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Dalian Optical Communication Industrial Park
BY 2004-03-18 15:46:45

 

Dalian Optical Communication Industrial Park, a big investment project, is faced to modern optical communication industry, which is organized, planned, built, managed and serviced by Dalian Optical Communication Development Co., Ltd.. This project is a big developing project integrating professional developer, investor and manufacture. It imports international advanced optical communication industry including optical materials, devices, and components, equipment and systems by inviting businessman and attracting capitals, forming a complete optical communication industrial chain, promoting the value of the enterprises on the Park's industrial chain, making the Park become to own industrial garden, R&D and home working garden(SOHO), wide-band telecommunication (wire and wireless), ware flow in stuff's living house. Ten utilities are available, i.e., roads, power, sewage treatment, drainage, gas, vapor, ware flow, HDR and telephone line are connected to the edge of the land.
The Park is located in DD port of Dalian High-Tech Zone. It occupys 3000 acres for industrial garden and 3000 acres for home working garden. Total investment in initial stages is about 370 million USD. After finishing the Park, the total investment will be 1200 million USD. The sale revenue will be 3 billion USD with nearly 1 billion USD profit.
The idea of constructing a Dalian Optical Communication Industrial Park(DOCIP)
The 21st century is witnessing the coming of information era, which is based on the industry of electronics and optical communication and demonstrated in the fast development of infrastructure of information freeway with WDM as the leading role in the growth of optical communication and widely application of various optical products.
Optical communication will play an important role in the future world. It is a great cause to channel the foreign hi-tech firms to Dalian to accelerate the development of the local industry in Dalian.
DOCIG is committed to the introduction of advanced industry to Dalian, including material, mould, equipments and the systems. With the technology and production well matched, ensuring every step of the production chain, the enlarging economy scale will be benefiting from the environment of production, research and residence etc.
DOCIG will keep the flow of information, products, technology and capitals without hurdles.
DICIG will be a digital communication industry garden, comprising industry land, SOHO, ADSL telecommunication, products transport and perfect infrastructure.
Foreign Funded Enterprises entered DOCIG enjoy following Preferential Policies:
1. From the day when an enterprise is established until the end of 2010, value added tax(VAT)shall be levied upon a general tax payer at the statutory rate of 17% for the sales revenue from integrated circuits designed and developed by itself. For the part exceeding 3% of total specified levy rate will be refunded at the time it is levied.
2. From the day when an enterprise is established until the end of 2010, VAT shall be levied upon a general taxpayer at the statutory rate of 17% for the integrated circuit products manufactured by itself. The part exceeding 6% of the total specified levy rate will be refunded at the time it is levied.
3. New and hi-tech enterprises based in the Park and with a business term of more than 10 years may enjoy a 100% refund of the income tax in the first two profit-making years and a 50% refund in the third to fifth profit-making years. In addition, they may apply from the public finance department for a governmental fund, in the third to fifth years, as much as the total amount of income tax they paid in the third to fifth years (the part retained by the local government); in the sixth to tenth years, as much as 50% of the total amount of income tax they paid in the sixth to tenth years(the part retained by the local government).
4. In addition to preferential treatment in enterprise income tax, Park-based new and hi-tech Enterprises may apply from the New and Hi-tech Zone for a loan as much as the approved amount of the VAT for hi-tech products made in the first two years of the enterprises(the part retained by the local government).
5. No confirmation letter is needed for importation of equipment for integrated circuit production or design, technologies (including software) accompanied with such equipment and auxiliary and spare parts. The price for such importation is not included in the total investment.
They may be exempted from customs duty and import VAT to the extent that they are in the Catalogue of Commodities Imported for Foreign-funded Projects That Are Not Free from Any Tax.
6. When IC manufacturers with an investment exceeding 8 billion RMB or to make IC products with a circuit width less than 0.25?̍ need to import raw materials and consumption goods for production purpose, they shall be exempted from customs duty and import VAT.
7. Increasing capital or investment is encouraged. Preferential policies are applicable to the part of profit brought by the increased capital upon the confirmation of a public finance department. If a foreign investor of a foreign-funded enterprise re-invests his investment return into the same enterprise to increase the registered capital or invest in other foreign-funded enterprises with a term of more than five years, he will have a refund of 40% of the enterprise income tax paid for the part of his return that is used to re-invest. In addition, the public finance department will grant the enterprise a loan as much as 30% of the income tax it has paid (the part retained by the local government). If a foreign-funded new and hi-tech enterprise receives a total new investment of more than 3 million US dollars with a business term of more than 5 years, the public finance department will provide a loan as much as the enterprise income tax such enterprise has paid for the part of the re-investment (the part retained by the local government).
8. Upon the approval of the new and Hi-tech Zone Administrative Committee and the Customs House, bonded warehouse and factories may be set up in the Park.. If bonded goods are to be sold in domestic market, consent from the approval department and the Customs House must be obtained, and duties, taxes and charges must be paid according to law and regulations. If the goods are under the control of import license, then an import license must be presented to the Customs House.

Contact person: Yuan Chi
Tel: 0086-411-4793612 Fax:0086-411-4793620

(Editor:) (From:China-Dalian.com)
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