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Hebei Advantages in Investment Cost
Release Date : 2020-04-12     Article Source : Hebei Provincial Department of Commerce

With comparative advantages in factor supply, Hebei is one of coastal provinces with low commercial cost and high ROI.

 

1、Land Resources

Hebei is located in North China Plain, with abundant land resources available for construction. Also boasting over 40 square kilometers of industrial land adjacent to harbors,Hebei enjoys obvious advantage over Beijing and Tianjin in comprehensive land cost.

 

2、Basic Energy Resources

Water: Water rate for industrial and commercial purpose is 3.63-5.5 Yuan/m3 .

Electricity: The price of electricity for general industrial and commercial purpose and other normal hours (1-10KV class) is 0.7321 Yuan/KWH in Shijiazhuang, Baoding,Cangzhou, Hengshui, Xingtai and Handan; and 0.6786 Yuan/KWH in Zhangjiakou, Chengde, Qinhuangdao,Tangshan, Baoding and Langfang.

Natural gas: The price of natural gas for urban non-residential purpose is 2.98 – 4.2 Yuan/m3.

 

3、Human Resources

Hebei boasts 118 colleges and universities ,108 secondary vocational schools and 177 technical schools. Every year there are nearly a million college and university graduates, vocational school graduates and millions of trained rural labors, offering abundant labor resources.

Along with the growing interconnection of HR markets in Beijing, Tianjin and Hebei, a market-oriented talent coordination mechanism and a “talent development community” are taking shape, helping to improve the reserve, optimize the increment and enhance the technological contents of HR in Hebei Province.

 

 

 

 

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