Foshan is one of the important cities in south China. It' s adjacent to Guangzhou to the east and Hong Kong and Macao to the south, it is the core city in PRD (Pearl River Delta).
Owing to its prominent geographic advantages, Foshan is able to share such resources as traffic networks, financial capitals, talents and information with Guangzhou under its radiation and influence to promote the interaction and function complementation.
GDP of Foshan had reached RMB 433.3 billion in 2008, increased by 15.4% year on year; per capital GDP is RMB 70,806. The Foshan Economy has take 1/70 of the national economy and it accounting for one-ninth of Guangdong's economy and has ranked third in the province.
Since Foshan has strong industry base it has from a development pattern of 10 vocations, which including household appliances, textiles, garments, ceramics and other building materials, metal materials and products, equipment manufacturing, electronic information, food and beverage, plastics, petrochemicals and pharmaceuticals, furniture industry.
|Economy Strength of PRD Cities in 2008|
|City||GDP(100 million)||Per Capital GDP(10 thousand)||Growth||GDP Rank in Guangdong|
Foshan is one of the most important business centers in south China. According to the situation of industry clustering Foshan has established a group of logistic trading and dispatching centers with considerable size and high radiating capacity. There are 129 wholesale markets of different types in Foshan, covering a total area of 5.67 million sq.m. Various international fairs have been held in Foshan every year, such as Ceramics Fair, Household Appliance Fair, Furniture Fair and Flower fair.
Foshan is a region with intensive foreign investment. There are more than 7000 foreign-invested enterprises (including the ones from Hong Kong, Macao and Taiwan) with a total foreign investment of more than USD 18 billion in Foshan. (The Global 500 enterprises symbol) Foreign-funded enterprises have significantly reduced the costs of manufacturing operation, successfully expanded the potential market in China, and have obtained expected investment yield.
Annual export and import volume exceeding USD 30 billion, of which the annual gross export value has reached USD 26.19 billion. Major Products Exported from Foshan, pls view the below Diagram for Commodity Types and Nations to know more.
Foshan has 7 key science and technology industrial parks with almost 3000 registered enterprises.
|Brief Introduction to Key Industrial Parks in Foshan|
|1||Foshan National Hi-tech Industries Development Zone||Chancheng District||Electronic information, optics-machinery-electronics integration, new materials|
|2||Foshan Chancheng Economic Development Zone||Chancheng District||Optics-machinery-electronics integration, new materials|
|3||Nanhai Economic Development Zone||Nanhai Distric||Nonferrous metal processing, Electric appliances, auto parts|
|4||Nanhai Industrial Park||Nanhai District||Environmental protection equipment, new environmental protection material, auto parts|
|5||Shunde Industrial Park||Shunde District||Electric appliances, auto parts, refine chemicals|
|6||Foshan Sanshui Industrial Park||Sanshui District||Medical instrument, auto parts, machinery|
|7||Foshan Gaoming Cangjiang Industrial Park||Gaoming District||Textile, metal material processing, food|