"Jiangsu Region: The Economic Gateway to China" Liang Baolin

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13 July 2015 City Hall, Cork Jiangsu Region: The Economic Gateway to China Liang Baolin Jiangsu International Investment Promotion Centre, Department of Commerce

Transcript of "Jiangsu Region: The Economic Gateway to China" Liang Baolin

13 July 2015City Hall, Cork

Jiangsu Region: The Economic Gateway to China

Liang BaolinJiangsu International Investment Promotion Centre,

Department of Commerce

Jiang Region:

The Economic Gateway to China

The director of Division of Development Zone Administrationof Department of Commerce, Jiangsu Province

Mr. Liang Baolin

Department of Commerce of Jiangsu Province

Jiangsu is located at the eastern coast of China, with a total area of 102,600 square kilometers and a population of 79.601 million. It comprises 13 municipalities, with its provincial capital in Nanjing.

Department of Commerce of Jiangsu Province

In 2014, the provincial GDP reached RMB 6.5 trillion or over USD 1 trillion, up 8.7% over the previous year, accounting for 10.2% of the national GDP. The GDP per capita of Jiangsu exceeded RMB 80,000.

RMB 6.5 trillion

Department of Commerce of Jiangsu Province

In 2014, the output value of new & high technology industry reached RMB 5.7 trillion and accounted for 39.5% of the total industrial output.

The added value of the service industry accounted for 46.7% of the GDP.

The innovation capacity and innovation environment of Jiangsu enterprises rank first and the regional innovation capacity of Jiangsu has maintained the first place across the country for six consecutive years.

Department of Commerce of Jiangsu Province

158,000 kilometers of highways 4,488 kilometers of expressways 2,632 kilometers of railways possesses eight 100-million-ton ports

and 9 civil airports

Convenient Transportation

As one of the earliest

opening-up regions in

China, Jiangsu has 273

sister cities in 50

countries around the

world.

Department of Commerce of Jiangsu Province

Th

e fore

ign

trad

e v

olu

me o

f Jian

gs

u

USD 563.76 billion

Export

USD 341.87 billion

Import

USD 221.89 billion

2014

The scale of import and export of Jiangsu has maintained

the second place in China for 12 consecutive years.

The foreign trade of Jiangsu

Department of Commerce of Jiangsu Province

Department of Commerce of Jiangsu Province

Jiangsu leads the country in utilization of foreign

investment for 12 years In 2014, the paid-in foreign investment in Jiangsu

reached USD 28.2 billion By the end of 2014, over 90,000 foreign-invested

enterprises had been set up in Jiangsu accumulated paid-in FDI of USD 340 billion Jiangsu has certificated 67 regional headquarters of

multinational companies

Department of Commerce of Jiangsu Province

Foreign capitals were mainly invested in equipment manufacture, electrical machinery and equipment, telecom equipment, computer manufacturing, wholesale and retail businesses, and business services.

By the end of 2014, altogether 4,018 overseas projects had been approved, with a total contracted investment of USD 27 billion. The investments are spread in 148 countries and regions

Mainly in the fields of manufacturing, business services,

wholesale and retail, real estate, mining, and R&D.

Department of Commerce of Jiangsu Province

2014 In 2014, Jiangsu and Ireland's imports and exports reached 650.38 million

Jiangsu and Ireland

Ireland investment in Jiangsu

Ireland has 37 investment projects in Jiangsu

Department of Commerce of Jiangsu Province

The actual investment about 190 million

Th

e frien

dly

ec

on

om

ic ties

be

twe

en J

ian

gsu

an

d Irela

nd

are

e

xpa

nd

ing

and

de

ep

enin

g

Jiangsu has had 3 investment projects in Ireland with an agreed investment of $1.68 million

There are 8,167 service-outsourcing companies registered in Jiangsu, with 1,046,000 employees.

150

160

170

180

190

200

210

220

the total value of offshore outsourcingcontracts

the total value of offshore outsourcingcontracts that have been carried out reached

USD 20.85billion

up 25% over the previous year

USD 17.47billion

Department of Commerce of Jiangsu Province

up 26.9% over the previous year

Department of Commerce of Jiangsu Province

Development zones in Jiangsu are the earliest ones and

lead the whole nation in terms of development levels in

China. By now, there are 42 state-level development

zones and 89 provincial-level ones.

Innovation parks

parks for featured industries

zones of specialcustoms functions

ecological industrial parks

zones for south-northco-development

new urban areas

distinctive features with complete

functions

Department of Commerce of Jiangsu Province

internet of things

new energy

new material

bio-pharmaceuticals

software and

service outsourcing

energy conservation

and environmental

protection

6 emerging industries

Department of Commerce of Jiangsu Province

Ten emerging industries

new materials new energy energy saving and environment protection

biotechnology andnew medicine

new generation informationtechnology and software

internet of things and cloud computing

high-end equipment manufacturing

new energy cars

smart grid marine engineering equipment

Department of Commerce of Jiangsu Province

The Department of Commerce of Jiangsu is a functional department of Jiangsu

Provincial Government that is responsible for domestic and foreign trade

administration and international economic cooperation.

Department of Commerce of Jiangsu Province

Department of Commerce of Jiangsu Province

An open Jiangsu offers unlimited business opportunities; an

innovative Jiangsu is bursting with vitality; and a developing

Jiangsu is ever promising. Friends from home and abroad are all

welcome to visit Jiangsu, to cooperate with Jiangsu, and to

invest in Jiangsu.

Department of Commerce of Jiangsu Province

Thank you !