Project of China (Bozhou) TCM Culture Garden

Market forecasting and analyzing

Now tourism has grown as the first industry of the world. According to the forecasting by the World Tourism Organization, environment, tourism and culture will be three main rapidly developing industries in 21 century. Recently China tourism industry has an excellent and quick development. While the ability and the level to receive the tourists are improving, the traveling activities with a healthy theme are welcomed by more and more people. More and more tourists will come to Bozhou to seek good ways to strengthen and care their health. The project is synthetic and every constituted branch-project also has good potential market. So the project will have a good commerce future and will have a good gain. As the market period is longer, the market covering area will also be wider, both social gain and economic profit will have a good future.

Technology points of the project  

This project is a join venture with an absorbing investment function.

There are 4 technology points in this project:

1. Building a system of electricity supplying and water supplying and v automatically.

2. Setting up fire-protection and safety-protection equipments at the national standard.

3. Setting up environment protected equipments according the acquiring technology conditions  

4. Setting up the equipment and facility of the museum at the national standard. Use herbs and medical plants to make the whole garden green, to build the wall and dividing area and to sculpt the scene. So it needs a very advanced technology of horticulture and herbs-planting.

. Estimate of Investment

The project of China (Bozhou) TCM culture garden need gross investment RMB190,000,000including costs of new engineering in the project area(field-using, scene-building, service and basic facility of tourism building) and indirect costs (costs for early preparing and designing of the project and unpredictable costs).

Proceeding of the project

The suggesting report on the project has been completed and approved by the Committee of Developing and Revolution of Bozhou.  

Way of cooperation

Sole or joint investment.

Brief introduction of the project unit

Anhui Bencao TCM Limited Corporation , a Chinese and American joint venture in Bozhou, created by Starlight Company of USA and Bencao TCM company of Bozhou, completed and run in 2004, registered 1,600,000 dollars capital, owning over 300 employees, production incoming RMB100,000,000,owned Bozhou Yizhong limited company and Bozhou communication consulting limited company.

Analyze on the social effect and economical profit of the project

According to the development of Bozhou tourism and China economy developing speed, while the project is completed, the number of visitors will reach 1,000-1,500 person-time everyday. Suppose each visitor spends RMB 300(80for ticket, other 220for eating, lodging, drinking, bathing, curing, shopping and traveling),  in a year,  360,000 visitors will bring incoming of RMB 108,000,000. The pure profit will reach RMB 72,000,000,and in 3 years the total investment will be got back.

The project will supply 500 jobs, and will cause developing industries of communication, restaurants, hotels, commerce, medicine, etc, and run the local economy.

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Source: Bzly.gov.cn
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