Guangdong Market Opportunities - Urban Economies with Various Characteristics

Heyuan City

Heyuan, a newly constructed city on the Beijing-Kowloon Railway, lies in the north of Guangdong Province. With Huizhou on the south, Meizhou on the east, Shaoguan on the west, Ganzhou of Jiangxi Province on the north, Heyuan is a transit station joining inland with the Pearl River Delta, also the best breakthrough point of the industry shifting of the Pearl River Delta. Heyuan has a total area of 15,800 square kilometers and a population of 3.25 million.

1. General Survey of Economic Development

Heyuan has experienced great changes in economic development, Three High (high quality, high production and high efficiency) agricultures are developing rapidly. The thirty-kilometers Industry Corridor has shown embryonic scale, foreign trade and economic cooperation is unparalleled active. In 2003, Heyuan’s export achieved US$ 160 million, with an increase of 18.2%, the contractual foreign investment was US$ 399.8 million, with an increase of 18.1%, and the actually utilized foreign investment was US$ 173 million, with an increase of 38.2%. Besides Hong Kong, Macao and Taiwan enterprises, many multinational enterprises from British, Japan, Canada and Korea are coming and invest in Heyuan.

2. Unique Advantages and Development Characteristics

(1) Infrastructure is approaching perfect. Heyuan is the first city along the Beijing-Kowloon Railway when it enters into Guangdong. The No.105 and No.205 National Road run through the whole city. The newly constructed Heyuan-Huizhou Expressway and the planning of the Jiangxi-Guangdong Expressway and Heyuan-Meizhou Expressway will make Heyuan the hub of transportation in both east and north of Guangdong.
(2) Heyuan is rich in natural resources and full of potentialities. In Heyuan, water reserves energy reach 1.3 million kw. There are tremendous developing values and potentialities in water resources and high-quality fresh water cultivation. Heyuan is very rich in minerals resources. There are more than 40 kinds of minerals verified, among which, reserves of iron mine, fluorite and rare earth rank the first in Guangdong Province. Further, Heyuan is a new resort of green ecological tourism with green mountains, clear water and historic places. Heyuan is one of the 13 cities whose atmospheric quality comes up to the national first class standard.
(3) Industry integration in one zone of several gardens, better investment environment. Heyuan persists a developing strategy of one zone of several gardens and Industry integration, to drive the industry development by a set of leading industry gardens, attract the manufacturing industry transfer from the Pearl River Delta and abroad. Heyuan has formed six leading industrial parks, through which they improve greatly the ability of attracting industry transfer.