Funing Economic Development Zone
----the Promising Hot-Land
Jiangsu Funing Economic Development Zone was founded on Oct 1998, and authorized as the economic zone at the provincial grade by the People's Government of Jiangsu Province on Apr 2002. The total area of the De¬velopment Zone is 20.8km2, including 14 residents' committees. At present, there are more than 250 enterprises in the Zone (including 8 enterprises invested by the listed companies, 38 enterprises exclusively invested by the foreign businessmen, 2 enterprises invested by Top-500 companies, and 42 enterprises with the investment over RMB 0.1 billion Yuan). In addition, there are residents of 30000 persons, and the workers of 36,000 persons. In 2007, the economy of the Zone keeps developed healthily and rapidly. It's estimated that the investment in 2007 would be as much as RMB 2 billion Yuan, 38% more than last year. The financial revenue would be RMB 0.18 billion Yuan, 60% more than last year. And the actually utilized foreign investment is US 68 million dollars, double of last year.