Investment Environment

Superior Natural Environment
Shaoyang municipality is located between latitudes 25°38'N and 27°38', longitudes 109°50'E and 112°06' E. In the whole municipality there are complicated landform, wide mountain region, fertile land nd aboundant rainfall. It is of subtropical and wet mansoon climate with an annual average temperature 15.8℃-16.2℃, frost-tree period 266-294 days, sunshine time 1347-1615.3 hours and precipitation 1172.8-1500 mm and long growth period. It is suitable for growth of various crops.

Low-priced Labour Resource
Shaoyang has a population of 7.3 million including rural labours 3.55 million. The spare labors usually exceed 1.5 million. Among the available labors, more than 70% have been trained by more than junior middle school. Every year, the whole municipality has 800000 labors work as a casual laborer in coastal region. In the municipality, the wages of labor are RMB 350-400 yuan for one person per month, which is twice or three times as low as that in the coastal areas.

Rich Natural Resource
Shaoyang municipality abounds in natural resources. The rich minerals of momferrous metal and nonmetal enjoy high reputations in Hunan Province.And there are 7.4 kinds of surveyed minerals such as coal, iron, fungsten, tin,antimony, manganese, gold, marble, gypsum, rare-earth,etc. The bamboo resources rank the first in Hunan province. Forestry land in Shaoyang amounts to 35.21 million cubic metre with forest coverage of 70%. Various farming and sideline products of oranges, daylily flowers, job's tears, tea,ginger, chili, garlic, Chinese chestnut and so on are on good sale at home and abroad, Shaoyang enjoys exceptional advantages in developing animal husbandry, It has grass hills and grass land six million mu. Nanshan pastureland and Huangjin pastureland have long been famous in the world. Besides, the development of fourism resources has wide prospects. Al Qing, a world famous contemporary poet, highly prassed the Xinning Langshan Scenic Spot: "Guilin's mountains and rivers are the beautiful in the world, but Langshan's scenery is even more beautiful than that of Guilin".

Agriculture
Shaoyang municipality owns land area 31.218 million mu including cultivated area 4.93 million mu which turn out 2.7 million tons of grains, 4 million dans of oranges, 0.1 million dans of navel oranges, 0.14 million dans of day lily flowers, 0.37 million dans of chilis. Rice, oranges, medicinal herbs are main products in Shaoyang's agricultural economy. Xuefeng mandarin oranges, Virusless Navel Oranges, Longhui chili, garlic, ginger enjoy high reputations in the world. Tea, dried slices of tender bamboo shoots, honeysuckle have long been famous. Shaoyang has become one of the largest national Navel Oranges producer. Wugang Navel Oranges are appointed as major gifts for foreign echange by the Foreign Ministry. Shaoyang is also one of the largest national high-quality chili producer and a base of seedless watermelons seeds and seedlings in our country. Shaoyang is suitable for construction of tarm or processing of farming and sideline products. The plant of Chinese medicinal herbs in Shaoyang has developed rapidly. Shaoyang has the largest Chinese medicinal herbs market on south China-Lianpial Chinese medicial herbs terminal market. The olts of Chinese medicinal herbs production bases of honeysuckle, the bark of magnolia, the bark of eucommia, and etc. are all over Shaoyang. A modern high technical industrial park with Chinese medicinal herbs processing as major is under construction.

Forestry
Shaoyang municipality is a major forest zone in Hunan Province, In the whole municipality there are 17.79 million mu of forest land and more than 2800 kinds of forest plant resources. The main forest trees have more than 120 kinds such as China fir, mason pine, bamboo and so on. Every year there are 450000 cubic metre of timber for other places. The main medicinal plants have 1600 kinds such as the bark of eucommia, bark of magnolia, honeysuckle, the root of balloonflower and so on. It is suitable for the processing of timber, paper industry, paper-making, traditional Chinese medicinal herbs plant and process.

Animal Husbandry
Shaoyang municipality also more than six million mu of grass hills and grass land including 1.97 million mu 58 sites of continous grassland above 10000 mu each. In the whole municipality there are 419 kinds of animals and brids. It has constructed over 200 livestock farming bases with annual capacity of 7 million heads of pig. The municipality will continue to construct six breeding lean-meat pigs bases in Shaoyang, Dongkou and etc. six counties, enlarge seven commodity cattle prlduction bases in Xinning, Suining, Chengbu and etc. seven counties, construct several goat breeding bases in Suining, Dongkou and etc. six counties, construct breeding birds(goose, duch) bases in Wugang, Dongkou and etc. five counties, construct grass hill development demonstration bass center on Nanhan Livestock Breeding Farm and Huangjin Livestock Breeding farm. The construction of these bases can provide many investment opportunities for the foreign investors.

Completed Industrial And Mining Enterprises
Shaoyang municipality has 2426 industrial enterprises including 175 enterprises directly under the jurisdiction of the municipal government with fixed-assets RMB 6.4 billion yuan. The complete industrial system covers practically tens of thousands of kinds, which involve chemicals, machine, textiles. Light industries, electronics, medicines, building materials, metallurgy, coal, electric power, including chemicals, machine, textiles, light industries, building materials, as its mainstay. The main products are printing machinery, textiles machinery, hydraulic pressure piece products, automobile parts, series chemical products of benzene, chemical industry material, paper and insulation paper board, continous spinning viscose filament, chemical fiber and textile products, chemical synthetic medicine, series manganese products, battery, wine beverage. In 1970s, 1980s Shaoyang once was the major industrial city in Hunan Province, wihich also took on important place in China. In order to speed up industrialization and meeting international challenge, Shaoyang municipality enhance transforming outmoded enterprises, specially transferring property right. The profitable enterprises allow the fordigners invest as stock or wholly purchase. The deficit enterprises can be transferred use right gratuitously. With the most preferential policies, we sincerely welcome the friends at home and abroad coming Shaoyang for investigation, discussin and striving together for a brilliant future. The investors may take any forms of cooperation such as purchase, annex, joint venture, monopoly, cooperation and etc.

Tourism
Shaoyang enjoys exceptional advantages in developing tourism resources.It has many places of historic interest and scenic beauty such as: the national grade scenic spot,and climbing up rocks train base of Mt. Langshan scenic spot,the Ulanbar prairle in south China of Mt. Nanshan scenic spot, the White Cloud Lake scenic spot,the sixty-ninth of the seventy-two national places of perfect happiness of Mt.Yunshan scenic spot.Suining Huangsuang scenic spot is called "magical oasis" by the United Nations. Shaoyang is still famous for other scenic spots such as: Xinshao Baishui Hole, Dongkou Huilong Sand-bar, Shaodong Liuguang Lake, Longhui Weiyuan Lake, Gaozhou hot spring, Shaoyang county heron sand-bar and Peach blossom island. Shaoyang urban district's scenic spots are more beautiful, which are the Autumn Moon above two rivers, Shuifu magical temple, the East Pogoda stands facing North Pogoda, the color music fountain, boating on the river in the evening", snow scenery in Shehu and so on . "12 finest sceneries of Baoqing", each of them has its own charm. They are so enchanted as to make sightseers forget sbout home. We sincerely welcome foreign investors come here to develop scenic spot, construct and manage tourism service facilities.

Transportation
The transportation in Shaoyang municipality is very convenient. Every town even most of village have highways. The National Highways No.320 and No.207 run through the whole district. The Loudi-Shaoyang Railway line connection the Hunan-Guizhou trunk railway line can reach everywhere in the country. The Provincial Highways No.1814 has been restructed and reach Hengyang City. It is an very important road to Zhujiang Delta for Shaoyang's economy. The Xiangtan-Shaoyang Expressway has put into service. The Luoyang-Zhanjiang Railway will be completed in July,2003.Shaoyang will be another new important hub of communications in central area of Hunan Province.

Energy Resources
The resource of water energy is rather rich in Shaoyang municipality.The surveyed reserves are 1.44 million KW,among which can be developed 0.7 million KW in the near future and now have developed 0.18 million KW.At present the electric power of the eastern area of the municipality is provided by east China electric power net and the western mountain district is provided by small hydropower stations and small thermal power stations which constructed by themselves. There are five hydropower stations for construction in Xinshao,Suining five counties and there are great profits of investment.