Jiading firms among list of city’s top taxpayers
Print Edition
Shanghai taxation authorities recently released a list of the top 100 enterprise taxpayers in the city’s industry and service sectors last year, with 10 of them in Jiading.
Eight, including Volkswagen, ZF Shanghai Steering Systems Co, Continental Automotive Systems (Shanghai) Co and Volkswagen Power Assembly, are from the industrial sector, while two, Volkswagen Sales and Volvo Sales, are from the service sector.
The number is an indication of Jiading’s industrial transformation, industry insiders said.
Last year, Jiading achieved total tax income of 63.03 billion yuan (US$10.39 billion), an increase of 14.6 percent, and the top 10 enterprises contributed 23.91 billion, 37.9 percent of Jiading’s total tax income.
Nine companies among the 10 are from the automobile industry, showing the importance of that sector for Jiading.
Service sector
The service sector, closely related to automobiles, is also developing rapidly.
For example, at Jiading Industrial Park, the headquarters of Volvo China are under construction while Volvo Sales has been put in operation.
Volvo Sales ranked 44th in the list of tertiary sector with a tax payment of 794 million yuan last year. The tax payment of Volkswagen Sales reached 4.48 billion yuan.
In 2013, Jiading attracted 650 cultural and information enterprises to settle in the district, an increase of 20 percent.
The trade volume of e-commerce reached 73 billion yuan, up 80 percent from 2012.
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