Renowned business law firm Peltzer Suhren Rechtsanwälte selected as market exploratory office for the promising business location Taicang.
Taicang (Shanghai region) is the perfect business location for German companies wishing to establish themselves in China. This is confirmed by many large and medium-sized companies that have already taken this step. In order to simplify the establishment of a company, the Representative Office in Hanover offers professional support in all matters.
Taicang, also known as the German Model City in the middle of China, is a growing city in the southeast of Jiangsu Province in China, bordering the Yangtze River to the east and Shanghai to the south. It is the closest city along the Yangtze River to Shanghai and covers an area of 810 square kilometers. The total population of Taicang is 1.03 million, making it one of the most populous metropolitan areas in China along with Shanghai. Taicang has established itself as one of the strongest and most innovative cities in China in recent years, ranking 7th in comprehensive strength, 3rd in scientific and technological innovation, and 2nd in green development among China’s top 100 county-level cities in 2020.
Taicang’s industry is growing rapidly and reached RMB 138.6 billion GDP in 2020. The public budget revenue reached RMB 17.1 billion and the fixed asset investment figure was RMB 46.9 billion in 2020. Foreign investment has developed well and German enterprises generate industrial output of over 50 billion RMB every year in Taicang. The city is well connected, with a 5+1 railroad system and Taicang Port, which has an 8km deep waterway along the Yangtze River and serves 215 shipping routes.
Hongqiao International Airport is just 35 km away, Pudong International Airport is 72 km away, and Wuxi Shuofang International Airport is 65 km away. The 5+1 railroad system includes the Hu-Su-Tong Railway Phase I and II, the South Yangtze Intercity Railway, the North Yangtze Intercity Railway, the Suzhou-Wuxi-Changzhou Intercity Railway and the Minhang-Jiading-Taicang Intercity Railway.
Due to the successful settlement of German companies, a strong German community has developed here with German kindergartens, German schools, German bakeries, varied sports facilities, good restaurants and a lively culture.
International wirtschaftsrechtlich ausgerichtete Kanzlei mit Hauptsitz in Hannover und Office in Shanghai gehört zu den führenden internationalen Wirtschaftskanzleien in der Region.