TOP TEN BUSINESS DESTINATIONS IN CHINA

The city preferred by foreigners to do business in China usually have three main features. First, they must be cities already organized to accommodate citizens of other nations, where foreigners can move and act without too much difficulty, where the use of English, for example, is more developed. Second: they are cities where foreign investments are promoted with tax breaks and where the environment is ready to encourage and support the operations of a foreign company. Third: the infrastructures. The cities where there are areas already prepared and equipped for new foreign enterprises. The cities very well equipped for transportation, to ship goods and receive goods. The cities where it is easy to get a support for the solution of any problem.

Beijing, Finance and service sector

Beijing, besides being the capital of China, is also one of the most important cities of China. Populated by almost 20 million inhabitants, can boast universities, experts and scientists of the highest level. Beijing has led great campaigns against pollution by banning nearly 360.000 cars that were not under the Euro 4 emission standards. Beijing has also endowed the city of 3.800 natural gas buses, one of the largest in the world Fleets. The service sector accounts for 75% of its gross domestic product (GDP). Finance is one of the most developed sectors, in fact in Beijing there are over 750 organizations, generating revenue of almost 130 billion.

Shanghai, the largest financial center in China

Shanghai (over 23 million population) is the largest financial center in China and is home to China's Shanghai Stock Exchange, the national stock market. Shanghai is the most populated city in China (over 23 million) and has the port with the largest container traffic in the world. Over the past 20 years Shanghai has had a very high rate of development, one of the highest in the world. In 2011 the GDP of Shanghai reached 1.92 trillion yuan figure (U.S. $ 297 billion). The service industries are well developed, especially in the areas of financial services, retail, and real estate. The manufacturing sector accounts for 39.9%, the Agricultural sector represents 0.7% of the total.

Shenzhen, Special Economic Zone, huge hig tech production

Shenzhen is the largest financial and commercial center in southern China. Located in Guangdong province, just north of Hong Kong, Shenzhen (14 million population) was the first Chinese city to be declared a Special Economic Zone (SEZ) in 1979. This fact has attracted huge moles of investment (from China and from abroad) and Shenzhen became one of the richest cities in China. The local production is based mainly on the manufacturing sector. In recent years there has been a remarkable growth also in the services sector. As the largest financial center in the south, Shenzhen is home to its own Shenzhen Stock Exchange. The city is considered a focal point for all those who want to do business in the High Tech. All huge hig tech companies of the world have their establishment in Shenzhen (in Science and Technology Park, Nanshan District). Shenzhen is also home of big Chinese brands that have great success in the field of high tech.

Guangzhou, the major commercial and manufacturing area of China

Guangzhou is the third largest city in China (about 15 million population). Located in southern China on the Pearl River, 120 miles north of Hong Kong, Guangzhou is a major commercial and manufacturing area of China. Guangzhou plays a significant role in the national transport system and has a large commercial port. There is a special area called the Economic and Technological Development Zone, located in the district of Nansha. The international and Chinese companies are encouraged to make home here, especially in the biotechnology sector, self-assembly furniture and heavy industry. The Guangzhou Free Trade Zone, located in Huangpu District, offered facilities for the areas of international trade, processing industry, logistics and computer software.

Nanjing, the second highest production of electronics and information industry

Nanjing (6 million population) in the past has often been the capital of China. Within China, Nanjing is the second highest production of electronics and information industry. In the city there are over 400 companies and 29 research institutes in the field of electronics. Also for petrochemical industry Nanjing is the second in China. Many large international chemical companies have established their base in Nanjing. The production of cars and motorcycles is also very important. Among the companies that have opened their headquarters here, there are also Volkswagen Group, Iveco, AO Smith, and Sharp. The Italian group Fiat and the Japanese Suzuki have made joint ventures with Nanjing Iveco. Other important sectors are the Machine-building industry, the pharmaceutical industry and Biological Engineering.

Chongqing, third largest producer of cars and motorcycles

Chongqing is one of the largest cities in China: the urbanized area has a population of 7 million, the municipality has a population of 30 million people. Chongqing is the third largest producer of cars and motorcycles. In one year is capable of producing one million cars and 9 million motorcycles. Chonqing has also an important production areas in iron, steel and aluminum. Among the large factories in the sector there is also South West Aluminium, the largest aluminum factory in Asia. The agriculture occupies a significant place in the economy of Chongqing. The production consists mostly of rice and fruit (lots of oranges). Among the development projects under way there is one that seeks to promote the development of electronics and information technology.

Xiamen, Special Economic Zone, very open to foreign investments

Xiamen (5 million people) is the largest city in the south east coast of China. Xiamen was one of the first four cities to be selected (in 1980) as a Special Economic Zone and to be open to foreign investment. The main activities include shipbuilding, textiles, financial services, fishing, food processing, machine tool manufacturing, telecommunications and chemical industries. Xiamen has business relations and commercial relationships with more than 160 countries benefiting from much foreign investments, especially from Hong Kong, Macau and Taiwan (nations that have played an important role in the development of the city). Xiamen is equipped with excellent infrastructure: roads, railways, port and airport are at the forefront, in recent years they have benefited from investments of over 30 billion RMB.

Tianjin: well organized city, with big annual growth

Tianjin is a big city (12 million popolation) in northern China at 160 km from Beijing. Tianjin is composed of two areas: the old city and Binhai New Area. Binhai is the area for development and is traveling at a pace of annual growth of about 30%. Many of the largest companies in the world have put their offices in Binhai, also including 285 of the Fortune Global 500 companies. These are companies operating in advanced industry, financial reform and innovation. The land used for agriculture occupies 40% of the total area of Tianjin. The production consists mostly of rice, maize and wheat. In the field of industry the sectors more developed are petrochemical industries, mechanical industries, textiles, metalworking and car manufacturing. Qingdao,

refrigerator and TV production, good quality of life

Qingdao (9 million population) is located in the eastern of Shandong province. It is a beautiful city, well organized, with natural beauty, excellent infrastructure and a high-level economic system. Qingdao is often cited as the Chinese city where the quality of life is better. Qingdao is an important city of the sea, with a large commercial port, oriented towards foreign, where converge also the goods from Beijing. Also in this city, foreign investment and foreign trade have been an important role. The industrial presence has mainly developed in seven sectors: household electric (appliances and electronics), automobiles and locomotives, textile and clothing, foods and beverages, Petrochemicals, ship and ocean engineering, machinery and steel. The refrigerator production covers 20% of national production, the production of color TV accounts for 10% of industrial production. Many foreigners know Qingdao above all for its Tsingtao beer, one of the best in China (production began in 1903 with a German-British joint venture). The foreign capital that have raised Qingdao come mainly from South Korea and Japan. More 80000 South Koreans reside permanently in this city. Industrial zones: Qingdao Economic & Technological Development Area, Qingdao Free Trade Zone Qingdao High-tech Industrial Zone.

Wuhan, many french companies

Wuhan, capital of Hubei province, is one of the largest cities (over 10 million population). Over 50 large French companies (about one third of all French investments in China) have chosen to settle in Wuhan. The industrial sectors more developed are optic-electronic, environmental protection, automobile manufacturing, steel manufacturing, new materials industry, biology engineering, new pharmaceutical sector. The two Wuhan largest companies are the Wuhan Iron & Steel (Group) and Dongfeng-Citroen Automobile. Industrial areas in Wuhan: Economic and Technological Development Zone, Wuhan Export Processing Zone, Wuhan Optical Valley (Guanggu) Software Park.




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