Changzhou National Hi-Tech District attracts overseas investors

Changzhou, in the southern part of Jiangsu province, and sitting between the two metropolitan cities of Shanghai and Nanjing, is attracting a new wave of foreign investment.

Established in 1992, the Changzhou National Hi-Tech District (CND) is the major development zone in Changzhou. It lies to the north of the city, bordering the Yangtze River in the north and the Shanghai-Nanjing Railway and Beijing-Shanghai railway in the south.

So far, over 10,000 enterprises, mostly from Europe and the United States, have registered in the high-tech district, of which 5,000 are industrial enterprises and about 1,000 are overseas-invested companies.

The CND encourages both Chinese and overseas investors to set up scientific research institutions as well as high-tech enterprises with export orientation, knowledge-intensive and low-energy consumption and high added value. Which is, indeed, the way much of China is going.

The CND is about 160 kilometers away from Shanghai and about 100 kilometers far from Nanjing or two hours to Shanghai and an hour to Nanjing.