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Cao¡¯e Street is an Urban-Suburb Areas in Shangyu City, which facing Baiguan Street in old urban districts across the river, as well as linking six bridges. The street covers land 40 sq.km, has arable land 10,566 Mu, 12,000 Mu forest area, 9 administrative villages, 18 neighborhood committees and 9 communities, with the 57,500 native populations and 111,300 non-native populations. The Street wins the honors of ¡°Powerful Economic Town in Shaoxing City¡±, ¡°Advanced Safety Town (Street) in Shaoxing City ¡±, ¡°Shaoxing¡¯s Top ten Self-Management of Export Town (Street)¡±, ¡°Five good Party Committee in Shangyu City¡±, ¡°Shangyu Advanced group¡±, ¡°Shangyu advanced foreign investment Town (Street)¡±, ect.
In 2008, the Street achieved 4.473 billion GDP, the total value of industrial and agricultural output is 18.513 billion, in which 18.463 billion belonged to industrial output. The total number of private enterprises is 1196, and 85 large scale companies, with 54,823 employees. It fulfilled 1.346 billion industrial production inputs, in which 12 items are the city-level Major Technical Renovation Project. The contract foreign investment in this Street was 10,555 million US dollars, the actual foreign capital was 5.665 million US dollars as well as the total amount of self-management of export was 355 million US dollars. At the end of 2008, there were 5 listed companies, 7 State-level high-tech enterprises, 27 Provincial-level high-tech enterprises, 9 Provincial-level high-tech R&D centers, 1 Chinese brand product, 8 Chinese well-known trademarks, 13 Provincial brands, 30 Shaoxing Brands and 6 National exempt products. The street will become the city's economic center, and Technology Events¡¯ Core(Foreign investors, foreign enterprises and foreign capital)
The tertiary industry is prosperity and develops fast in Cao¡¯e Street. It fully plays the important roles of the Economic Development Zone and the functions of the wing of the city to converge popularity, flourish market and create business opportunities. Focus on building a Commercial Street which takes Shunjie Street as the center, as well as formatting the business pattern which takes Yuexiu Road as the entertainment Street. The total amount of tertiary industry is increasing greatly, with the added value of the Street reaching at 560 million RMB Yuan in 2008.
Cao¡¯e Street enjoys a unique geographical location. It lies in the center of Shanghai-Hangzhou-Ningbo trasportation facilities. 104 State Road, 329 State Road, Shangyu-Shanmen Highway, Xiaojiang-Ningbo Railway, Hangzhou-Ninobo Canal are all in the area. Cao¡¯e Street has rich human and natural resources, in which include Cao¡¯e Temple, Wolong Mountain and Cao¡¯e scenic area. With the infrastructures improving increasingly, urban construction changing with each passing day and culture, education, and health undertakings vigorous developing, Cao¡¯e Street becomes a hot spot for investments.
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