Guangdong Market Opportunities - Urban Economies with Various Characteristics

Meizhou City

Meizhou City locates in the northeast of Guangdong Province, with Fujian Province in the northeast and Jiangxi Province in the northwest. Meizhou has an area of 15,800 square kilometers and a population of 4.85 million. Meizhou is honored with Hometown of Culture, Hometown of the Overseas Chinese and Hometown of Football.

1. General Survey of Economic Development

After the open and reform policy been implemented, Meizhou has made great development in export orientation economy. In 2003, the total export and import achieved US$ 300 million, among which the export was US$ 210 million, with an increase of 30.7%. The contractual foreign investment was US$ 168 million, with an increase of 51.6%; the actual utilized foreign investment was US$ 140 million, with an increase of 28.6%.

2. Unique Advantages and Development Characteristics

(1) The investment environment is continuing to be perfected. Meizhou is the core of Guangdong, Fujian and Jiangxi province, connecting the inland and seashore areas. Meizhou is the joint of National Highway No. 205 and 206, Guangzhou-Meizhou-Shantou Railway and Meizhou-Kanshi Railway. The density of road in Meizhou ranks the first among the mountainous cities of Guangdong Province. The Mei County Airport has opened two airlines to Guangzhou and Hong Kong, the water transportation leads to Chaozhou and Shantou. The telecommunication is developing very fast. The construction of digital networks and broadband networks is taking the lead among the mountainous cities of Guangdong Province.
(2) The industry structure is modifying, there are more business opportunities for investment. Meizhou City has 8 pillar industries, namely textiles, machinery, electronics, building materials, tobacco, etc. Meizhou will make every effort to adjust its industrial structure as well as centering on developing the following key projects: the basic infrastructure projects such as energy resource, transportation and telecommunication, hi-tech, technologically advanced and export-oriented industries, electronic component manufacturing, raw material industry, basic industry, new agro-technology, comprehensive agricultural development, deep processing with local resources, real estate, tourist and information.
(3) Meizhou has rich resources of mineral and tourism. Meizhou has 48 kinds of rich minerals such as coal, iron mine, limestone, rare clay and porcelain clay etc, among which the reserve of manganese is ranked first in Guangdong province. Meizhou has plenty water resources, the reserves of hot spring and qualified mineral water is tremendous. There are tourism resources such as cultural historic site constructed from Tang Dynasty, former residence of celebrity, natural spectacles of all kinds, and unique Hakkas culture sights in Meizhou.