Reasons for investing in Hebei

Reason 1: Upgraded development plan
With the support of both the central and municipal government, Hebei is to be merged with Beijing and Tianjin to form a regional economy and the National Capital Economic Circle. The development plan for Hebei’s coastal areas has been upgraded and included in the national development strategy, while the central-south Hebei area has been listed among the key development areas of the nation. The new Capital Airport will be constructed at the junction of Beijing and Hebei’s Langfang city

Reason 2: Development in full speed
The province’s infrastructure and functionalities are being upgraded and enhanced

Reason 3: Traditional industries are strengthened and upgraded
Traditional priority industries such as iron and steel, equipment manufacturing and petrochemicals are being strengthened and upgraded, while emerging industries such as new-energy, IT and pharmaceuticals are now under the spotlight. Several service industries are also expanding their scale

Reason 4: Efficient transportation network and seaports
All municipal cities will be connected by high-speed rail in five years’ time. All the county-level cities will be connected by expressways in the next few years. The three major seaports — Qinghuangdao, Tangshan and Huanghua — make Hebei a major shipping point

Reason 5: High return on investment
Hebei offers more than 400,000 hectares of industrial land, ample human resources and is endowed with rich mineral resources and raw materials, and costs are significantly lower — as low as one-third of the neighbouring provinces

Reason 6: Attractive investment environment
A harmonious society with low access threshold, complete with convenient, tailor-made and diversified services provided to investors. Administrative and approval power is delegated to lower levels
Having all these strengths and advantages, Hebei Province is at its prime for investment.