Guangdong Market Opportunities - Urban Economies with Various Characteristics
Shantou City
Shantou City is located in the southeast
of Guangdong province and adjacent to South
Sea. The total area is 2,064 square kilometers
and the overall population is 4,685,000.
Nowadays Shantou is an important seaport-city
in southern China.
1. General Survey of Economic
Development
Shantou has taken advantage of Special
Economic Zone and hometown of oversea Chinese,
which has greatly promoted local economic
development. In 2003, the city’s GDP
reached RMB 52.62 billion, up by 8.8% over
the previous year. The total output value
of industry was RMB 92.51 billion, up by
10.1%. The total value of foreign trade
was US$ 3.35 billion, up by 15.8% over 2002,
which included foreign export value of US$
1.89 billion, 20.6% more than that of 2002.
The contracted foreign investment totaled
US$ 0.99 billion, increased by a big margin;
the foreign capital actually put in place
was US$ 0.2 billion, up by 27.3%.
2. Unique Advantages and Development
Characteristics
| (1) |
Complete Fundamental Facilities.
Shantou has basically formed modern
and three-dimensional (sea, land and
air) transportation and communication
network. Shantou seaport belongs to
the first-class national ports, and
one of 20 major hinge ports. Guang-Mei-Shan
Railway is connected to national railway
net. National Road 324 and 206 go through
Shantou and lead the city to various
parts of the country. Expressway has
connected the three SEZs (Shenzhen,
Shantou and AMoy) together. The annual
transportation capacity of Shantou airport
amounts to 3,000,000. |
| (2) |
High Developed Service System. As
a SEZ, Shantou simplifies procedures
for those investment projects within
Shantou’s management right, and
sets up an effective one-station service
in Shantou’s Investment Management
Service Center. Customs clearance speed
ranks 4th in China and 2nd in Guangdong
province. |
| (3) |
Industrial Development Has Formed
Sizeable Scale. Agriculture has formed
six polar industries, including grain,
vegetable, poultry, aquiculture, fruit
and tea and flower. Industry has forming
many core industries including ultrasonic
electrics, weaving and clothing, petrochemical,
machine, food, pharmaceuticals, printing
and packing and toys. |
|