Featuring Parks

I. Wuhan Export Processing Zone

Hubei Whan Export Processing Zone was set up under the approval of the state council on April 27 2001.In June 2001, the zone passed the state examination and was enclosed to operate.

The Zone lies in Wuhan Economic & Technological Development Zone, one of the state –level development zones in China.

In line with international practices, the zone is planned ,designed and constructed in high standards. The infrastructure facilities including roads, drainage, sewage treatment ,power supply, telecom ,computer networks have been completed. Customs, wheelhouse ,standard workshop and canteen are available. Enterprises in the zone can go through all import and export formalities conveniently and timely.

As a special area for the development of export processing industry ,the zone can grant export processing enterprises several competitive edges:

• Preferential Policies: double preferential policies for national development zone and export area.

• Quick Customs Declaration: declare only once ,reviewed only once and inspected only once

• Easy Foreign Currency Exchange: Free foreign currency use.

• Abundant human resources: Talented labor force with low cost.

• Perfect infrastructure: Plentiful water and power supply with low cost.

• Convenient transportation: As pivot of national traffic, it is convenient for both domestic and international purchase and sales.

• Goods Inspection Free: Normal products are free of goods inspection.

II. Modern Logistic Park:

Modern Logistic Park is based at southwest of WEDZ and intersection of National Highway Jingzhu and Hurong. The programmed area is 0.8 km2 . Convenient traffic and beautiful natural environment offers a professional logistic site for investors.

The base for incubation, R&D and industrialization of high-tech projects

Located by the Nantaizi Lake and covering 2 KM2 , the park is the base for incubation ,R & D and industrialization of high-tech projects. Service center for start-ups and information center have been set up in the park to provide legal and policy consulting service, giving assistance in projects application and registration , and extending financial and policy support . Service in products promotion and exhibition will also be provided.

At present, many high-tech enterprises have settled in the park .To name a few, we can take Putian China, Haier Group, Huangzhong High-tech, Long-march Rocket, Qianjing Medicine and Baike Medicine as the typical ones.

III. Electric Vehicle Industrialization Park

Main founders of the park are Wuhan Electric Vehicle Co., Ltd., Wuhan E & D Investment Co., Ltd., and Dongfeng Motor Co.Hybrid bus and car is the current R & D project.