Name	SHANGHAI WAIGAOQIAO FREE TRADE ZONE	Area	PLANNED AREA 5.3KM2
Location	North-east part of pudong, shanghai, conjunction between Yangtze river and East Sea. Area of 1.5 KM2 and 4 docks harboring one-hundred-thousand-ton ships.
Infrastucture	5.4 million kw electricity is supplied, 134 transformer substations of 35000 kv, 1 transformer substation of 220000 kv, optical fibre communication, communication capacity of 160000, and ISDN, ADSL are available.
Traffic Connections	Air: 28.8 KM from Shanghai Hongqiao Airport, 23 KM from Shanghai Pudong International Airport
	Port: waigaoqiao port connecting free trade zone and Changjiang
	Road: connecting downtown area through Nanpu Bridge and Yangpu Bridge
Preferential Policies	1. first 2 yrs.-tax free, following 3 yrs.-50% tax discount, 6th yr. -15% tax discount (general enterprises)
	2. Wholly Foreign-owned sales companies are allowed to be established
	3. Domestic trade is transacted through the market in Free Trade Zone
	4. Imported materials are bonded.
	5. Book of guarantee is not needed.
Relevant Cost	Water: RMB1.58 /t (including sewage)
	Electric power: RMB0.29 /kwh to RMB0.87 /kwh(subject to the time)
	Communication: 170000 telecom lines
Personnel Cost	worker: RMB1000/person (average)
	manager: RMB 2500 to RMB 3000/person (average)
Real Estate	Land lease price:USD 100/m2
	Price of Standard Manufactory: USD 420/m2
	Rent of Manufactory: USD 55/m2/year
Administration Address and Contact Person	Shanghai Wai Gao Qiao Free Trade Zone, Business and Trade Section of the Administration Commission No.2, Hua Jing Road, Wai Gao Qiao Free Trade Zone, Shanghai Tel: 86-021-50461100
Senior consultant	YISHI Law Firm Address: CIMIC Tower 1703,1090 Century Ave.,Shanghai Pudong 200120 Tel: +86-(0)21-68754728 　Fax: +86-(0)21-68757148 E-mail: yishilf@yishilf.com