Cixi, located at south bank of Hangzhou Bay, east edged by urban Ningbo, connected with city of Yuyao at south-west, and separated from Shanghai by sea at the north, lies in center area of the Golden Economic Triangle formed by Shanghai, Hangzhou and Ningbo, covering a total area of 1,154 km2 with 78.5 km of coastline northerly, and a population of 1.42 million. “From tidal flat of Tang Dynasty to land of Song Dynasty” presents the history of reclamation through the ages, which have mould the personality that the people of Cixi bear hardships and stand hard work, pioneer and keep forging ahead, has achieved compatible spirit as “the ocean accommodates all rivers on earth”, culture of enclosing and cultivating and immigration’s culture on forgive and concurrently hold. Cixi is one of the origins of the celadon culture in the world, is the important starting point of the famous “maritime ceramic road” too.
Since reform and opening-up, Cixi has made the enormous achievement of socio-economic development. In more than 2,000 counties and cities in China, the socio-economic development composite index of Cixi ranks the 14th, the basic competitiveness of regional economy ranks the 5th. It is one of the top four counties and cities in Zhejiang Province. By 2006, GDP of Cixi had reached RMB 45.02 billion; the added value of agriculture, industry and service industry were RMB 2.279 billion, RMB 27.978 billion and RMB 14.763 billion; financial revenue was RMB 6.201 billion; the total volume of retail sales of the social consumer goods was RMB 15.707 billion. The total volume of retail sales of the social consumer goods has occupied the first place of all counties and cities in Zhejiang Province for 14 years in succession. Foreign trading, foreign investment and foreign economy of Cixi experience linkage development, which fosters an excellent “three foreign” service system. By December of year 2006, self-operated exportation enterprises amounted up to 800 with its self-operated importation and exportation value achieving USD 4.785 billion in which USD 4.053 billion were exported. In 2006, 178 foreign-funded enterprises were newly approved and 80 overseas enterprises were set up.
The advanced industrial economy of Cixi has formed more than 30 industries including hardware & machinery, electronic & electric equipment, plastics & chemical fiber, textile & garments, chemical industry & construction materials, metallurgy etc. with an industrial system of more than 3,000 products. Presently Cixi has more than 30,000 industrial enterprises. In 2006, the total industrial output value of large scale enterprises reached RMB 77.629 billion, which means an increase of 26% compared to the last year. Amongst it, poker cards of Ningbo AAA Groups, tyre fabrics of Kingring Group and mini-bearings of Cixing Group have a production value stay dominant in the world. At present the industry of Cixi is developing by direction of scale-up, intensivism and internationalism.
Cixi could supply quality infrastructures such as transportation, telecommunication, power supply, water supply and 13,000 hectare of unique developable resources of sea-shoal. In year 2003, Hangzhou Bay Bridge with its southern bridge site in Cixi started construction, and it will be put into service in 2008. This construction fulfills the reality to enable China’s national north-and-south traffic main artery---Tongsan Line to cross Hangzhou Bay, which will shorten overland distance between Shanghai and Cixi by more than 120 km, turning Cixi as a traffic key post to Shanghai, southern Jiangsu Province, northern Zhejiang Province and south-eastern Zhejiang Province, and especially highlight Cixi as an idealistic hot land for investment. So establishment of the bridge will bring tremendous influence to the economy of Zhejiang and Shanghai, even the entire Yangtze Delta.
Cixi is an idealistic treasure-land for investment in coastal China in the 21st century. We cordially open “green passage” to inland and overseas investors, and pursue common development with friends all over the world to enter the global “e-era”