Investment Information

　　200 million RMB is planned to be invested in phase II of the under constructed Yangpu Harbor to finish the main body of berth No. 3 and No. 4 this year.

　　Yangpu Parquet Factory, a Sino-French joint venture with an annual capacity of 850,000 square meters and a total investment of 154 million RMB, run on trial successfully in January 2001.

　　A pulp mill invested by SINAR MAS Group, with an annual capacity of 600,000 tons and a total investment of US$ 1.283b is under construction, with which the material will be supplied from the specially planted 350 mu fast-grown forest on Hainan Island.

　　A rubber processing factory with an annual capacity of 24,000 tons and a total investment of over 32 million RMB is underway.

　　Yangpu Flour Mill covering an area of 352 mu, with a total investment of 860 million RMB and an annual processing capacity of 500,000 tons wheat, will commence construction this year. Besides the factory building and the auxiliary warehouse, a state granary of 200,000 tons will be built at the same site. It will be the biggest flour mill in China upon completion.

　　The preparations of the optic fiber and optic cable factory approved by The State Council has been made progress. With an total investment of 1.68 billion RMB, it will produce 114 tons prefabricated bars and 600,000 kilometers optic fiber annually.

　　A large-scale landscape activity has been taken since May 2000. A total of more than 30,000 coconut trees have been planted along both sides of all the trunk roads in the Zone.

Activities to Lure Investment

　　Cooperation and Negotiation Conference on Yangpu Science & Technology Town, cosponsored by Yangpu Administration Bureau, Science & Technology Department of Hianan Province and Hainan Yangpu Land Development Co., Ltd., was held on Dec. 8, 2000. Agreements and intentions have been reached on 19 projects.

　　With the assistant of Shenzhen Science & Technology Bureau and Shenzhen Science Association, a large-scale investment promotion conference was held from 6 to 8 Nov. to lure investment in Yangpu Shenzhen Science & Technology Industry Park and Yangpu Science & Technology Town. About 500 entrepreneurs from Shenzhen, Guangzhou, Hongkong, Marco and Taiwan attended.

　　Yangpu Economic Development Zone Investment Environment & Preferential Policy Introduction Conference, cosponsored by Hainan Provincial People's Government, China International Trade Promotion Committee and China Everbright Holdings was held in Beijing on July 5, 2001. Nearly 400 people attended, including envoys of various countries, representatives of commerce chambers and entrepreneurs from home and abroad. Governor of Hainan Province Mr. Wang Xiaofeng introduced the special position, investment environment and preferential policies of Yangpu, which called great response in the attendants. Vice Chairman of Standing Committee of the National People' Congress Mr. Wang Guangying attended the meeting.

　　Hainan Province Project Promotion Conference i.e. Hainan Yangpu Economic Development Zone Investment Promotion Conference was held in Wengzhou on May 13, 2001. 13 contracts, agreements and intentions have been signed.