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Investment Guide
Investment Environment
Economy
 
In 2003, the provincial gross domestic product reached RMB 283 billion Yuan, up by 13.0% than previous year. The primary, secondary and tertiary industry increased by 2.7%, 24.4% and 7.4% respectively compared with the previous year. Public ownership economy developed stably in reforming and opening up, whereas mixed and private ownership economy developed rapidly. The fiscal revenue went up continuously. The fiscal revenue amounts to RMB 28.58 billion Yuan increased by 21.9%.
 
Agriculture
 
Jiangxi is an agriculture-oriented province. Its main agricultural output is among the top ten of China. In 2003, the value of agriculture output rose 2.7% to 84.163 billion yuan, grain output totaled 14.503 million tons reduced 6.4% than last year. Diverse industry systems have been set up, such as automobile, machinery building, electronics, chemical engineering, metallurgy, construction material, food, textile and medicine, etc. Some of the dominant industries and enterprises developed rapidly and became the backbone of Jiangxi's economy. In 2003, the provincial gross industrial increment reached RMB 84.9 billion Yuan, up by 18.4% over the previous year. In 2003, the value added of industries of independent accounting industrial enterprises in the province was RMB 44.031 billion Yuan, up by 21.0% over the previous year, among which the public-owned enterprises was RMB 19.92 billion Yuan, accounting for 45.2% of the total value added; the non-public enterprises was 24.111 billion yuan, accounting for 54.8%; the enterprises invested by the investors from foreign countries, Hong Kong, Macao and Taiwan was RMB 4.714 billion Yuan, up 35.0%. Heavy Industry, with an increase of 20.1% to RMB 29.531 billion Yuan, developed faster than the light industry, which increased by 15.4% to RMB 14.499 billion Yuan.
 
Fixed Assets Investment
 
The gross fixed assets investment reached RMB 138 billion Yuan in 2003 with an increase of 49.3%. The basic industry and infrastructure were further enhanced with a betterment of the investment environment. The construction of 69 major projects, which took RMB 58.934 billion Yuan, achieved remarkable success.
 
Domestic Trade
 
The sales of consumer goods kept growing smoothly with a pattern of buyer's market. In 2003, the gross volume of retail was RMB 92.32 billion Yuan, 11.7% higher than in 2002. Subtracting inflation rate, the actual growth was 11.6%. The retail volume of consumer goods in city-level increased by 12.1% with a total of RMB 45.53 billion Yuan, and in rural area rose 11.4% to 46.79 billion yuan.
 
Foreign Trade and Economic Cooperation
 
The assortments of exported commodities numbered 1193 (classified into 58 varieties) ,were exported to 153 countries and regions. Since the registration of the first foreign-owned enterprise in Jiangxi in 1984, the number of foreign-invested enterprises has reached 2939 by the end of 2003. In 2003, the gross volume of imports and exports was US$2.528 billion, up 49.2% over 2002, with US$1.505 billion from exports, US$1.022 billion from imports. In 2003, $1.664 billion of foreign investment was virtually utilized and 759 projects of utilizing foreign investment were newly approved, with the contracted amount of foreign investment volume reaching US$2.331 billion. The amount of investment in the contracts of foreign engineering projects, labor co-operation and designing consultation was up 49.1% to US$125.93 million, realizing US$148.25 million, up 10.0%.
 
Finance and Insurance
 
By the end of 2003, deposits in financial organs across the province totaled RMB 323.958 billion Yuan, 53.162 billion more than in 2002, up by 16.4%. Among the deposits, personal savings in both rural and urban households rose to RMB 201.545 billion Yuan, 30.828 billion more than the previous year, up by 15.3%. The credits held by the banks totaled RMB 254.528 billion Yuan, 40.776 billion more, by 19.1% up. In 2003, insurance income was RMB 6.977 billion Yuan, up by 47.4%.
 
Science, Technology and Education
 
Since the founding of the People's Republic of China, Jiangxi has implemented 16,000 scientific and technological projects of various forms, witnessing about 10,000 achievements. Totally, Jiangxi has won 88 national scientific and technological prizes and has been granted 5,256 patents from 11,000 applications. In 2003, the employed staff in scientific and technological area in state-owned enterprises added up to 688,000.They have won state-level prize for scientific and technological improvement twice. Among 2,434 patent applications of the year, 1,238 were granted patents. More scientific and technological activities were carried out. Institutions engaged in technical trade numbered 521 and the volume of business with the 2721 contracts was RMB 830 million Yuan. Education has made great progress. By the end of 2003, there were 32 universities and colleges, 18 adult institutions, 131 adult vocational schools. In 2003, 2562 postgraduates were enrolled, leading the total number to 5711. Institutions for higher education enrolled 141600 new students with a total number increasing to 3586. Secondary education developed quickly. There were 155100 students in secondary vocational schools and 144000 students in senior secondary vocational schools. There were 2.2866 million students in junior high schools and 1.2657 million children (99.01% of school-age children) in primary schools. Adult education has also made remarkable progress, with 143,100 students in adult study institutions and 15,900 in secondary vocational schools.    
 
Population and Environment 
 
According to the statistics sample survey, in 2003, the population was 42.5423 million; the birth rate was 1.407%, the death rate 0.598% and the natural growth rate 0.809%.   
 
Environmental protection was further enhanced. 86 environmental monitoring stations were established. 57 natural protective zones, 20 scenic spots and 52 forest parks were set up throughout the province. 134 anti-pollution projects were completed within the set time. There were 65 smoke/dust control zones in 19 cities (including county-level cities), covering an area of 516.8 square kilometers. 53 anti-noise pollution zones had been set up, covering 256.6 square kilometers. 
 
Infrastructure
 
In 2003, the turnover volume of commodities was up 9.1% to 87.5 billion ton kilometers, among which railway transportation rose 11% and road transportation by 2.5%. The transportation volume of carried passengers was up 10.8% to 53.7 billion person-kilometers, among which railway transportation increased by 2.3% and road transportation 4.5%.
 
Water transport in Jiangxi has a good inland waterway system, which totals more than 5537 kilometers. There are 712 berths and 56 ports with a total annual designed handling capacity of over 10000 tons. Jiujiang is the only port city in the province. With its advantageous geographical location situating on the intersection point of the Yangtze River and the Beijing-Kowloon Railway, it has been a major distribution centre for Jiangxi, Anhui, Hubei and Hunan provinces. Jiujiang is also a major inland water-transportation centre at the middle reaches of the Yangtze River. The Jiujiang Port, now opens to foreign trade, has a cargo-handling capacity of more than three million tons a year. It can accommodate 5,000-ton freighters sailing directly to Hong Kong, Japan and other Southeast Asian countries.
 
Railways 
 
The province has a well-developed railway network, and there are a total of 2241 kilometers railway lines and 200 railway stations within the province.   Major trunk railways include Jingjiu line(Beijing-Kowloon ), Zhegan line ( Hangzhou-Nanchang ), Yingxia line ( Yingtan-Xiamen ), Ninggan line ( Nanjing-Nanchang ) , Xiangjiu line( Xiangtang-Jiujiang ), Xiangji line ( Xiangtang-Ji'an ) and Wujiu line ( Wuhan-Jiujiang ).
 
In coming years, a new national trunk railway running along the Yangtze River will be constructed. The new railway will cross various provinces and municipalities including Sichuan, Hubei, Jiangxi, Anhui, Jiangsu, Chongqing and Shanghai and greatly enhance economic development of the Yangtze River Valley. Other railways that are under construction are: Gan-Long Line, Tong-Jiu Line.
 
Highways 
 
Jiangxi has established a comprehensive highway network including the Nanchang Bridge and the Nanchang-Jiaotan section of the Nanchang-Jinjiang motorway, Changzhang Expressway between Nanchang and Zhangzhou, the Jiujiang-Jingdezhen Expressway and the Ganyue Expressway linking Nanchang, Ji'an and Ganzhouwith Guangdong province. Among the total length of 37,318 kilometers, 30.48% are of the first or second classes. Almost all the county-level areas have asphalt roads and all the towns have been open to traffic. In the Tenth Five-Year Plan, Jiangxi will construct 1,000 kilometers of new expressways and improve the conditions of over 10,000 existing expressways. The total amount of investment is expected to be over RMB 50 billion.
 
Air Transport 
 
There are five airports locating in Nanchang, Jiujiang, Jingdezhen, Ji'an and Ganzhou. Chartered flight from Nanchang to Hong Kong is available. The 4D-level Changbei Airport in Nanchang forms the air transportation net with the airports in Ganzhou, Jingdezhen, Jiujiang,and so on, hence accelerating Jiangxi's opening-up to the outside world.
 
Telecommunications
 
 The post and telecommunication industry developed rapidly, offering more new business opportunities. All the places above the county level are equipped with program-controlled telephones. By the end of 2003, the capacity of program-controlled switchboards reached 5.483 million terminals, in every 100 residents, there are 22.6 telephones available. The users of mobile phones reached 5170,287. Internet users increased to more than 1.351 million. The total output value in post and telecommunication reached RMB 27 billion-Yuan. Quality service in post and telecommunication was improved remarkably.
 
Electricity 
 
Jiangxi is carrying out the principle of generating electricity with both thermal and hydraulic power. Five large hydroelectric power stations and ten thermal power plants make the province almost self-sufficient in electricity. The major thermal power plants are the Guixi, Jiujiang, Jiujiang No.2, Fengcheng, Nanchang, Fenyi, Xinyu, Leping, Jingdezhen and Pingxiang electric power plants. The major power stations are the Wan' an, Zhalin, Jiangkou, Hongmen, hydroelectric, Shangyoujiang and Luowan power stations. In 2003, the total output of electricity was 31.535 billion kwh, guaranteeing the development of national economy and the demands of people in the province. The province is planning to build a network of electric power projects along the Yangtze River and the Beijing-Kowloon Railway, in order to support the country's strategic development along the Yangtze River and take advantage of the opening of the Beijing-Kowloon Railway. The key projects include the construction of the 4กม300,000 Kilowatt Fengcheng Electric Power Plant, the 2กม300,000 Kilowatt third stage project of the Jiujiang Electric Power Plant, the 2กม300,000 Kilowatt Mt. Jinggang Power Plant and the 180,000 Kilowatt Taihe Hydroelectric Power Station.
Development Zones
 
There are many development zones in Jiangxi, such as Nanchang National Hi-Tech Industrial Development Zone, Jiujiang Open and Development Zone, Gongqing Open and Development Zone, Xinghuo Hi-Tech Industry Development Zone, Yunshan Economic & Technological Development Zone, Sanghai Economic & Technological Development Zone, Changbei Open and Development Zone, Jinniu Open and Development Zone and Yinsanjiao Open and Development Zone. Ji'an Hedong Economic Development Zone, Ganzhou Huangjinling Economic Development Zone, Fuzhou Jinchao Development Zone , Jiangxi Red Star Economic Development Zone, Damaoshan Economic Development Zone, Anyuan Economic Development Zone, Jingdezhen Hi-Tech Development Zone, Lushan Open and Development Zone, Sanqingshan Tourism Economic Development Zone, Nanchang Changling Development Zone .