Dehong prefecture, a perfect place for investment

Text and Pix by Indunil Hewage in China

Dehong prefecture, in China is one of the perfect places for investments and trade creation and China’s most frontier access opening to the South Asian and Southeast Asian countries. Dehong has a unique advantage in geographical location and is located on the route of the China-India oil pipeline and this feature has made Dehong a perfect place for promising investors in China to open more business opportunities with South Asian and South East countries .

Dehong is blessed with abundant natural resources, natural scenery, rich culture and favourable climate. The 30 autonomous prefectures China and Dehong is one of them. Dehong is home to a population of one million twenty one thousand, of which 49.7% being minor ethnic people and 42% being religious. It is also known as “Kingdom of flora” and “the gene bank of the flora species as it has abundant florar resources. It is considered to be a perfect place for developing low-carbon economy.

Dehong authorities are making great efforts to transform Dehong as a prosperous, open, and harmonious land, and the Yunnan government has already invested billions of rupees for infrastructure development projects, thereby creating a well off society.

Development of agriculture, education and transportation, is on the way to exploit the biological industry, tourism, hydraulic power, refinery, trading and will carry out the Five Strategies such as depending on the ecological industry, emphasizing science and education, promoting industries, opening policies and society stability.

At present, Dehong prefecture, is guided by the scientific outlook on development. The China-Asian Free Trade Area, the development of the western regions, and the strategies to build Yunnan, the gateway opening to the Southeast and South Asia, the construction of the Ruili development and opening experimental zone, all these events serve as opportunities of development.

Mnaghuan Golden Pagoda

Mahogany handicraft

Chinese food

Dehong prefecture has opened doors for promising entrepreneurs, including Sri Lanka and home, to pour their investments to Dehong and authorities are in the process of creating a healthy and open business environment, for the benefit of preferred investors. During the ancient times, Dehong and Myanmar shares had close ties in the fields of economic, cultural, social and other important areas due to close proximity to each others.

In recent times, Dehong managed to record a significant achievement in economy, culture, ethnic unity and ecology with the backing of provincial and central government and the hardwork of the local people. The infrastructure in Dehong is developing fast. With the completion of the highway, the railway, and the international airport, Dehong will become the most active region in Yunnan and an important transport hub, connecting the Indian Ocean.

Dehong is in the process of promoting Yuan 5-10 billion on projects, including the biological industry, the hydraulic power, refinery industry, tourism, foreign trade, Jewellery and jade industry.

Dehong Prefecture has been in the leading position in the opening of China economy. In 1992, two A Grade ports were established under the approval of the central government. In 2010, the central government of China identified Ruile as the State Development and Opening Experimental Zone. To date, Dehong has two A Level Ports in Ruili and Wanding, two B Level Ports in Yingjiang and Zhangfeng, and two border economic co-operation zones in Ruili and Wanding.

In 2011, Dehong regional Gross Domestic Product recorded a profit of Yuan 17.2 billion, an increase of 15.5% as against the year 2010, which ranks the front in Yunnan province. The total fiscal revenue increased by 42.2%. to 3.09 billion Yuan and local general fiscal revenue reached 1.89 billion Yuan, which is an increase of 42.8%.

During the year 2011, Dehong Prefecture invested 17.11 billion Yuan investment in fixed assets, which is a 30.3% increase while the average disposable income of the citizens increased by 10.5% to 15,230 Yuan as against the previous year. The average net income of the rural people reached 4090 Yuan, increased by 21.4%. The total volume of the imports and exports increased by 18.6% to 1.35 billion Yuan while total income of the tourism reached 5.6 billion Yuan, which is a 21.2% increase. From January to April in 2012, Dehong has gained GDP income of 3.94 billion Yuan, an increase of 10.2%.The investment in fixed assets has reached 4.49 billion Yuan, an increase of 14.5%.