Taxation Policies
   Investment Costs

Investment Costs     

Investment  Information  of

Dongli Economic Development Area

NO.

DESCRIPTION

STANDARD

 

 

 

A

INFRASTRUCTURE FACILITY

1

BRIEF INTRODUCTION

·DEDA, a comprehensive economic development area was established in June 1992 by approval of Tianjin Municipal Government mainly for industrial project, and meanwhile part of DEDA for commercial use.

·The total planning area is 7 km2, till now it has been finished 3km2 and has almost been transferredNow another 4km2 of the land is being developedand it will be finished and be used at the end of July 2003.

2

ADDRESS

·Located beside the Jintang Highway betweenTianjin downtown and Tianjin Harbor.

·Away from Out Cycle Highway 2km.

·Away from Tianjin Center 14km.

·Away from Tianjin Port 30km.

·Away from Beijing 120km.

3

LIAISON

Investment Promotion DepartmentLi Yingji; Liu Changshuang; Zhang Yueming

TEL: 022-24993730   FAX: 022-24993730

4

WEB SITE

http://www.tjdeda.com

5

E-MAIL

tjdeda@mail.zlnet.com.cn

B

TRAFFIC SITUATION

1

WATER CARRIAGE

The Haihe River at the south of DEDA empty it to Bohai Bay. Tianjin Port 30km away from DEDA is the biggest freight port in the north China. And the biggest container wharf is there, opening to navigation to almost 150 countries and regions and more than 300 port cities.

2

TRANSPORTATION by AIR

Tianjin Coastal International Airport, which can be used as both of cargo and passengers is 3.5 km away from DEDA. It is the biggest air freight center in China till now.

3

HIGHWAY CARRIAGE

·DEDA is beside the highway from Tianjin Downtown to Tianjin Port.

·The Beijing-Tianjin-Tanggu Expressway is away from DEDA 7km in the north.

·Near DEDA there are Jinbin Expressway, Jinshen Expressway and Shanguang Expressway passing by.

·There are several bus lines in DEDA, such as  623830856806931 etc. separately to Tianjin Downtown and Port.

4

TRANSPORTATION by RAIL

·Away from Tianjin East Railway Station 14km.

·The Light Railway Train from Tianjin Proper to Tianjin Port is passing by DEDA.

·Jingshang Railway from Beijing to Northeast China is away from DEDA 1km.

C

INFRASTRUCTURE FACILITY

1

·WATER SUPPLY

·The tap water is coming from Tianjin Municipal Tap Water Plant and accorded with the standard made by the State Council.

·The water pressure is 0.2MPathe water supplying capacity is 80,000ton/day.

2

·DRAINAGE

·The rain water and sewage will be drained separately into different pipes. The sewage will be drained into Tianjin Sewage Treatment Plant, and the capacity of is 60,000 tons.

3

·POWER SUPPLY

·The source is North China Power Net

·The transformer substation in DEDA is adopted cycle power supply by 10KV underground cable.

·The capacity of power supply: 3×20000KVAelectric power frequency is 50HZ.

· Power cut situation: 1 or 2 times annually when the power net is repaired, and enterprise in DEDA will be noticed up to 7 days in advance.

4

·HEATING SUPPLY

·The centralized heating will be supplied by geothermal resources in winterand the temperature can be adjusted by the Heating Supply Center.

5

·HOT WATER

·Abundant geothermal water can be supplied to meet the need of the enterprises for both of bathing and production use.

·Water supply capacitythe average temperature is 65℃,water pressure 4kg/cm2

·The minimum capacity being applied is 20ton/day.

6

·TELECOMMUNICTION

·A program-controlled telephone bureau with an installation capacity of 40,000 has been built in DEDA. And it can provide the customers with such services such as installation of domestic or international telephone, fax and internet.

·Broad Band can be supplied by both of DEDA Telephone Bureau and Dongli Broadcasting Bureau, and the highest flux is10M to desktop.

7

·NATURAL GAS

·The pipe has been buried under the main roads in DEDA.

·The burning degree is 9000 kcal/ m3

·Gas supply ability:200,000m3/daypressure is2kg/cm2

8

·ROAD

·The main road: 50m for breadth, eight carriageways.

·The sub-main road: 20m or 30m for breadth.

9

·LAND

· The land is leveled off and the elevation difference between the land and the road is within ±30mm.

D

FEES

1

·LAND TRANSFER FEE

·The land for industry useRMB380/M2for 50 years

4

·LAND USING FEE

 

5

·LAND RENTING FEE

RMB17/M2/year It’s suitable for those short term leasing enterprises.

6

RENTING FEE for STANDARD WORKSHOP

RMB15~20/M2/month

7

·POWRE SUPPLY

·Installation FeeExemption

·The fee paid on Industry Use: RMBRMB0.55/kwh

·Basic fee on producing usedRMB10/KVA/month

8

·TAP WATER

·Installation FeeExemption

·The fee paid on Industry Use: RMB5.9 /tonincluding drainage fee

·Tap water risk avoid fee on fee calculation without water meters≥RMB50,000(It will be used at emergency like fire fighting etc.

9

·HOT WATER

·Installation FeeRMB24800

·Using Fee: RMB8.8/ton

10

·HEATING SUPPLY

·Installation FeeRMB130/m2

·Using FeeRMB26/M2/year

11

·GAS

·Installation FeeThe amount of daily used×1500×15%

·UsingRMB2.1/M3

12

·TELECOMMUNICATION

·Telephone InstallationRMB205/SET

·Renting FeeRMB35/SET/MONTH

·Using FeeRMB0.2/Minute

13

·BUSINESS LICENSE

·Registration Fee

The part which is below RMB10 million  on the total Registration Capital  will be levied by 0.8;

The part which is exceeding RMB10 million the total Registration Capital will be levied by 0.4;

The part exceeding the RMB100 million will be exempt from the registration fee.

·The Bulletin Fee of Enterprise Establishment is RMB2400.

E

PREFERENTIAL POLICY

1

·PREFERENTIAL TAX POLICY GIVEN by STATE COUNCIL

for Joint Venture, Wholly Foreign Owned Enterprises and  Contractual Sino-Foreign Enterprises

·A production-oriented foreign-funded enterprise in DEDA pays corporation income tax at an after-reduction rate of 24%.

·A production-oriented foreign-funded enterprise of which the operational period is over 10 years is granted an exemption from income tax for the first and the second year and a reduction in income tax by half from the third to fifth year, i.e. a tax rate of 12%, commencing in the year in which the enterprise begins to make profits. In case the enterprise is high tech one, it is granted a reduction in income tax by 12% for 3 more years as long as , according to state regulations, it remains advanced-technology-oriented after the exemption-reduction period is over. In case the enterprise is export-oriented, the income tax will be levied by 10% after reduction as long as, according to state regulation, its export value of the year equals or exceeds 70% of its output value of the same year after the exemption-reduction period is over.

2

OTHER INCENTIVE

·The preferential Land Transfer Fee namely RMB225/m2 will be given to the high efficiency and high tech enterprises.

F

WAGE & WELFARE

1

WAGE & SALARY

·Direct Labor≥RMB700/month

·Common managerial staff≥RMB1200/month

·Senior managerial staff≥RMB2000/month

2

EMPLOYEE WELFARE

· Endowment Insurance 28%, Enterprise takes charge 20%  and Personnel responses for 8%;

· Medicare Insurance 12%, Enterprise takes charge 10%  and Personnel responses for 2%;

·Unemployment Insurance 3%, Enterprise takes charge 2% and Personnel responses for 1%;

·Housing Accumulation Fund 30%, Enterprise takes charge15%  and Personnel responses for 15%.

G

WELL-KNOWN ENTERPRISES in DEDA

1

FOREIGN ENTERPRISE

TOYOTATOYODASumitomoNGFDENSOSTANLEYSSONGYANGITT IndustryClarientDECATHLONTraxitLOHR etc.

2

DOMESTIC ENTERPRISE

HOME WORLD Members like Home Club, Home Town, Home Way, Golden Bridge Welding MaterialHearty Garment

H

LIVING ENVIRONMENT

1

SCHOOL

Sino-Japan Daming School and Sihe Middle School

2

HOTEL

Yuquan Hotel, Longda Hotel, and Home Town Restaurant

3

SHOPPING CENTER

Supermarket named Home Club, Building & Decoration Material named Home Way

4

ENTERTAINMENT

Qingjiang Golf Training Place

Tianjin International Golf Club

Dongli Lake Resort for Entertainment

Dongli Swimming PoolTennis CourseStadium

5

APARTMENT

Hongkong Villa, Longda Apartment

  Copyright : The Administrative Committee of Dongli Economic Development Area, Tianjin·China        P.C.: 300300

Tel86-22-24993730      Fax86-22-24993730    E-mailtjdeda@tjdeda.com