Welcome to Jinghong

Area:              7133 square kilometers Population:       519,935 peoples (2010) 1. Geography and climate

Jinghong is the capital and county level city of Xishuangbanna Dai Nationality Autonomous Prefecture, in the far south of Yunnan province, P. R. China, and the historic capital of the former Tai kingdom of Sipsongpanna.

Jinghong borders Pu'er City to the north, Mengla County to the east and Menghai County to the west, as well as Myanmar's Shan State to the south with a border line of 112.39 kilometers. The city is limited to the south by Hengduan Mountains, and the Lancang River (Mekong) passes through Jinghong. Two bridges near the city span this river, which flows south-east towards Laos.

Climatically, Jinghong contains elements of both a tropical wet and dry climate and a humid subtropical climate. The city has a generally humid climate with strong monsoonal influences. Summer is long and there is virtually no "winter" as such; instead, there is a dry season (December thru April) and wet season (May thru October). Annual sunshine hours amount to between 1800 and 2300 and annual rainfall ranging from 1,100 to 1,700 millimetres (43 to 67 in). The coolest month is December and January, averaging 16.5 °C (61.7 °F), while the warmest is June, at 26.1 °C (79.0 °F); the annual mean is 22.34 °C (72.2 °F). However, high temperatures reach their peak in April before the onset of the monsoon from the Indian Ocean.

Source: Wikipedia at http://en.wikipedia.org/wiki/Jinghong

2. Demographic Profile

Jinghong Demographic Profile in 2010  

(People)

Source: 1) the sixth nationwide population census in 2010, Jinghong Statistic Bureau; http://ww.jhs.gov.cn/home/bn_53280105301/newshow.aspx?id=35968

2) The Yunnan Statistics Year Book 2011

3. Languages With 13 ethnic groups in Jinghong, dozens of languages can be heard throughout the province. Some ethnic languages belong to the language system with the other GMS countries, especially Laos and Thai, which helps a lot for Laos and Thais travelers and business man.  However, mandarin Chinese is used for official purposes and in business. English is not widely spoken in Jinghong, and foreigners will usually require an interpreter. 4. Administrative structure Jinghong administrate 1 downtown Yun Jinghong, 10 townships (2 ethnic minority autonomous townships) and 51 administrative villages.  

Why invest in Jinghong

Based on the construction of current 6 pillar industries, such as the development of the industries of forestry, tourism and culture, electric power, animal husbandry and organic food processing, industrial hemp, traditional Dai medicine and South China medicinal plants, Jinghong has been considered by Yunnan Government as the central city of the GMS international cooperation economic zone.

1)     Geographic advantages

Jinghong is the important river port city linking China with Southeast Asian and South Asian countries and regions by land, water and airways. It is the distributing centre for freight and tourism to Southeast and South Asia. It has a bright prospect to be developed as the center of information and logistics. Two national level ports (Jinghong River Port and Xishuangbanna Gasa Airport) and 6 cross border passageways by land, river and air.

 

2)             Natural resource

a.             Water resources:

There are 71 river channels of Langcang (Mekong) basin flowing through Jinghong with a length of 150 kilometers. The main rivers of Jinghong can potentially produce 777,650 kw electric power. Jinghong hold a total amount of 3.097billion cubic meters water resources.

b.            Land resources:

Jinghong is the second biggest black soil area in China. The total available land is 686,746.66 hectare, (10.30 million mu), of which the utilized land is 629,840 hectare (9.45 million mu), 91.7% of total land area, 56,906.66 hectare (0.85 million mu). Jinghong produces the top amounts of rubber, fructus amomi and cananga odorata in China and well known as the production base for commodity grain, live pig and soft-shelled turtle.

c.             Biological resources:

With the rich dark soil and tropical weather, Jinghong is called as “Green Treasure House” and “Species Gene Bank”. Jinghong has rich biodiversity  with 1861 species of animals, of which 11 species are in the list of national first class protected animals, over 600 vertebrate animals, 400 species of birds, 60 species of beasts. The biggest Primate Research Center in Asian and butterfly breeding farm in China are located in Jinghong. Besides animals, Jinghong area has 3890 species of higher-class plants and 340 precious varieties of trees. There are 44,100 hectares land was set up as the natural reserve area, with 84.46% forest coverage rate. Jinghong was awarded as one of national garden cities in China.

d.            Mineral and geothermal resources:

20 kinds of minerals had been explored , such as iron, manganese and tin etc. Meanwhile, a total of 15 hot spring and mineral spring spots have been founded.

e.             Ethnic culture and tourism resources:

With 13 ethnic groups in Jinghong, various cultures, from dressing, daring, traditional medicine and medical treatment methods, religious, music and arts, customs and festivals, provided a huge business opportunities on tourism and culture industries. With a average amount of 2 million tourists per year and higher level tourism services, Jinghong was awarded as one of excellent tourism cities in China.

(Source:  Jinghong Investment Promotion Office, 2009,  http://www.jhszs.cn/fwzxshow.aspx?showid=84)

 

Investing in Jinghong

According to the 11th Five-Year Plan, Jinghong government is planning to make great efforts on developing three economic belts, which are located on riverside, north and south of river.

The six pillar industries of forestry, tourism and culture, electric power, animal husbandry and organic food processing, industrial hemp, Dai traditional medicine and South China medicinal plants need to get strengthened.  Meanwhile, in order to increase farmer’s income to be over thousands-yuan per capita, the government will also pay attention on top six projects, namely rubber, crops and tea, animal husbandry and aquaculture, fruits and vegetables, industrial hemp (Cannabis sativa L), non-wood forest product.

There are opportunities open to investors, including transportation, new energy, industry, agriculture, forestry, water conservancy, environmental conservation, trade, infrastructure, basic industry and high-tech industry, biological resources development and innovation, and technology, education, culture, health and medicine, sports etc fields.

(Source:  Jinghong Investment Promotion Office, 2009, http://www.jhszs.cn/fwzxshow.aspx?showid=83)

Catalogue of Priority Industries for Foreign Investment in Xishuangbanna (2010-2015)

1)     Characteristic Biological Industries, highlight the construction of the production and planting base for tea, fruits and medicinal materials and tropical and subtropical crops.

2)     New  Industries, highlights the development of natural rubber intensive processing, research and development of Dai and south China medicines, green food processing, deep-processing of China-hemp (industrial hemp, Cannabis sativa L), bamboo, rosewood and bowlder etc. ecological products.

3)      High-tech Industries, modern agriculture, new energy and basic industry for transportation.

4)     Cultural tourism and leisure tourism industries featured some tourist development projects for tropical rainforest landscape and ethnic minorities’ custom show.

5)     Infrastructure construction of border ports, modern logistics services, and export and import processing industries.

6)     Infrastructure development of education, culture, sport and health etc. public and municipal areas.

7)     Environmental conservation and ecological construction.

8)     Science and Technological enterprises or research and development institutions, funded by foreign investors in collaboration with Chinese universities , research institutes and enterprises.

Source: the 12th Five-Year Development Plan (2010-2015) for Foreign Economy of Xishuangbanna

Application Procedure for Establishing a Foreign Invested Enterprise

(Source: 1) General approval and registration procedures chart, Establishing a Foreign Invested Enterprise in China, by A Norton Rose Group Guide, Norton Rose LLP 2010 Edition No. NR8079; and 2) Application Procedure for Establishing a Foreign Invested Enterprise, Official website of Jinghong Investment Promotion Office, http://www.jhszs.cn/fwzxshow.aspx?showid=87)

Tourism Opportunities in Jinghong

Jinghong has been a popular destination for tourists since the mid-1980s. At the end of 2012, there are 8.832 million tourists in total visited Jinghong. The total tourist income of Jinghong city has reached to RBM 10.188 billion, which increased 352.89% compare to the value of 2005.

Jinghong Tourism Profile, 2012 

Items

Amount

Growth rate

Total tourist income  RMB 10.188 billion

(USD 1.656 billion)

31.17 %
Total of Tourists 8.833 million 26.14 %

·         Domestic tourists

·         8.300 million

25.8 %

·         Oversea  tourists

·         0.215 million

37.53 %

·         Overnight stay tourists  

·         4.514 million

·         One-day stay tourists 

·         3.786 million

(Source: Xishuangbanna Information Port http://www.jhtravel.gov.cn/newshow.aspx?id=51114)

Tourism Statistic of Jinghong, 2005

Items 

Number

Tourism Sights

8

·      4A

2

·      3A and below

6

Tour agency

12

·      Domestic agency

4

·      International agency

4

·      Branch of international agency

4

licensed tourist guide

1523

Tour vehicle

502 (no. of taxi: 434)

Star-rated Hotel

> 30

·      5 star

1 (newly opened in 2013)

·      4 star

> 2

·      3 star

10

·      2 star

11

·      1 star

7

Navigable routes to/from Xihuangbanna Airport

18

Average daily arrival flights

58 (94 max)

Annual total amount of passengers

2,307,800

(Source: the 11th Five-Year Tourism Development Plan (2006-2010) of Jinghong)

During the past 5 years from 2006 -2010, domestic tourists of Xishuangbanna are mostly from Yunnan followed by Anhui province; meanwhile, 47.06% of foreign tourists are Thai.

(Source: the 12th Five-Year Tourism Development Plan (2011-2015) of Xishuangbanna)

In 2012, Jinghong government has set up 21 projects as the significant tourist investment projects with actual investment of RMB 3.383 billion (Jinghong official information in 2012).

In the 12th five-Year Tourism Development Plan (2011-2015) of Xishuangbanna, Jinghong was featured as a comprehensive tourist leisure area for main types of tourism development products and activities, including leisure resorts, high-end conferences, business convention and exhibition, sports and fitness, shopping and entertainment. The plan target Jinhong as the important regional tourism hub and tourist destination by showing ethnic culture, and the tropical tourist cityscape. Jinghong also plan to develop some special tourist townships and villages as main way to reduce poverty and increase local people’s incomes.

Tourism Development Projects of Xishuangbanna (2011-2015 Plan)

Tourism Development Projects (Areas)

Total investment (RMB, million)

1.     Development of public tourist services and Infrastructure

5 projects

148

·         Tourism information and service center

1

37

·         Tourists rest stop

12

12

·         tourism toilet

88

44

·         Tourist public sign system

5

·         Self-driving tour camp

some

50

2.     Tourist Attractions Improvement

10 projects

2,765

3.     Tourist small town development (Menglun, Dadugang, Menghan, Gasa, Yiwu, Daluo)

6 towns

29,091

4.     leisure and recreation base for sport and fitness

13 projects

37,095

5.     Tourist featured villages (one village one product, one household one skill)

4 projects

105

·         Villages in Jinghong

11 villages

25

·         Villages in Xishuangbanna Tourist Resort

3 villages

30

6.     Tourist route traffic

5 projects

2,955.3

·         Airport reconstruction and expansion

986.99

·         2nd Class Road of Jinghong-Menglun

1,668.3

·         Lancang – Mekong river international shipping and tourist facilities

100

7.     Build high-end resorts and 4 star upper hotels, and improve supporting  facilities

30 projects

7,564

8.     Other tourist projects

13 projects

96,606

(Source: 12th Five-Year Tourism Development Plan (2011-2015) of Xishuangbanna)

Jinghong Macro Economic Indicators

Main macroeconomic indicators of Jinghong, 2012

Indicators Amount

(RMB, billion)

Increased over previous year (%)
GDP 12.49 14.2
GDP per capita RMB 30,628 16.7
Added value for primary industry 2.92 9.6
Added value for secondary industry 4.12 16.1
Added value for tertiary Industry 5.50 18.8
Total value of out-put of Agriculture 5.071 0.96
Total Investment in Fixed Assets 12.84 26.2
Total retail sales of social consumer goods 4.47 21.2
Total amount international trade USD 175.20 million 21.9
Urban disposable income per capita RMB 20148 14.7
Rural net income per capita RMB 8179 21.4
Total tourist income 9.8 30.2
Actual investment of 59 key projects RMB 4 billion

 

 

 

 

 

 

 

 

 

(Source: Jinghong Government Work Report, 2012)

1. Gross Domestic Product (GDP)

The Gross Domestic Product of Jinghong in 2012 has reached to 12.49 billion at the end of 2012 with 14.2% growth rate comparing to 2011. The GDP per capita increased from RMB 14,185 in 2011 to RMB 30,628 with a year growth rate of 16.7%.

Gross Domestic Product (GDP) and Growth Rate of Jinghong (2008-2012)

Source: Jinghong Government Work Report 2012, the Official Website of Jinghong Government, 2013-03-07) http://www.jhs.gov.cn/newsArt.aspx?channel=/zwxxgk/zfgzbg/&sn=79576

Note:

Primary Industry: Farming, Forestry, Animal Husbandry and Fishery

Secondary Industry: Mining and Quarrying, Manufacturing, Production and Supply of Electricity, Water, Fuel Gas and Construction.

Tertiary Industry: Other economic activities not included in primary or secondary industry, such as services of farming, forestry, animal husbandry and fishery, communications and transportation, storage and postal serves, information transmission, computer software services, wholesale and retail trade, hotel and food services, banking, real estate lease and commercial services, scientific research and technical service, geological prospecting, health care, social security and welfare, culture, sports and entertainment, public management and social organization.  (Refer to the Yunnan Statistical Year Book 2012)

2. International Trade and Economic Cooperation

2.1 International Trade

The total value of foreign trade of Jinghong has been increased from RMB 65.06 million in 2011 to USD 175.20 million in 2012 increased 21.9% over the year of 2011. (Jinghong Government Work Report, 2012).

Main Foreign Trade Indicators of Xishuangbanna in 2012

Indicators

Unit

Amount

Increase over previous year (%)

Total Value of International Trade  USD million

1630.47

40.5

1) Total Value of Imports and Exports USD million

1402. 71

43.2

·         Import

USD million

438.00

47.4

·         Export

USD million

964.71

41.4

2)  Borderer’s Frontier Trade USD million

163.91

31.7

3)  Economic and technological cooperation with foreign countries USD million

63.85

13.8

Total Value of International Trade and Growth Rate of Xishaungbanna (2008-2012)

 (Source: Economic and Social Development Bullet of Xishaungbanna, 2012)

In 2011, the total value of foreign trade through Jinghong harbor is USD 99.19 million, decreased 22.2 % compared to previous year. The total value includes USD 79.84 million for import with decreased rate of 29.9 % and USD 19.35 million for export with increase rate of 41.7%. Border trade is the main trade mode of Jinghong harbor.

Myanmar is still the first main trade partner of Jinghong with a total trade value of USD 68.63 million in 2011. Thailand is the second main partner for trade with a total trade value of USD 17.35 million.

The volume of exported products is keeping increasing. Main products exported from Jinghong harbor include fireworks and crackers (USD 9.74 million), konjaku flour (leopard palm flour, USD 5.72 million), engineering machinery (USD 1.22 million) and diesel oil (USD 2.02 million). This four products account for 96.6 % of the total value of all exported products. The rest exported products are chemical fertilizer and beer. The local enterprises are the main actors of border trade. (Source: Xishaungbanna News, http://www.bn888.com/news/newshow_9688_1.html)

International Trade of Jinghong harbor, 2011

Items Amount (USD million) Compare to last year
Total value of Foreign Trade 99.19 - 22.2 %

·         Import

79.84 - 29.9

·         Export

19.35 41.7 %
Exported main products    

·         fireworks and crackers

9.74  

·         konjaku flour (leopard palm flour)

5.72  

·         engineering machinery (USD)

1.22 9

·         diesel oil

2.02  

As the news reported in July 2013, the total value of foreign trade (January -June 2013) of Jinghong harbor has reached to USD 38.383 million, increased 37.3% compared to the same period of last year.

Main international trade products and value from Jinghng Port (January –June 2013)

Items Amount (USD million) Compare to last year
Total value of Foreign Trade USD 38.383 million 37.3%
Imported Main products    
Manganese ore 18.97 47.1 % (47.4%)
Replacing plant 5.86 -17%

·         Banana

5.34 -15%
Exported main products    
Mechanical and electrical products (to Myanmar) 4.65 1.9 times

·         Mechanical equipment

3.91
Petroleum products

 

6.64 9.7 times

(Source: Xishaungbanna News, http://www.bndaily.com/xsbnb/jjzk/91778.shtml)

2.2 International Economic Cooperation

There are five on-going economic cooperation projects between Xishuangbanna – Laos and Xishuangbanna – Myanmar.

Project Title

Duration

Content and scale

Total investment

Organizer

Location

Laos-China Luang Namtha agricultural science and technology demonstration zone 2010-2014 - Extend to plant High Quality Paddy, maize, cassava, grain sorghum 5000 ha respectively;

– one Hybrid breeding pig farm

– one cattle farm

– one Refined rice processing factory

– refrigerated storage

RMB 13 million Xishuangbanna Jinggu Border Trade Co., Ltd.

 

Luang Namtha, Lao PDR
Laos Yun Manganic Puka Rubber Processing Plant 2011-2015 Produce 20,000 ton try rubber per year RMB 52.82

million

Yunnan  Yun Manganic Group Co., Ltd.
Laos Namo Cement Plant 2010-2013 - Produce 200,000 rotary kiln cement

– Construction phases : 2010-2011 (P-I) &  2012 -2013 (P-II)

RMB 120 million Mengla Huipeng Commercial Trade Co., Ltd.  

Oudomxay, Lao PDR

Lao Zhongwu Rubber Processing Plant 2010-2012 - Build 3 processing production lines

– Produce 60,000 ton dry rubber per year.

RMB 34.00 million Xishuangbanna Foreign Trade Co., Ltd.
Myanmar 4th Special Zone for Opium Poppy Substitution Demonstration

Park (Projects) 

2010-2015 - Plant 400 ha rubber tree,

– 3 Drinking water reservoir (20 cubic meter)

– Classroom of primary school (500 sqm)

– 1 playground for school

– 1 health-center (250 sqm)

– Road in the park

– Build Agricultural science and technology training center

 

RMB 11.18 million Xishaungbanna Shunda Import and Export Trade Co., Ltd

 

4th Special Zone,  Myanmar

(Source: 12th Five-Year Plan (2011-2015) for International Economic Development of Xishaungbanna)   

3. Agriculture outputs

The total value of agricultural outputs reach to RMB 11.519 billion in 2012 with 7.3% increased than last year.

 

Volume and increase rate of the main agricultural products, Xishuangbanna, 2012

Products

Volume (thousand tons)

Increase rate (%)

Sugarcane

881.3

- 9.3

Fruits

698.5

26.6

Grain

452.1

8.9

·         Paddy

244.2

0.0

·         Maize

1.921

18.7

Dry Rubber

292

32

Vegetables

138

9.3

Tea

36.18

17.0

Aquatic products

34.2

2.53

Oil-bearing crops

2.4

2.3

Meat

35.155

6.9

Volume of Dry Rubber output of Xishuangbanna, 2012

4. Industry outputs

The total value of industrial output of Xishuangbanna in 2012 is RMB 8.507 billion with the 14.5% increased.

Total output value of industrial industries of Xishuangbanna (2008-2012)

Output and Increase Rate of Major Industrial Products of Xishuangbanna, 2012

Industrial Products

Unit

Outputs

Increase Rate (%)

Electric energy production

Million kwh

4254.34

2.5

Crude Iron ore 

million tons

3.228

22.9

Iron alloy

tons

1390

- 82.9

Gold

kilogram

943

1.6

Beer

kl

20081

8.8

Sugar

thousand tons

           118.683

- 22.1

Refined tea

thousand tons

25.156

16.0

Chinese patent drug

tons

198

28.3

Cement

thousand tons

738.400

109.5

There are 9 main industrial industries in Xishuangbanna, including industries of rubber, sugar, tea, construction materials, hydropower, mining, biopharmaceuticals, agricultural special products processing industry, and exported and imported product processing. The total output of main industries is RMB 6.896 billion, of which added value account for 55 % as of RMB 3.778 billion.

5. Transportation

The city has the largest public transportation center in Xishuangbanna and connects travelers to nearby cities, towns and villages.

Main roads in Xishuangbanna connect China to south east countries.

·         China National Highway 214

·         China National Highway 213

·         Asian Highway Network AH3

·         Kunming-Bangkok Expressway

 

 

Four Grade-National ports

(1)   Mohan and Daluo land ports

(2)   Jinghong Harbor

Made up of Jinghong, Ganlanba and Guanlei wharfs, Jinghong harbor is the first grade-national port in China. The Lancang-Mekong River international waterway has become a main artery to link China with Southeast Asia and even South Asia. Currently, Jinghong-Chiang Saen, Thailand, and Jinghong-Vientiane, Laos, international waterways has been opened. Visitor can take Bus No.2 to the port directly for CNY2 per person.

The passenger volume of Jinghong harbor reached to 3000 peoples/time/day. The highest cargo handling capacity of Jinghong harbor is 0.4 million tons per year. Through Jinghong harbor, dried longan vegetable oil, rice, timber, minerals and rubber etc. products was imported from South-eastern Asia countries to China.

(3)   Airport: Xishuangbanna Gasa Airport is the second largest airport in Yunnan, located just five kilometers from the downtown of Jinghong. Flights to Kunming, Shanghai, Chengdu and other major cities in China run regularly. There is one weekly international flight to Luang Prabang (resumes 1 November).

Research and Development in Jinghong

College:

·         Xishuangbanna Vocational and Technical College: http://www.xsbnzy.com/

Academy and Institution:

·         Tropical Crop Science Research Institute of Yunnan Province

Address: 99 Xuanwei Ave, Jinghong 666100, Xishuangbanna, Yunnan, China

 

·         Tropical Forestry Research Institute, Yunnan Academy of Forestry

Contact: Jiang Yundong

Tel: +86 (0) 691-2468130

Address: Puwen, Jinghong, Xishuangbanna, Yunnan, China

 

·         Fisheries Research Institute of Jinghong

Address: Manfeilong Reservoir, Jinghong, Xishuangbanna, Yunnan, China

 

·         Yunnan Xishuangbanna Primate Model Animal Center

Address: Guanping Village, Dadugang, Jinghong, Xishuangbanna, Yunnan, China

 

Jinghong Economic Zones

Jinghong Industrial Park is an on-going 15 years project (2006-2020. It is one of three industry parks in Xishuangbanna, and one of 30 key industry parks in Yunnan province. With a planned area of 31.7 square kilometers, the park comprise of Gadong and Jingha two areas. The total construction investment was estimated as RMB 5.3 billion, RMB 0.176 billion per square kilometers.

The targeted main industries in the park include high-tech and biological technology industry, pharmacy, organic food processing, packaging and color printing, tourism products and textile and garment processing, imported and exported products processing and modern services.

Two industrial areas of Jinghong Industrial Park

Industrial Area

Gadong area

Jingha area

Location

3 kilometers far from Jinghong city

Langcang river side

Planned acreage

13.38 skm

18.32 skm

Status

·         Phase I: 1.36 skm (2040 mu) of park area had been completely developed in collaborate with Thai Global Business Alliance Co., Ltd.

·         Phase II: was officially launched in Sep 2010, which will be cooperative developed with Wanda investment team (around 6 skm).

Start early basic work step by step

Targeted Main industries Those industries without pollution or low pollution industries:

·         green food processing

·         tourism and tourism products processing

·         biopharmacy

·         forest products processing

·         machine manufacturing

·         natural rubber processing

·         fine chemicals

·         bamboo pulp paper integration

·         modern logistics etc.

As of December of 2011, there are 26 enterprises and 29 projects, of which 21 industries projects, 6 logistics and real estate projects, 1tourism and 1 moving resettlement projects in Jinghong Industrial Park.  The projects are related to tourism integrated development, Furniture manufacturing, food production, automobile assembling, rubber processing, machine manufacturing and jade processing.

Contacts:  Mr. Tang Li Tel:  +86 (0) 691 899 8031 Fax: +86 (0) 691 899 8032 Email:   gwhzhb@sina.com

Address:   No.1, 14, Jinghong Industrial Park, Melong Road, Gadong District, Jinghong 666100, XIshguangbanna, Yunnan, P.R.China

Website:  Jinghong Industrial Park, http://www.jhgyy.com/

Source: Jinghong Industrial Park, http://www.jhgyy.com/  

In order to enhance the economic cooperation with foreign countries, Jinghong has been constructing Modern Logistics Center Park since 2009 and will complete the construction in 2015 within planned 57 hectare area, which includes the basic facilities for logistic storage and related supporting facilities with a total investment of RMB 700 million.

Another Jinghong Water Border Port Logistic Park project is listed in the 12th Five-year plan too. This park has been started 2012 and will end in 2015 with 16000 square meters area and total 20 million investment. (Source: Xishuangbanna 12th Five-Year Plan for Foreign Economic Development of Xishaungbanna)  .

 

Jinghong Financial Services

The credit policy of Xihuangbanna gave more support on some key areas, including key construction projects, featured enterprises, industrial enterprises, livelihood projects and “issues of agriculture, farmer and rural area”.   There are over 20 types of credit products supporting those projects. Recent years, some small scale financing institutions have been fast developed in Xishaungbanna. There are 17 small loan companies and 8 bonding companies in 2012, which  facilitates SME’s development in Xishuangbanna.  (Source: Financial support to local business development of Xishuangbanna, Bureau of Statistics,

Source: http://xxgk.yn.gov.cn/canton_model1/newsview.aspx?id=2160058)

Items

Amount (RMB billion)

Increase rate

Total deposit balance

36.1

13 %

new deposit

4.1

Total loan balance

19.3

New loan

2.5

15 %

Forest right mortgage loan balance

1.82

Agriculture loan balance

11.49

Farmers loan balance

5

Other financing capitals from outside of Xishuangbanna

0.596

Cross-border trade RMB settlement

2.076

70.72 %

Micro and small firms loan balance

2.8

Financial institutions in Jinghong  

There are 138 bank sub-braches and over 1600 employees in Xishaungbanna in 2012.

3 Financial administration institutions:

·         The People’s Bank of China, Xishuangbanna central sub-branch

·         Banking Regulatory Commission of China, Xishuangbanna sub-branch

·         Financial services office of Xishuangbanna government

15 branches of Insurance companies

2 securities sales departments

(Source: Xishuangbanna News, http://www.bndaily.com/jr/83852.shtml)

Jinghong Business Associations

Institution Name Contacts
Development and Reform Commission

of Jinghong

 
Investment Promotion and Cooperation

Bureau of Jinghong

 
Industry and Informatization Commission of

Jinghong

 
Xishuang Banna Federation of Industry and Commerce (Xishuangbannan Chamber of Commerce)  
Xishuangbanna Import & Export Chamber of Commerce Mr. Xie Lihuang

No. 17 Menghun Road, Jinghon City

Tel/Fax: (86) 691 2121 355

Mobile: (86) 139 8811 9059, 133 7881 3777

Email: bnwangfang@126.com

Xishuangbanna Oversea Opium Poppy Substitution Planting Industry Association

 

Mr. Zhou Guangzhong

Mobile: (86) 135 7841 6616

http://www.ynada.com.cn/