Guangzhou, the provincial administrative capital of the Guangdong, is one of the largest cities and most economically dynamic cities in China. Located at the heart of the Pearl River Delta, it is the political, economic, industrial and culture center of the region. It gained a domestic and international reputation for hosting the Asian games in 2010 and the China Import and Export fair.
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- Population: 12,700,000
- Population density (urban): 1,708 persons/km2
Source: Guangzhou Economic & Social Development Report 2012
- Primary Industry (percentage of GDP): RMB 21,360 million (1.6 percent)
- Secondary Industry (percentage of GDP): RMB 464,580 million (34.8 percent)
- Tertiary Industry (percentage of GDP): RMB 849,060 million (63.6 percent)
- Total: RMB 1,335,000 million
- Total retail sales of consumer goods: RMB 597,730 million
- Total value of imports and exports: US$ 117,130 million
- Fixed Investment: RMB 375,840 million
Source: Guangzhou Economic & Social Development Report 2012
- Minimum monthly wage: RMB 1,550
- Minimum hourly wage: RMB 15.0
- Avg. annual wage of staff and workers: RMB 63,752
Sources: Local Labor Bureau and Social Insurance Bureau (2013)
Guangzhou ranks third in mainland China on comprehensive economic strength and first on the Forbes' 2013 best commercial Chinese cities. The city is one of the industrial, financial and trade centers of southern China. Built around the three core industries: Automobile, petrochemicals, and electronics. Other industries such as tourism, finance, logistics, wholesale & retail are also flourishing quickly.
Currently, 232 out of Fortune 500 companies have investments in Guangzhou. Guangzhou is now the home to LG Display Co., which has been the largest contributor of foreign investment project since the Reform and Opening Up Policy in 1978. Altogether 626 projects have been introduced into Guangzhou with a total investment of US$41.26 billion.
China (2013) Statistical Yearbook
Forbes (2013). Guangzhou Tops Forbes China List of Best Cities for Business.
Guangzhou accommodates four national-level development zones: Guangzhou Development District, Guangzhou Economic and Technological Development District, Guangzhou Nansha Development Zone and Zengcheng Economic and Technological Development Zone.
Guangzhou Development District
The district is located half an hour from Guangzhou. The district, located in the east of Guangzhou, encompasses more than 389 square kilometers. It is 40 minutes from Guangzhou Baiyun airport and Guangzhou east railway station.
It is one of the leading economic development districts in terms of GDP, tax revenue, and value added ratio in China. The district has established extensive economic and trade relations with 80 countries and regions.
The six leading industries and industrial chains are IT, automotive, consumer goods, bio-pharmaceutical, iron and steel, and food and beverage industries. Majors investors come from Hong Kong, British Virgin Islands, and Japan.
It is divided into four zones: Guangzhou Echonomic and Technological Development District, the Guangzhou High-Tech Industrial Development Zone, Guangzhou Free Trade Zone, Guangzhou Export Processing Zone, and the Guangzhou Science Park.
Guangzhou Economic and Technological Development District
Established 24 years ago as one of the first state-level development zones, it became one of the most profitable places for foreign investment. Foreign investment in the zone has reached a total of over US$ 5 billion. An estimated 700 companies have set up business in the zone while 70 of the top 500 multinational corporation in the world have operated within the district.
The zone ranks among Guangdong’s vital industrial and economic bases with a central transportation hub that links it to the rest of souther China. Shipping goods is convenient thanks to easy access to expressways, light railways, ports and wharfs. It is close to the Guangzhou Baiyun International Airport. A railway line passes through the Guangzhou Science Town.
The zone has a total area of 60 square kilometers divided into western and eastern sections plus the Yonghe economic zone. Its main industries include: biological medicines, building materials, electronics and telecommunications, metal processing, automobile components and chemical fibers. The zone’s industrial chain area has an accumulative gross output value estimated at more than RMB 270 billion.
Guangzhou Nansha Development Zone
The Nansha Zone is established after the Shenzhen model. The ambitious project should ultimately have 50 berths and deepwater access, requiring massive construction and dredging efforts. It is 48 sea miles from Hong Kong and 41 sea miles from Macau. Everyday six liners travel between Guangzhou and Hong Kong; and the whole trip takes only 75 minutes.
Zengcheng economic and technological development zone
As an urban sub-center of Guangzhou, Zengcheng takes pride in its history of over 1,800 years. Covering an area of 1,616 square kilometers, approximately one fifth of the total area of Guangzhou, Zengcheng is located at a critical juncture along the "golden corridor" of the city cluster of the Pearl River Delta, linking Guangzhou, Dongguan, Shenzhen and Hong Kong. Blessed with a sound eco-system and picturesque landscape, Zengcheng is renowned as a production base of litchis, an advanced manufacturing base for jeans and a model eco-tourism destination.
Located in the east of Guangzhou and the south of Zengcheng, the Zengcheng Economic and Technology Development Zone is a crucial platform for the development of Zengcheng, serving as a key engine of growth. As the newest national development zone of Guangzhou, the Zengcheng Economic and Technology Development Zone constitutes a key building block for the development of a high-tech industrial belt in the east of Guangzhou. Under the development model of "one zone and multiple parks", Zengcheng Economic and Technology Development Zone is set to become an international and modern industrial new zone and an eco-friendly new city with an environment favorable for business, living and innovation.
China Council for the Promotion of International Trade Guangzhou Branch
Guangzhou Bureau of Foreign Trade and Economic Cooperation
Guangzhou Environmental Protection Bureau
American Chamber of Commerce
"Suite 1801, Guangzhou International Sourcing Center, No.8 East Pa Zhou Avenue, Haizhu District, Guangzhou"
Tel: (86 20) 8335 1476
Fax: (80 20) 8332 1642
British Chamber of Commerce
Room 1206, Office Tower, Guangdong International Building, 339 Huanshi Dong Lu, Guangzhou 510098
Tel: 86 (0)20 8331 5013
Fax: 86 (0)20 8331 5016
European Chamber of Commerce
Unit 2817, 28/F, Tower A, China Shine Plaza, No.9 Linhe Xi Road, Tianhe District
Tel: +86 (20) 3801 0269
Fax: +86 (20) 3801 0275
French Chamber of Commerce
2/F, No 64, Shamian Road
Tel: +86 (0) 20 8186 9009
Fax: +86 (0) 20 8121 6228
German Chamber of Commerce
"Room 2915 Metro Plaza No. 183 Tianhe North Road"
Tel: +86-20-8755 2353
Fax: +86-20-8755 1889
Swiss Chamber of Commerce
"27th Floor, Grand Tower 228 Tianhe Lu Tianhe District"
Tel: +86 760 8858 1020
Fax: +86 760 8858 1022
Tel: Tel. +86 20 8883 3888
Fax: +86 20 8883 3999
122 Liu Hua Lu,Yuexiu District
1 Hui Zhan Dong Road, Hai Zhu District
Tel: (86 20) 8917 8888
Fax: (86 20) 8917 8899
"988 Guangzhou Da Dao Zhong Tianhe District"
"26 Xian Cun Road Pearl River New Town, Tianhe District"
Tel: (86)(20) 6628 6628
Fax: (86)(20) 6628 6629
"6 Lin He Zhong Road Tian He District"
Tel: (86)(20) 2886 6868
Fax: (86)(20) 2826 6886