao municipality is committed to develop Yuyao (within the 2014) to reach the status

of second grade city as Hangzhou.

Yuyao can also use the harbour of Beilun (Ningbo, the 2° chinese harbour) and

Shanghai, far about 70 and 200 km from Yuyao.

Beilun is classified in the 4 best harbour in deep water all over the world and the

cargo carriers can reach more than 600 harbour in 100 different countries.

Economic Volume

In 2012 Yuyao has reached a regional GNP of 71.177 billions of

Yuan, with a balance of 11.258 billions of Yuan and a per capita

income of 37,200 Yuan.

In the same year the infrastructural investments reached 36.15

billions of Yuan, with a growth of 39,4% compared with the 2010.

Industrial benefit

In the last 10 years, the city of Yuyao speed up the industrial development process and is

in the 10 more competitive chinese countries and, with an economic volume that

continuosly grows and a permanent contribution of the industrial sector to the regional

GNP.

The private sector is especially developed and is a key peculiarity of Yuyao.The GNP of

the private sector represent the 80% of the GNP of the city of Yuyao . At the end of

2012, all the industrial companies in Yuyao reached 30.000 units, with a gross product

amount of 245.6 billions of Yuan.

Foreign investments

From 1984 until the end of 2012 Yuyao approved 1.816 Foreign Invested Commercial

Enterprise, with an investment of 13.4 billions $ and contracts to use foreign capitals equals

to 8.06 billions $, 4.3 billions $ are still in use.

In these 1.816 companies, the projects are divided by primary, secondary and tertiary sector

and are respectively 2.31%, 85.91% and 11.78% of the total.

Only in the 2012 67 new Foreign Invested Commercial Enterprise were approved with a

foreign capital equal to 898 millions $. Some of the best multinational companies in the

world as HP, GE, Bosch, Honeywell, Itochu Corporation, Sanyo, Daiken, HuarunItouen, ecc.

decided to open an industrial productive site in Yuyao.

Yuyao Economic Development Zone

Yuyao Economic Development Zone was created in the 1992 in a 102,06 km2 area and

was 1 of the oldest economic development zones in the chinese country.

The industrial development zone obtained the ISO 14001 certification and introduced at

the 2.904 different projects, attracting an amount of investments equal to 69.057

billions of Yuan, 4.292 billions $ come from foreign investments. In 2012 the volume of

the foreign trade in the zone was 5.487 billions $.

In 2009 The municipality has approved the project to increase the zone, that actually

occupy 105.15 km2 and was divided by different tematic areas: China Light Industry

Mold Town, Zhejiang Far East Industrial Town, Eastern Urban New city, Coastal New city,

Western Urban Park, Overseas Talents Industrial Park and Science and Technology

Innovational Center.

Coastal New city

La Coastal New city is one of the greatest areas of the economical development zone of Yuyao

with 67 km2. Is sited in the Yuyao northern area and is near the Bay of Hangzhou area. The

strategic position of this area allow the use of 5 industrial parks: The industrial park of the

materials with a new kind of fiber, The printing industrial park, the autoimotive components

industrial park, the modern logistic industrial park and the emerging innovation industrial park.

Western Urban Park

The Western Urban Park is in the western area of Yuyao, near the high speed train line,

Hangzhou – Ningbo and the Highway of the Bay of Hangzhou, covering a 13.8 km2 area

The park is dedicated to the development of the hi tech industry like the electro optical

integration, mechanical, electronic information, new materials, new energy , precision

tools and medical and IT environments.

China Light Industry Mold Town

The China Light Industry Mold Town is also sited in the western area of Yuyao in

A 2.1 km2 area. Is the first industrial printing park in the continental China and attracted

already 980 companies in this sector.

The park was made to represent an industrial complex dedicated to the manufacturing,

projecting , R&D, the technical training, the information services, the Purchasing of raw

materials and the trade of equipment for the manufacturing of raw materials.

Zhejiang Far East Industrial Town

The Zhejiang Far East Industrial Town is sited in the southern area of Yuyao and includes

a 2.2 km2 area

This area is dedicated to the development and expansion of Taiwan financed companies,

to the change and the improvement of the companies in high competition sectors, like

the electrical industry and the promotion and introduction of new materials, new source

of energy, and the electronic information.

Eastern Urban New City

The Eastern Urban New City covers a 9.1 km2 area and is sited in the northern eastern

area of Yuyao. Is a residential district eco friendly and people oriented, with cultural,

commercial and entertainment building.

Science and Technology InnovationCenterThe Science and Technology Innovation Center, with a 10.7 km2 area, already hosts 42

Startup companies in the technology sector, in the electronic information, medical and health

and software development.

In this area also stays the ’Overseas Talents Industrial Park’, the first park dedicated to the

attraction of state of the art projects, at The R&D of Experimental projects and large scale

industrial projects. The park is divided by 5 areas dedicated to new raw materials, new

equipments , new sources of energy , biological medicine and electronic information.

Participate – How to

For the industrial project the major of Yuyao signed an agreement with Invitalia to select

italian companies that are interested to agree joint venture with chinese selected

Partners.

The involved sectors are the following:

Renewable sources of energy

Waste mangement and treatment

Water cleaning, filtering and treatment

Automotive (components)

Electro medical and health equipment

Hi tech

Other Made in Italy sectors

Biotechnology

Equipment and aid for the old persons

Equipment and trucks for waste disposal

Automated technologies

Italian companies will receive from the government authority of Yuyao:

Grounds

Licences

Bureaucratic facilities

Brand protection

Banks

Taxation facilities

Custom duties facilities

Financing and/or commercial partners

Who we are

FINITALY & PARTNERS, Italian consulting firm with legal headquarter in Rome and an

international network, helps the companies that want invest and develop new markets

enabling financial funding in Europe and all over the world with particular focus on the

following sectors: Pharmaceutical, food, agricoltural, manufacting, traveling and

hospitality, IT, electronical and source of energies.

The headqurter is in Rome and the subsidiaries are dislocated in Milan, London,

Shanghai, Singapore, Dubai, that support the companies locally with financial

institutions and with the government authorities in every country.

Contacts

Finitaly & PartnersVia S Teresa n. 23

Roma (RM) 00198

www.finitalya.com

Tel. 0645428748 ;

Tel. 0645428749 ;

Tel. 0645429388.

email a.montella@finitalya.it