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Economy and Industrial zones of Guangzhou

Update Date:2020-2-14 15:45:04     Source:www.3737580.com     Views:676

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Guangzhou is the main manufacturing hub of the Pearl River Delta, one of mainland China's leading commercial and manufacturing regions. In 2013, the GDP reached ¥1542 billion (US$248.billion), per capital was ¥120,515 (US $19,459).


The China Import and Export Fair, also called the "Canton Fair", is held every year in April and October by the Ministry of Trading. Inaugurated in the spring of 1957, the Fair is a major event for the city. From the 104th session on wards, the Fair moved to the new Pazhou complex, from the older Liuhua Complex. All booths have been transferred to Pazhou Complex, which is served by two stations on Metro Line 8. Also, since the 104th session, the Canton Fair has been arranged in 3 phases instead of 2 phases.

 

Guangzhou Nansha Export Processing Zone
The zone was founded in 2005. Its total planned area is 1.36 km2 (0.53 sq mi). It is located in Nansha District and it belongs to the provincial capital, Guangzhou. The major industries encouraged in the zone include auto-mobile assembly, biotechnology and heavy industry. It is situated near to Guangzhou Baiyun International Airport and Shenzhen Port.


Guangzhou Free Trade Zone
The zone was founded in 1992. It is located in the east of Huangpu District and located near to Guangzhou Economic and Technological Development Zone. It is situated very close to Guangzhou Baiyun Airport. The major industries encouraged in the zone include international trade, logistics, processing industry and computer software. Guangzhou is considered one of the most prosperous cities in China. But due to rapid industrialization, it is also considered one of the most polluted cities.

 

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