Changsha Kaifu District

Located at the northern part of Changsha, with the exact coordinates at 28°13' north latitude and 112°57′ east longitude, Kaifu district is at the eastern bank of the Xiangjiang River and the southeastern junction of the Liuyang River and Xiangjiang River.

It borders Changsha county and Furong district in the east, Yuelu district in the west, Wangcheng district in the north, and Tianxin district in the south.

Kaifu District is located in the northern part of Changsha, with a total area of 188 square kilometers and a permanent resident population of nearly 850,000.

Kaifu District covers a total area of 188 kilometer squares, including 65 kilometer squares of built-up area and 3,307 hectares (33.07 kilometer squares) of arable land.

By the end of 2017, the registered population was 488,000, among which 446,900 people were non-agricultural population.

Firstly, Kaifu District has abundant preferential policies. It has issued some industry supporting policies, such as the "Opinions on Accelerating the Development of High-tech Industry led by the Military-Civilian Integration Industry", "Incentive Measures for Promoting the Development of Financial Industry in Kaifu District", "Opinions on Supporting the Development of Maker Space". It is obvious that Kaifu District has great advantages in policy supporting.

Secondly, Kaifu District has fostered a good vibe of starting businesses. The number of corporate entities has increased rapidly and the strategy to encourage innovation and business start-ups is in full swing after streamlining administration and delegating powers to lower levels.

Thirdly, Kaifu District offers low cost of production factors and safety guarantees.

The house price of Kaifu District is relatively low compared to that of cities in other parts of central China, such as Nanchang, Hefei and Wuchang. It is easier to buy houses here, and the cost of utilities and construction is relatively low.

In terms of the cost on transportation, it is rather cost-efficient. Taking the 20-feet container for example, it takes 4 days and costs 1,200 yuan to Shanghai by waterways, 10 days to Hong Kong for 2,300 yuan, about 10 days to Los Angeles for 10,475 yuan, 11days to Osaka for 2,700 yuan, 35 days to Hamburg for 6,750 yuan, 13 days to Singapore for 2,700 yuan, and about one month to New York for 18,000 yuan.

If transported by railways, it takes about four days and cost 3,600 yuan to Beijing, three days to Shanghai for 2,800 yuan, only two days to Guangzhou for 2,200 yuan. Through International aviation, less than half a kilogram costs six dollars to Hong Kong, 11 dollars to Japan, 10 dollars to South Korea and Taiwan, 12 dollars to the countries of Southeast Asia, 17 dollars to Australia, 18 dollars to Western Europe, 17 dollars to America and Canada, 28 dollars to South America and 30 dollars to Eastern Europe, the Middle East and Africa.

In terms of the cost of utilities, the electricity price is relatively low. The average electricity cost for industrial use is 0.628-0.886 yuan/kwh and 1.01 yuan/kwh for commercial.

The water cost for industrial use is 2.2 yuan/ton and for commercial use is 3.4 yuan/ton. The gas cost for industrial use is 3 yuan/m3. Compared to the price of Yangzi River Delta, the price here is 20% lower for electricity, 30% lower for water and 7% lower for gas.

In terms of the cost of human resources, Kaifu District has significant advantages compared to the coastal cities. The labor cost in Kaifu District is only half of that in some developed cities such as Shanghai and Shenzhen. To be specific, ordinary workers cost 1,500-2,500 yuan per month, general technicians 2,000-3,500 yuan, junior employees 2,000-3,500 yuan and senior employees 4,000-6,000 yuan.

As for the proportion of social welfare cost in wages, pension insurance accounts for 20% and medicare insurance accounts for 7%. The insurances for unemployment, injury and child-bearing account for 2%, 0.5% and 0.7% respectively.

In terms of the cost of plant construction, the construction or rental cost in Kaifu District is 20%-30% lower than that in coastal cities. It costs 500-800 yuan/m3 to construct a monolayer light-weight steel structure and 800-1200 yuan/m³ to construct a reinforced-concrete frame structure. When it comes to renting, the former cost 10-15 yuan/m³ per month while the latter costs 12-20 yuan/m³.

With clear goals, Kaifu District will focus on the construction of "Five Functional Valleys" of finance, culture, logistics, information and healthcare. To build a finance valley, it will construct a financial business zone with larger scale and better platforms, thus attracting more financial enterprises.

As for the culture valley, it will give full play to the five provincial enterprises so as to develop more business modes and expand the production of new products.

Meanwhile the district plans to build a cluster of creative enterprises in Malanshan and join hands with the Hunan Broadcasting System under the "1+1+X" strategy, welcoming investors around the world.

Kaifu District will strengthen the areas of weakness in sci-tech industry and export-oriented economy. For the implementation of sci-tech innovation, it will give full play to the research institutions of National University of Defense Technology so as to promote the military-civilian integration and the cultivation of sci-tech projects.

Kaifu District enjoys a superior geographic location as it is the only traffic hub in Hunan province that owns a three-dimensional transportation network comprising railway, highway, subway, waterway and aviation.

In terms of railways, Kaifu District has the Beijing-Guangzhou railway and the Changsha-Shimen railway converging within.

As for the waterways, the district is home to the Changsha New Port, an important inland port of Hunan.

Blessed with historical and cultural relics, Kaifu District is named after its ancient temple built a thousand years ago, the Kaifu Temple, and is the birthplace of Hunan Culture and Xiang Embroidery.

Kaifu District is steeped in history and boasts of rich culture. It is home to Gong Academy, the site for Imperial Examination, Chaozong Street, one of the four largest rice markets in ancient China, the former residence of patriotic General Zuo Zongtang (Tso Tsung-tang), and the former residence of the Father of South Korea, Kim Gu.