AmCham Shanghai's Trade & Investment Center invites you to Tongxiang City Investment Promotion - Advanced Manufacturing and Internet+Tourism on May 15th from 14.00 to 16.00 at the AmCham Shanghai Conference Center. Representatives from Deloitte, Tongxiang Economic Development Zone and Anthony Glass Technology will give speeches on the investment environment in Tongxiang, potential investment opportunities and preferential policies in Tongxiang City. Meanwhile, entrepreneur guests will showcase stories of investing in Tongxiang.
Tongxiang City is located at the turning point of the Yangtze River Delta and in the center of the so-called "Golden Triangle" of Shanghai, Hangzhou and Suzhou, where travel to any of these cities only takes 1 hour by car.
Tongxiang City aims to develop its economy by focusing on advanced manufacturing, while also building up local tourism and the internet industry with Wuzhen as its center. It leverages the inherited advantages of specialized industries such as High-End Equipment Manufacturing, New Materials, the Digital Economy and the Fashion Industry to facilitate the transformation and upgrading of these industries, while supporting the development of a series of new leading and supporting enterprises in the industries mentioned above.
Enterprises in Tongxiang：
In terms of local enterprises, Tongxiang has nourished a large number of industry leaders like Tongkun Group, Jushi Group (world's No.1 for fiber glass), Xin Fengmin Group, Inspirock Group, Huayou Cobalt (world's No.1 for cobalt material), Xinao Textile, Double Arrow Rubber, Jeamo Motor, Hengshi Fiber, and more. There are approximately 30 American-invested enterprises including Air Products, Pacific Millennium-Stone Packaging, Hede Machinery, Ameritech Diagnostic, Anthony Glass Technology，and Youyi Environment that have come to invest in Tongxiang. Tongxiang City has maintained a close business relationship with the U.S. In October 2018, local Tongxiang enterprise Jushi Group officially invested $300 million to build a plant with a capacity of 80,000 tons of fiberglass in South Carolina. The total value of import and export between Tongxiang City and the U.S. reached $720 million in 2018.
Other Competitive advantages:
l Developed Transportation Network: high speed railways, expressways, canal
l Competitive Business Cost: 30% lower than Shanghai, 10% lower than Suzhou
l Complete Infrastructure: access to land, water, power, gas, steam, communications, roads, etc.
l Leading Industries: Equipment Manufacturing (Auto Parts, Machinery), New Materials, Digital Economy, Fashion Industry
l Specialized Platforms: Wuzhen Big-Data High-Tech Park (World Internet Park), Western Bay Alley Industrial Park, Sino-Korean Technology Park, Auto Park, New Material Base, 5G Communication Base, Ping'An New Economy Town
Key Platform for Manufacturing Industry Development: Tongxiang Economic Development Zone (TEDZ)
TEDZ is located in the collective area of Shanghai, Hangzhou Bay Area and Taihu Lake Ring Economic Circles, with a planned area of 93.31 km2. TEDZ was established in July, 1992, as one of the first Economic Zones issued by the Provincial Government of Zhejiang. After years of industrial planning, investment promotion, government guidance and preferential policies, TEDZ has attracted a great deal of outstanding enterprises and formed several competitive industrial clusters including Advanced Equipment Manufacturing led by Automobile and Auto Parts, New Materials and Digital Economy. In 2017, TEDZ ranked No.3 among Zhejiang's provincial economic development zones.
For more information, please contact Summer Xie at Tel: (86 21) 6279 7119 ext. 5661 or email firstname.lastname@example.org
了解更多事宜，请联系 谢仲夏 电话：(86 21) 6279-7119 分机号5661 邮箱： email@example.com