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Wujiang Economic Development Zone
    Established in 1992 and covering an area of 800,000 km2, the Wujiang Economic Development Zone has grown into one of the seven largest bases of IT industries in Jiangsu province and has been nominated for three straight years as the Most Advanced Zone.

    With the Wujiang Economic Development Zone as the lead, Songling and Tongli Economic Development Zone as the support, the electronic and IT industry has been formed chiefly on the basis of the investment from Taiwan. At present, approximately 300 electronic and IT enterprises
have settled down in the Zones, accumulating $2

billion foreign capital under contract, among which 40 listed companies from Taiwan have settled down in Wujiang. The Zones develop and manufacture laptop computers, computer hosts, monitors, scanners, cellular phones, and power suppliers, as well as the electronic IT products including the resistance, capacitance, inductance, transformers, circuit ban, tie, hardware elements, plastic products, scanners, monitors, and computers, which have formed an integrated industrial chain. Annually, these enterprises put out 10 million color monitors, 3.6 million scanners, 3 million computer hosts, 5 million portable computers, 220 million micro-engines, 12 million cellular phones and large amount of computer peripheral products, with the export counting for 5 billion dollars. The value added on the enterprise industry in the Zone has occupied 20% in total in Wujiang, and the industrial production value takes up 25% in total, with the import and export amounting to 70%. Thus, the Wujiang IT technology industry park has come into being, and has won its reputation among the international IT industry. Additionally, there is Japan investment industrial park within the Zone.
The infrastructure facilities in Wujiang Economic Development Zone have been perfect, with a capacity for providing over 1 million km2 of standard workshops. The Zone has been equipped with the customs direct inspection office, the supporting logistic centers, and the public bonded warehouse with EDI network.

    The Network Supervising Area of processing trade, situated in Wujiang economic development zone and covering 2.3 km2, is the first national experimental site established with the permission of the National Customs
Headquarters in March, 2002. This is a given area for the customs to collectively manage the networking enterprises of processing trade. All of the enterprises in the Zone are operated by computer network management, exempted from desk accounts and mannuals, and replaced with periodical check, and regular cancellation after verification of the sales. The enterprises within the Zone can enjoy the prestige in advance of getting through the convenient customs formalities of customs clearance, electronic customs clearance, speedy customs declaration, and of the guarantee, inspection and discharging procedures. The in-depth carry-forward operations of the enterprises in the Zone are free from the examination and approval procedures, and can directly clear the customs. Furthermore, the processing operations that are carried out of the Zone enjoy the privilege of risk management, monthly report, and annual auditing and checking.


 
 
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