Welcome to www.cztrade.gov.cn！

　　General Introduction of Cangzhou

Cangzhou is located in the southeast of Hebei Province adjoining Beijing & Tianjin in the north and facing Bohai Sea in the east from where the Shandong Peninsula and the Liaodong Peninsula are separated. There are 10 counties, 4 cities, 2 districts and 2 State-owned farms under its jurisdiction. It covers an area of 140,000km2 with a population of 6.63million. Cangzhou was approved as one of the cities in the economic zone around Bohai Sea by the State Council in 1988 and was ratified as the third chemical city by the former Ministry of Chemical Industry in 1995.
　　
Cangzhou enjoys convenient transportation. The north-south railways of Beijing-Shanghai and Beijing-Kowloon run through the city. The national highways of Beijing-Guangzhou, Beijing-Fuzhou and Yinchuan-Qikou run across its territory. With the Shuozhou-Huanghua railway, Beijing-Shanghai and Shijiazhuang-Huanghua expressways being open to traffic and the Huanghua Port open to navigation, Cangzhu now is an important passageway combining such regions as middle south of Hebei Province, northwest of Shandong Province, Shaanxi and Inner Mongolia to the international market.

Cangzhou is abundant in talented people and local products. Far back to ancient China, here we’ve got famous doctor Bianque and militarist Sunbin in Warring States (475B.C.—221B.C.); in Tang Dynasty we got geographer Jiadan and poet Gaoshi; general editor Jixiaolan who edited “Sikuquanshu (Imperial Collection of Four)”and Mr. Zhangzhidong, the pioneer of Westernization Movement in Qing Dynasty; Mr. Zhaobosheng and Mr. Mabenzhai, the revolutionists in Chinese modern history; Cangzhou also is the hometown of the famous contemporary writers Mr. Wangmeng, Jiangzilong, Liuxi, the artists Mr. Lidelun and Ms. Peiyanling.
　　
Cangzhou is famous for Acrobatics, Wushu(martial arts), Ya pear, golden-thread dates. It is also hometown of casting and elbow & fittings. The “China Wuqiao Acrobatic World” was listed as one of the folk tourist attractions by the State Tourism Bureau. The Cangzhou Iron Lion and the Moslem Mosque are historical relic units that have been importantly preserved by the government. The Baiyangdian Lake in the Cangzhou territory has been reputed as “a pearl of North China”.
　
Cangzhou benefits a lot from its rich natural resources. It occupies 95km of coastal line and is one of the largest bases producing salt in China. It yields 110,000tons of aquatic products such as fish, shrimp and crab every year. There are 2 oilfields in Cangzhou---the North China Oilfield and the Dagang Oilfield with abundant reservation of crude oil and natural gas.
　　
Cangzhou has achieved a lot after adjusting industrial structure. For agriculture, it has formed 4 lines such as animal husbandry, herbage, vegetable and fruit-bearing forest; for industry, it forms a frame supported by chemical industry balancing with light industry, textile, mechatronics, medicine and building material. The Cangzhou Chemical Industry Co. Ltd., Cangzhou Refinery Plant, Cangzhou Fertilizer Co. Ltd. and the No. 1 Refinery Plant of North China Oilfield are leading enterprises of chemical industry. There are more than 70 kinds of chemical products such as fertilizer, caustic soda, petroleum products, PVC resin and TDI, etc. Cangzhou also is a famous base producing wire & cable which output accounts for one quarter that of the whole country. The non-State economy grows rapidly in Cangzhou. In 2000 the productive value of township enterprises accounted for 51% of GDP of Cangzhou.
　　
Cangzhou people are friendly and hospitable. They attach great importance on keeping words and credit. Welcome investors both from home and abroad to Cangzhou for tour, investigation and co-operation.

　　Cangzhou City Government

Stipulation on the Introduction of Foreign Capitals

Feb., 2004

This stipulation is made and issued in reference to the relevant policies and statutes of the state and provincial governments in order to encourage the introduction of foreign capitals.

Article 1 Those production foreign investment enterprises (excluding the items under the state regulation), whose term of business operation is ten years and above, are awarded 20% of local portion of value-added tax within 3 years from the date when the production starts, except for the preferential in enjoying all the state's taxation reduction and exemption policies concerned.

Article 2 Those non-production foreign investment enterprises, whose term of business operation is ten years and above, are awarded 25% local portion of business tax within 3 years from the date when the business opens, except for the preferential in enjoying all the state's taxation reduction and exemption policies.

Article 3 Those high-tech foreign investment enterprises and the product-exporting enterprises confirmed by the provincial government authorities in charge of foreign economy and trade are awarded 20% of local portion of business tax within 3 years from the date when the business opens, except for the preferential in enjoying all the state's taxation reduction and exemption policies.

Article 4 The local portion of the administrative charges (excluding the terms in specific uses under the state regulation) is refunded to the newly-established foreign investment projects.

Article 5 For the construction land of foreign investment enterprises, according to the investment amount, field and mode, the land use is given priority to be listed in the year-plan, arrangement and fulfilling formalities. For the projects conforming to the mode in agreement, the land transfer charge will be on the lowest price standard.

Article 6 For the foreign investors merging and sharing the enterprises of our city, the preferential is given in reference to the above 5 articles.

Article 7 For the investors outside Cangzhou in mainland China with the investment above 5 million RMB yuan or high-tech projects, the preferential is given in reference to that given to foreign investment enterprises.

Article 8 The legal person, the natural person or the entrusted person (called “introducer”) at home and abroad, unlimited to unit property and identity, will be awarded. The government staff members in charge of introducing domestic and foreign investment will be awarded by their units according to their own methods.

Article 9 The introducer introducing domestic (out of Cangzhou) or foreign investors will be awarded 1.0% of the amount arrived with the investment amount below 10 million USD, 1.5% of the amount arrived with the investment amount equal to or above 10 million USD. The award proportion is the same whatever the investment is in RMB yuan or USD dollars.

Article 10 If introducing non-interest loan from foreign government, financial institutions or economic organizations with the usage period over one year, the introducer will be awarded 5% of the amount.

Article 11 if introducing projects of processing with samples, materials and assembling parts of foreign clients or compensation trade, the introducer will be awarded 1% of actual annual processing fees or 5 ‰ of contract compensation amount of money.

Article 12 If introducing foreign sole investment project, the introducer will be awarded with the reward given by the local financial department of tax-payer place. If introducing joint venture or cooperation projects, the introducer will be awarded with 30% of the reward given by the local financial department of tax-payer place and 70% of that given by the beneficiary of the project. The reward is in RMB yuan.

Article 13 If introducing foreign capital used in real estate or infrastructure including communication, power, water and natural gas, the introducer won't be awarded.

Article 14 The time limit of reward payment: 30% of the amount arrived will be given within one month when the project capital arrives and the left will be given within one month when the project is completed and put into operation. The reward concerning other fields will be paid within one month when the contract is formally signed and the capital (equipment) arrives.

Article 15 The introducer awarded should pay individual income tax.

Article 16 All stipulations in disconformity to this one will be subjected to this stipulation.

Article 17 All counties (cities, districts), development zones, administration areas can formulate their own stipulations according to this stipulation and report to Cangzhou City government for putting on record .

Article 18 The Opening Affairs Office of Cangzhou City government has right to interpret this stipulation.

Article 19 This stipulation will be executed from the date of issue.

Welcome to www.cztrade.gov.cn！