By the end of 2007, 10,459 projects from 104 countries and regions have been approved in Nanjing. The accumulated foreign direct investment amounted to US$17.73 billion. 81 out of Fortune 500 corporations have invested 141 projects in Nanjing, such as BASF, Siemens and Bayer from Germany, Shell from Netherland, BP from UK, Ericsson from Sweden, Fiat from Italy, Ford, Motorola, Bestbuy and Kimberly-Clark from US, Sharp, Itochu, Hitachi, Fujitsu, and Mitsubishi Heavy Industries from Japan, and LG and Samsung from Korea.
More than 2,000 Nanjing companies have developed business with over 200 countries and regions. The volume of annual import and export has exceeded US$ 35 billion, in which export volume exceeded US$ 20 billion. Major export products are mechanical and electrical products, hi-tech products, mineral products, textile and garment products, pharmaceutical and chemical products, etc.
Foreign Economic Cooperation
Cooperation in semi-large and large scale project, technology contract and labor service has been developed between Nanjing and over 60 countries and regions in more than 30 industries, including construction, telecommunication, electronics, mechanics, exploration, ocean transportation, sanitary, harbor construction, complete plant installment, etc. Over 170 solely owned companies, joint ventures and offices are established in more than 40 countries and regions including US, Singapore, Australia and Russia.
The compensated assignment of rights to use state-owned land by foreign invested enterprises is adopted.
Average factory rent: 0.4yuan/square meter/day
Average office rent: 1.5yuan/square meter/day
2007 guidance for annual salary of different labor division of enterprises in Nanjing
|Type of Work||Maximum||Middle||Minimum|
|Production or Sales Manager||199325||37857||14861|
|Sales and Marketing Manager||183916||35578||13099|
|Public Communication Manager||126190||31917||16727|
|Technology||Chemistry Engineering Technician||110442||75229||21324|
|Electronic Engineering Technician||144200||30430||15770|
|Communication Engineering Technician||177845||76950||24160|
|Computer Hardware Technician||86566||30630||18900|
|Computer Software Technician||184597||86143||19005|
|Computer Network Technician||148993||51017||14529|
|Traffic Engineering Technician||129961||70602||42681|
|Construction Engineer Technician||82187||33243||11524|
The details on more types of works can be found in Nanjing Social Security Web: www.njlss.gov.cn
Service for foreigners
Over 30 international primary and middle schools admitting children of foreigners include Nanjing International School, Nanjing Foreign Language School, Nanjing Xiaozhuang International College and Nanjing 21st Century Bilingual School.
Hospitals providing multilingual medical service and green medical passage to foreigners include Jiangsu Provincial People' s Hospital, Nanjing Drum Tower Hospital, BenQ Hospital and International SOS Assistance.
Five-star hotels providing quality service to foreigners include Jinling Hotel, Sofitel Galaxy Hotel, Crown Plaza, Nanjing Kinsley Sheraton Hotel, Grand Metro Park Hotel, Suning Universal Hotel, Xuanwu Hotel and Mandarin Garden Hotel.
Unique humanistic and natural environment provides foreigners with an ideal choice for residence: Jinling Royal Garden, Top Regent Park, Golden Eagle International Garden and Yueya Lake Residential District
Examining & Approving Procedures to Establish a Joint Venture
Business Departments for foreign trade in Nanjing
|Nanjing Foreign Trade and Economic Cooperation Bureau||NO.148 Jianye Rd., Nanjing||84211209/84401105||www.njboftec.gov.cn|
|Investment Promotion Departmentemail@example.com|
|Foreign Investment Administration Departmentfirstname.lastname@example.org|
|Development Zone Departmentemail@example.com|
|Nanjing Investment Promotion Center||NO.148 Jianye Rd., Nanjing||84210439/84210442/
|Nanjing Foreign Funded Companies Association||NO.148 Jianye Rd., Nanjingfirstname.lastname@example.org|
Other service departments for foreign investment
|Nanjing Municipal Development and Reform Commission||NO.43-2 Beijing(E) Rd., Nanjing||83639510/57714796
|Nanjing Municipal Economic Commission||NO.43-2 Beijing(E) Rd., Nanjing||83639019/83639020
|Nanjing Administration for Industry and Commerce||No.46 Jiefang Rd., Nanjing||84597514/84591955||www.njgs.gov.cn|
|Jiangsu Branch Bureau of State Administration of Foreign Exchange||NO.88 Jianye Rd., Nanjing||84790050/84790045
|Nanjing Customs||NO.360 Longpan(M) Rd., Nanjing||84422196/84624475||nanjing.customs.gov.cn|
|State Taxation Bureau of Nanjing||NO. 300 Baixia Rd., Nanjing||84570367/84570751||www.nationaltax-nj.org|
|Local Taxation Bureau of Nanjing||NO.6 Changfu Street, Nanjing||84520783/84793012||njds.nj.gov.cn|
Nanjing is the capital of Jiangsu Province. It is also the political, scientific, technological, cultural and educational center in Jiangsu as well as the science and education cultural center in East China. Currently there are 61 ordinary institutions of higher education in Nanjing, such as Nanjing University, Southeast University. There are over 680,000 college students in school, and every year more than 100,000 graduate. There are also many national research institutes such as Chinese Academy of Sciences Nanjing branch, and more than 500 scientific research institutions in Nanjing with 500,000 staff, of which over 80,000 are employed in IT industry. There are 16 National Key Laboratories, 10 State-Level Engineering Technology Centers, 76 National Key Disciplines, and 131 Post-Doctoral Research Station and Workstations.