Wednesday, June 17, 2009

2008-2009 Annual Report on Investment Environment Competitiveness of China's E & T Development Zones

In 2008, the Chinese economy stood rigorous tests. As economic globalization has increasingly notable and profound impact, China's economic and technological development zones with intensive operation and export-orientation as basic characteristics present new traits...

Report Highlights

In 2008, the Chinese economy stood rigorous tests. As economic globalization has increasingly notable and profound impact, China's economic and technological development zones with intensive operation and export-orientation as basic characteristics present new traits. Firstly, export-oriented development zones in eastern coastal areas receive great impact from global economic slowdown in investment promotion and exports. There is an urgent need to transform the traditional processing trade model. Secondly, raw materials take up a small percentage in the total cost, and categories at the high end of the industry chain show steady development, which indicates the development direction of economic and technological development zones. Thirdly, development zones have basically completed land development and started to shift to industry development oriented toward industry selection, gradually getting into the phase of functional development, which is characterized by innovation and comprehensive planning. Intermediary agencies play a growing role in investment promotion. Fourthly, comprehensive functional advantages gradually replace industry clusters to become development zones' key attraction. To sum up, by leveraging their distinctive advantages, economic and technological development zones show different characteristics in the new round competition.

We established and has been improving an index system for assessing the investment environment competitiveness of China's economic and technological development zones, covering infrastructure competitiveness, industry ecosystem competitiveness, management service competitiveness, feature policy competitiveness and technological innovation competitiveness. It conducted systematic analysis and assessment of the development zones by investment environment competitiveness, providing decision and investment basis for investors, enterprises and administrators of the development zones. Through detailed data description and analysis, this report examines the changes in economic & technological development zones in 2008 from various perspectives.

In the face of competitions as well as market changes and challenges, the 2008-2009 Annual Report on Investment Environment Competitiveness of China's Economic & Technological Development Zones will help firms, investors and industry insiders to more profoundly comb the investment values and operational patterns of economic & technological development zones, and more accurately grasp the status of the investment environment in the economic & technological development zones:

* In-depth, full and accurate research data: Based on in-depth research in economic and technological development zones' characteristics, the report provides vivid description of changes in the development zones' infrastructure competitiveness, industry ecosystem competitiveness, management service competitiveness, feature policy competitiveness and technological innovation competitiveness, presenting clear development direction.

* All-round in-depth competitive analysis: The report highlights various types of development zones' position and advantages through ranking by index and region, displays hot investment areas in the eastern (including Bohai Rim Area, Yangtze River Delta, and Pearl River Delta), central, western and northeastern regions. Based on its profound understanding of economic and technological development zones, we established AHP matrix system consisting of 5 indexes and more than 30 sub-indexes, and reviews core elements of development zones' competitiveness.

* Systematic and practical comparison of competitiveness: The report provides judgment of development trend and guidance of development direction to help development zones achieve healthier and more harmonious development.