Shaoxing was listed by the State Council in 1992 as one of the 6major priorty cities south of the Yangtze River Delta to undertake planning and development ahead of other areas . The urban district and Shaoxing County , Shangyu City and Shengzhou City under its jurisdiction were granted by State Council in 1988 with the status as open coastal economic regions, where foreign investors can enjoy a package of various preferential polices, such as 20% reduction from the current income tax rate.