Project: Cars and Auto Parts Manufacturing Project

Industry: Manufacturing

Project Site: Anji County

After experiencing high growth for about two years, the market survey for car sales shows that a steady growth rate of about 10% will be achieved. Benefitted by the market demands from a export, after sales service market and import substitution, the sales growth for auto parts will be better than the car sales. Because the prices of raw materials is expected to fall and the pressure for car sales in the market is relieved, the performance for the auto parts companies will be improved and better than anticipated.

Now Zhongche rubbers (Anji) Co., Ltd. with a total investment of RMB 4.1 billion, China Ocean Oil (Huzhou) New Energy Co., Ltd. and other companies on NC processing and hardware machinery have settled in the park. The park has laid a solid foundation for the development of automobile industry. The preliminary plan for the project covers a land area of 800 mu and makes new energy cars and special purpose vehicles etc.                                                                    

Project Progress: 

Anji Economic Development Zone Northern Industrial City covers a total planned area of 17.9 km² and links with Hangzhou-Changxing Expressway and Shanghai-Jiaxing-Huzhou Expressway. In the future, the site will set up a high speed railway and intercity rail station to connect with the central area of Hangzhou city. Now the 6000-mu land acquisition and relocation for the project has been finished. The infrastructure construction is completed as well. It will become the kernel area for the development of Anji’s industrial economy in the next several years.

The project is planned to cover a land area of 80 mu and totals an investment amount of USD 30 million.        

Co-operation Form: Foreign wholly owned or joint venture

The foreign companies which invest in Anji Economic Development Zone will enjoy the preferential policies offered by the local investment. Now there are a number of large companies such as Asia Pacific Machinery and Electric, Japan Fujikura Rubber, Zhengqiang Universal Joints and Fengjin Marine Gear Boxes etc. settled in Anji Economic Development Zone.   

As a provincial development zone, Anji Economic Development Zone was established in 1992, covering an administrative area of 375 km², 235 enterprises above the designated size, of which 45 are the big enterprises with more than hundred million yuan. In 2011, the enterprises above the designated size in the development zone fulfilled a sales income of RMB 15,64 billion and industrial added value of RMB 2.68 billion. The development zone realized a fiscal revenue of RMB 1.45 billion and a foreign investment of 6.81 million US dollars, a registered domestic investment of RMB 530 million. Anji development zone is the leader of the economic development in the county, and was listed at the eighth place among 50 provincial development zones in the comprehensive examination and evaluation in 2011.

                Contact Person: Cha Yin

                Telephone: 0572-5098888        Fax: 0572-5098888

                 E-mail: chayin_2004@163.com

                 Address: Anji Linggang Economic Area, Zhejiang Province 313300