Jinghong

Why invest in Jinghong

Based on the construction of current 6 pillar industries, such as the development of the industries of forestry, tourism and culture, electric power, animal husbandry and organic food processing, industrial hemp, traditional Dai medicine and South China medicinal plants, Jinghong has been considered by Yunnan Government as the central city of the GMS international cooperation economic zone.

1)     Geographic advantages

Jinghong is the important river port city linking China with Southeast Asian and South Asian countries and regions by land, water and airways. It is the distributing centre for freight and tourism to Southeast and South Asia. It has a bright prospect to be developed as the center of information and logistics. Two national level ports (Jinghong River Port and Xishuangbanna Gasa Airport) and 6 cross border passageways by land, river and air.

2)             Natural resource

a.             Water resources:

There are 71 river channels of Langcang (Mekong) basin flowing through Jinghong with a length of 150 kilometers. The main rivers of Jinghong can potentially produce 777,650 kw electric power. Jinghong hold a total amount of 3.097billion cubic meters water resources.

b.            Land resources:

Jinghong is the second biggest black soil area in China. The total available land is 686,746.66 hectare, (10.30 million mu), of which the utilized land is 629,840 hectare (9.45 million mu), 91.7% of total land area, 56,906.66 hectare (0.85 million mu). Jinghong produces the top amounts of rubber, fructus amomi and cananga odorata in China and well known as the production base for commodity grain, live pig and soft-shelled turtle.

c.             Biological resources:

With the rich dark soil and tropical weather, Jinghong is called as “Green Treasure House” and “Species Gene Bank”. Jinghong has rich biodiversity  with 1861 species of animals, of which 11 species are in the list of national first class protected animals, over 600 vertebrate animals, 400 species of birds, 60 species of beasts. The biggest Primate Research Center in Asian and butterfly breeding farm in China are located in Jinghong. Besides animals, Jinghong area has 3890 species of higher-class plants and 340 precious varieties of trees. There are 44,100 hectares land was set up as the natural reserve area, with 84.46% forest coverage rate. Jinghong was awarded as one of national garden cities in China.

d.            Mineral and geothermal resources:

20 kinds of minerals had been explored , such as iron, manganese and tin etc. Meanwhile, a total of 15 hot spring and mineral spring spots have been founded.

e.             Ethnic culture and tourism resources:

With 13 ethnic groups in Jinghong, various cultures, from dressing, daring, traditional medicine and medical treatment methods, religious, music and arts, customs and festivals, provided a huge business opportunities on tourism and culture industries. With a average amount of 2 million tourists per year and higher level tourism services, Jinghong was awarded as one of excellent tourism cities in China.

(Source:  Jinghong Investment Promotion Office, 2009,  http://www.jhszs.cn/fwzxshow.aspx?showid=84)

Investing in Jinghong

According to the 11th Five-Year Plan, Jinghong government is planning to make great efforts on developing three economic belts, which are located on riverside, north and south of river.

The six pillar industries of forestry, tourism and culture, electric power, animal husbandry and organic food processing, industrial hemp, Dai traditional medicine and South China medicinal plants need to get strengthened.  Meanwhile, in order to increase farmer’s income to be over thousands-yuan per capita, the government will also pay attention on top six projects, namely rubber, crops and tea, animal husbandry and aquaculture, fruits and vegetables, industrial hemp (Cannabis sativa L), non-wood forest product.

There are opportunities open to investors, including transportation, new energy, industry, agriculture, forestry, water conservancy, environmental conservation, trade, infrastructure, basic industry and high-tech industry, biological resources development and innovation, and technology, education, culture, health and medicine, sports etc fields.

(Source:  Jinghong Investment Promotion Office, 2009, http://www.jhszs.cn/fwzxshow.aspx?showid=83)

Catalogue of Priority Industries for Foreign Investment in Xishuangbanna (2010-2015)

1)     Characteristic Biological Industries, highlight the construction of the production and planting base for tea, fruits and medicinal materials and tropical and subtropical crops.

2)     New  Industries, highlights the development of natural rubber intensive processing, research and development of Dai and south China medicines, green food processing, deep-processing of China-hemp (industrial hemp, Cannabis sativa L), bamboo, rosewood and bowlder etc. ecological products.

3)      High-tech Industries, modern agriculture, new energy and basic industry for transportation.

4)     Cultural tourism and leisure tourism industries featured some tourist development projects for tropical rainforest landscape and ethnic minorities’ custom show.

5)     Infrastructure construction of border ports, modern logistics services, and export and import processing industries.

6)     Infrastructure development of education, culture, sport and health etc. public and municipal areas.

7)     Environmental conservation and ecological construction.

8)     Science and Technological enterprises or research and development institutions, funded by foreign investors in collaboration with Chinese universities , research institutes and enterprises.

Source: the 12^th Five-Year Development Plan (2010-2015) for Foreign Economy of Xishuangbanna

Application Procedure for Establishing a Foreign Invested Enterprise

(Source: 1) General approval and registration procedures chart, Establishing a Foreign Invested Enterprise in China, by A Norton Rose Group Guide, Norton Rose LLP 2010 Edition No. NR8079; and 2) Application Procedure for Establishing a Foreign Invested Enterprise, Official website of Jinghong Investment Promotion Office, http://www.jhszs.cn/fwzxshow.aspx?showid=87)

Tourism Opportunities in Jinghong

Jinghong has been a popular destination for tourists since the mid-1980s. At the end of 2012, there are 8.832 million tourists in total visited Jinghong. The total tourist income of Jinghong city has reached to RBM 10.188 billion, which increased 352.89% compare to the value of 2005.

Jinghong Tourism Profile, 2012 

(Source: Xishuangbanna Information Port http://www.jhtravel.gov.cn/newshow.aspx?id=51114)

Tourism Statistic of Jinghong, 2005

(Source: the 11^th Five-Year Tourism Development Plan (2006-2010) of Jinghong)

During the past 5 years from 2006 -2010, domestic tourists of Xishuangbanna are mostly from Yunnan followed by Anhui province; meanwhile, 47.06% of foreign tourists are Thai.

(Source: the 12^th Five-Year Tourism Development Plan (2011-2015) of Xishuangbanna)

In 2012, Jinghong government has set up 21 projects as the significant tourist investment projects with actual investment of RMB 3.383 billion (Jinghong official information in 2012).

In the 12^th five-Year Tourism Development Plan (2011-2015) of Xishuangbanna, Jinghong was featured as a comprehensive tourist leisure area for main types of tourism development products and activities, including leisure resorts, high-end conferences, business convention and exhibition, sports and fitness, shopping and entertainment. The plan target Jinhong as the important regional tourism hub and tourist destination by showing ethnic culture, and the tropical tourist cityscape. Jinghong also plan to develop some special tourist townships and villages as main way to reduce poverty and increase local people’s incomes.

Tourism Development Projects of Xishuangbanna (2011-2015 Plan)

(Source: 12^th Five-Year Tourism Development Plan (2011-2015) of Xishuangbanna)

Jinghong Macro Economic Indicators

Main macroeconomic indicators of Jinghong, 2012

(Source: Jinghong Government Work Report, 2012)

1. Gross Domestic Product (GDP)

The Gross Domestic Product of Jinghong in 2012 has reached to 12.49 billion at the end of 2012 with 14.2% growth rate comparing to 2011. The GDP per capita increased from RMB 14,185 in 2011 to RMB 30,628 with a year growth rate of 16.7%.

Gross Domestic Product (GDP) and Growth Rate of Jinghong (2008-2012)

Source: Jinghong Government Work Report 2012, the Official Website of Jinghong Government, 2013-03-07) http://www.jhs.gov.cn/newsArt.aspx?channel=/zwxxgk/zfgzbg/&sn=79576

Note:

Primary Industry: Farming, Forestry, Animal Husbandry and Fishery

Secondary Industry: Mining and Quarrying, Manufacturing, Production and Supply of Electricity, Water, Fuel Gas and Construction.

Tertiary Industry: Other economic activities not included in primary or secondary industry, such as services of farming, forestry, animal husbandry and fishery, communications and transportation, storage and postal serves, information transmission, computer software services, wholesale and retail trade, hotel and food services, banking, real estate lease and commercial services, scientific research and technical service, geological prospecting, health care, social security and welfare, culture, sports and entertainment, public management and social organization.  (Refer to the Yunnan Statistical Year Book 2012)

2. International Trade and Economic Cooperation

2.1 International Trade

The total value of foreign trade of Jinghong has been increased from RMB 65.06 million in 2011 to USD 175.20 million in 2012 increased 21.9% over the year of 2011. (Jinghong Government Work Report, 2012).

Main Foreign Trade Indicators of Xishuangbanna in 2012

Total Value of International Trade and Growth Rate of Xishaungbanna (2008-2012)

 (Source: Economic and Social Development Bullet of Xishaungbanna, 2012)

In 2011, the total value of foreign trade through Jinghong harbor is USD 99.19 million, decreased 22.2 % compared to previous year. The total value includes USD 79.84 million for import with decreased rate of 29.9 % and USD 19.35 million for export with increase rate of 41.7%. Border trade is the main trade mode of Jinghong harbor.

Myanmar is still the first main trade partner of Jinghong with a total trade value of USD 68.63 million in 2011. Thailand is the second main partner for trade with a total trade value of USD 17.35 million.

The volume of exported products is keeping increasing. Main products exported from Jinghong harbor include fireworks and crackers (USD 9.74 million), konjaku flour (leopard palm flour, USD 5.72 million), engineering machinery (USD 1.22 million) and diesel oil (USD 2.02 million). This four products account for 96.6 % of the total value of all exported products. The rest exported products are chemical fertilizer and beer. The local enterprises are the main actors of border trade. (Source: Xishaungbanna News, http://www.bn888.com/news/newshow_9688_1.html)

International Trade of Jinghong harbor, 2011

As the news reported in July 2013, the total value of foreign trade (January -June 2013) of Jinghong harbor has reached to USD 38.383 million, increased 37.3% compared to the same period of last year.

Main international trade products and value from Jinghng Port (January –June 2013)

(Source: Xishaungbanna News, http://www.bndaily.com/xsbnb/jjzk/91778.shtml)

2.2 International Economic Cooperation

There are five on-going economic cooperation projects between Xishuangbanna – Laos and Xishuangbanna – Myanmar.

(Source: 12^th Five-Year Plan (2011-2015) for International Economic Development of Xishaungbanna)   

3. Agriculture outputs

The total value of agricultural outputs reach to RMB 11.519 billion in 2012 with 7.3% increased than last year.

Volume and increase rate of the main agricultural products, Xishuangbanna, 2012

Volume of Dry Rubber output of Xishuangbanna, 2012

4. Industry outputs

The total value of industrial output of Xishuangbanna in 2012 is RMB 8.507 billion with the 14.5% increased.

Total output value of industrial industries of Xishuangbanna (2008-2012)

Output and Increase Rate of Major Industrial Products of Xishuangbanna, 2012

5. Transportation

The city has the largest public transportation center in Xishuangbanna and connects travelers to nearby cities, towns and villages.

Main roads in Xishuangbanna connect China to south east countries.

·         China National Highway 214

·         China National Highway 213

·         Asian Highway Network AH3

·         Kunming-Bangkok Expressway

Four Grade-National ports

Research and Development in Jinghong

College:

·         Xishuangbanna Vocational and Technical College: http://www.xsbnzy.com/

Academy and Institution:

·         Tropical Crop Science Research Institute of Yunnan Province

Address: 99 Xuanwei Ave, Jinghong 666100, Xishuangbanna, Yunnan, China

·         Tropical Forestry Research Institute, Yunnan Academy of Forestry

Contact: Jiang Yundong

Tel: +86 (0) 691－2468130

Address: Puwen, Jinghong, Xishuangbanna, Yunnan, China

·         Fisheries Research Institute of Jinghong

Address: Manfeilong Reservoir, Jinghong, Xishuangbanna, Yunnan, China

·         Yunnan Xishuangbanna Primate Model Animal Center

Address: Guanping Village, Dadugang, Jinghong, Xishuangbanna, Yunnan, China

Jinghong Economic Zones

Jinghong Industrial Park is an on-going 15 years project (2006-2020. It is one of three industry parks in Xishuangbanna, and one of 30 key industry parks in Yunnan province. With a planned area of 31.7 square kilometers, the park comprise of Gadong and Jingha two areas. The total construction investment was estimated as RMB 5.3 billion, RMB 0.176 billion per square kilometers.

The targeted main industries in the park include high-tech and biological technology industry, pharmacy, organic food processing, packaging and color printing, tourism products and textile and garment processing, imported and exported products processing and modern services.

Two industrial areas of Jinghong Industrial Park

As of December of 2011, there are 26 enterprises and 29 projects, of which 21 industries projects, 6 logistics and real estate projects, 1tourism and 1 moving resettlement projects in Jinghong Industrial Park.  The projects are related to tourism integrated development, Furniture manufacturing, food production, automobile assembling, rubber processing, machine manufacturing and jade processing.

Contacts:  Mr. Tang Li Tel:  +86 (0) 691 899 8031 Fax: +86 (0) 691 899 8032 Email:   [email protected]

Address:   No.1, 14, Jinghong Industrial Park, Melong Road, Gadong District, Jinghong 666100, XIshguangbanna, Yunnan, P.R.China

Website:  Jinghong Industrial Park, http://www.jhgyy.com/

Source: Jinghong Industrial Park, http://www.jhgyy.com/  

In order to enhance the economic cooperation with foreign countries, Jinghong has been constructing Modern Logistics Center Park since 2009 and will complete the construction in 2015 within planned 57 hectare area, which includes the basic facilities for logistic storage and related supporting facilities with a total investment of RMB 700 million.

Another Jinghong Water Border Port Logistic Park project is listed in the 12^th Five-year plan too. This park has been started 2012 and will end in 2015 with 16000 square meters area and total 20 million investment. (Source: Xishuangbanna 12^th Five-Year Plan for Foreign Economic Development of Xishaungbanna)  .

Jinghong Financial Services

The credit policy of Xihuangbanna gave more support on some key areas, including key construction projects, featured enterprises, industrial enterprises, livelihood projects and “issues of agriculture, farmer and rural area”.   There are over 20 types of credit products supporting those projects. Recent years, some small scale financing institutions have been fast developed in Xishaungbanna. There are 17 small loan companies and 8 bonding companies in 2012, which  facilitates SME’s development in Xishuangbanna.  (Source: Financial support to local business development of Xishuangbanna, Bureau of Statistics,

Source: http://xxgk.yn.gov.cn/canton_model1/newsview.aspx?id=2160058)

Jinghong Business Associations