Event: A Tour to Changzhou WEZ Industrial Park
When and where to set up your factory in China? Join this event co-organized by the PTL Group to learn more.
Event Objective
For international SMEs, starting a business in China can be a critical decision, as there are too many aspects to consider and risks to control.
First of all, when or whether to build up your factories in China?
For manufacturing companies, there are several advantages of setting up factories in China. Localizing your production can improve your competitiveness in terms of price, delivery time and after sales support. However, are there only positive outcomes by setting up an independent factory?
The essential premise to set up a factory in China is the ground. Normally the minimum ground you can probably rent from government is around 3000 sqm. Therefore the upfront investment is huge for ordinary SMEs. Moreover, the management of the facility, employment of the local team and operational running of the factory take a lot of time and money as well.
When you have decided to build your factory in China, how to choose the location?
There are a number of factors you need to take into consideration:
- How supportive is the local government?
- Are there any grants I can get from the local government?
- What are the investment and environment requirement in the place you are building your factory?
- Do I need to set it up near the suppliers or customers?
Do you know that there is an alternative way to build your factory but save your time and investment?
Established in March 2012, CI3 Industrial Incubator currently occupies 20,000 sqm in Changzhou with capacity to expand. CI3 provides an industrial platform for small scale, high-end manufacturing with production units from 250 sqm. On this platform, SMEs and start-ups in the manufacturing industry can easily set up a workshop or an assembly line in order to localize their production. All the recruitment, management of the employees can be administrated by the CI3 team. The finance, logistics and facility management can also be taken care by the CI3 team. For headquarters and founders of the business, they only need to focus on the technology innovation and technical training of the employees CI3 helps recruit. (See the chart)
“Start-up Camp” at Changzhou Innovation Park
The tour starts at Changzhou Innovation Park and here you will join a short session of “Start-up Camp”, where you can share your innovated ideas and business, tell your puzzles and meet with seasoned mentors and investors, such as Ping An Ventures. Present your project and win up to 200,000 RMB prize in Changzhou innovation park.
Takeaways:
- Visit the industrial incubator and see how the productions are running from industries like Medical Devices, Automotive spare parts and Food, etc.
- For those who look for investment, you may find your investors here
- Get to know the incentive and support you can get from Changzhou WEZ government
- Broaden your network
Who shall join this tour?:
This tour is ideal for three types of people:
- International SMEs that are looking for places to set up their business/factories
- Start-ups that are looking for small-scale product test and development places
- Service providers that work with international companies
Click here to RSVP.
