Urumqi New and Hi-tech Industry Development Zone

Development Status
　　Established in 1992, Urumqi New and Hi-tech Industry Development Zone is the only of its kind at the state level in Xinjiang. The zone is located in the city of Urumqi and 10 km away from Urumqi International Airport and Railway Station. The state-approved overall planned land is 18.75 km2 in area, of which 2.4 km2 of land has been developed as the first stage, and a land of 3.5 km2 is well under development as the second stage. In the zone scientific research institutions are densely distributed. Besides, the zone boasts many experts, good environment for living and complete and developed infrastructure facilities.

Through 9 years of development, infrastructure facilities in the 2.4-km2 start-up area of the zone have completely improved. The followings have been built: First Business Invitation Zone of Diamond City, Industry Zone, Second Business Invitation Zone of Satellite Square, Scientific and Technological Street of Guizhou Road, Scientific and Technological Street of Diamond City. By the end of 2000, 679 enterprises had been established in the zone, including 51 foreign-invested enterprises with the total foreign investment of 121 million USD; 147 new and hi-tech enterprises that accumulately implemented 300 hi-tech projects of which 134 ones have been commercialized and 53 ones were listed in the ＾Torch Program￣ of the state. ＾Red industry and green industry￣ represented by the deep processing of the competitive-edge resources of Xinjiang is developing rapidly in the zone. Annually, the zone increases 49.5% in its income from technology, industry and trade, 63.6% in the industrial added value and 85.2% in the volume of export. A management and service pattern of ＾working in one building and one-station service￣ was adopted for the zone. So, as for projects with complete certificates, all the formalities concerning construction can be gone through within 7 working days and the construction can be started.

　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　
Development Orientation and Ideas

With the aim of turning the zone into a modern city district of science and technology and the base for the industrialization of hi-tech industry, and with ＾cultivating environment, optimizing service, inviting business (research) and investment (expert) and effective direction￣ as the guide ideas, focusing on the industrial competitiveness, with setting up hi-tech industry with Xinjiang characteristics as the mark, by innovation and concentrating efforts on the improvement of enterprise environment, five strategies will be implemented so as to develop by leaps and bounds in an effort to transform the zone into a base for hi-tech research and development, commercialization and industrialization of achievements, incubation of enterprises, export and talent training and into a model for practicing the important ideas of ＾Three Represents￣.

Great efforts will be made to develop four industries with local characteristics such as biomedicine, new materials, new energy and IT industry. New and high technologies will be developed and used to upgrade traditional industries so as to promote industrial restructuring. Much work will be done to introduce talents, train professionals for the management science and technology, build science and technology base and advance self-development capacity by relying on science and technology. The construction of a multi-park zone will be accelerated so as to achieve the balanced development of hi-tech industry, regional economy and society.  
　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　
Cooperation Intent　　
　　1. Bioengineering technology and the product.

2. New medicines and the production technology.

3. Technology related to new material and the products.

4. New building materials and new construction technique.

5. New energy and highly efficient energy-saving technology.

6. IT

7. Integration technology of photo electricity and machine and the products.

8. New separating and extracting technology for fine chemical industry.

9. New and hi-tech for light textile industry.

10. Remote sensing, telemeasuring and exact standard measure technology.

11. Radiation technology.

12. New technology related to fresh keeping, storage and package.

13. Technology for eco-environment protection.

14. Advanced technology enhancing the ability of Xinjiang for the deep processing of resources.

15. Other tertiary industry projects serving the development of traditional industries, such as transportation, communication, finance, information and real estate.

  　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　
Preferential Polities　　

The new and high-tech enterprises, which register and operate in the New & Hi-tech Development Zone (NHDZ) and are confirmed by the Autonomous Regional Scientific Commission, shall pay the corporate income tax at the reduced rate of 15% from the date it is confirmed. The newly established new and high-tech enterprises shall, upon examination and approval by the tax bureau of the development zone, be exempted from corporate income tax for the first three years, and pay the corporate income tax at the reduced half rate following the three exemption years from the day the production or operation is started.

Products developed by the new and high-tech enterprises, after confirmed by the state scientific commission and the autonomous regional scientific commission to have reach world advanced level or filled domestic blank and reached advanced level in China, or filled the blank in this regard of Xinjiang, may be granted preferential tax policies formulated by the state. As for value-added tax, the NHDZ shall collect first, and return later (returning the sum handed to the state treasure of the NHDZ)

New enterprises engaged in electric power, telecommunication, postal service, public utilities, traffic and other infrastructure facilities in new area of the NHDZ as well as enterprises engaged in the tertiary industry such as commerce, catering, tourism and hotel service in the startup district of the NHDZ, if the operation period exceeds 10 years, shall be exempted from the corporate income tax for 3 years from the day the business license is obtained; and be exempted from the business tax for 2 years upon the approval of tax administration of the NHDZ.

New enterprises of a production nature that register and operate in the NHDZ, if it is in line with the orientation of policy, pay the corporate income tax at the reduced half rate for 5 years from the year profit is gained.
　　New foreign-funded new and hi-tech enterprises in the NHDZ are granted preferential tax policies enjoyed by domestically-funded new and hi-tech enterprises.
     New joint venture, solely invested enterprise and cooperative joint venture established by enterprises based in other provinces, municipalities and autonomous regions may enjoy relevant preferential policies formulated by the State Council concerning the western region development and policies formulated by the Xnjiang Uygur Autonomous Region for the invitation of business.