Guangdong Market Opportunities - Urban Economies with Various Characteristics

Jieyang City

Adjacent to Hong Kong, Macao and Taiwan, facing South China Sea, with a total coastal line of 82 km, neighboring Shantou on the east, Jieyang is an important communications hub of eastern Guangdong, western Fujian and southern Jiangxi. It covers an area of 5,240.5 square kilometers and its population is 5.847million by the end of 2003.

1. General Survey of Economic Development

Jieyang's economy has been developing rapidly, especially in the field of light industry. Jieyang has vigorously developed its foreign trade .The total value of import and export reached US$ 930 million, increase by 55.6% over the same period of last year, of which, the value of export was US$ 680 million, up by 54.5%. Contractual foreign investment was US$ 124 million, and actually utilized foreign investment was US$ 136 million.

2. Unique Advantages and Development Characteristics

(1) Jieyang enjoys favorable investment environment and developed traffic. Within its territory, there are No.206 and 324 national highway and many provincial highways. Shen-Shan Expressway and Pu-Hui highway have been opened to traffic. Guang-Mei-Shan Railway reaches any parts of China. There are unblocked rivers from where 5000T freight ships can directly sail to Hong Kong, Guangzhou and Shanghai. Land transport and shipment are complete. Internet, telecommunication and postal services are available and complete.
(2) The agriculture products are of competitiveness. There are many new products with stronger competitiveness. Especially, litchi and processed vegetables produced in Huilai, green plum and olive, Jiao mandarin oranges, flowers and potted tree produced in Puning, longan, bamboo shoots, bananas and wild ducks produced in Jiedong, and tea, partridges, out-of-season and pollution-free vegetables produced in Jiexi have been increasing very quickly.
(3) Jieyang's industrial economy has developed vigorously. An industrial system mainly composed of textile, garments, hardware and machinery, chemical industry, food and drink has formed. The output of these sectors accounts for above 85% of the industrial output of the same caliber, which have large potential for development. A large number of new hi-tech enterprises are emerging. In particular the field of textile industry possesses of rather strong holistic predominance.