Foreign Investment
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.

Foreign Trade
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.

Relevant Cost

Land
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

Labor
2007 guidance for annual salary of different labor division of enterprises in Nanjing

The details on more types of works can be found in Nanjing Social Security Web: www.njlss.gov.cn

Service for foreigners

Schools
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
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.

Hotels
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.

Residence
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

Investment Procedures

Examining & Approving Procedures to Establish a Joint Venture

Service Agency

Business Departments for foreign trade in Nanjing

Other service departments for foreign investment

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.