Guangdong Market Opportunities - Urban Economies with Various Characteristics

Yangjiang City

Located on southwest coast of Guangdong Province and in the middle of Guangzhou and Zhanjiang city,Yangjiang has an overall area of 7,813 square kilometers and a population of 2.6 million. Yangjiang is famous at home and abroad for its traditional handicrafts, and it is titled as "City of Knife and Scissors in China", "Hometown of Kites", and coastal ecological city.

1. General Survey of Economic Development

Yangjiang City developed with a high speed. In 2003, its economy registered an increase speed topped the past six years’ and the export value reached the highest in history and the utilization of foreign investment increased fast. The import and export value accounted for US$ 810 million, an increase of 28.9% compared with that of last year, in which export value was US$ 690 million, increase by 38.4%. The contractual attraction of foreign capital was US$ 142 million, increase by 71.3%; actual utilization of foreign investment was US$ 133 million, increase by 31%.

2. Unique Advantages and Development Characteristics

(1) Investment environment has been ameliorated. It is a communication pivot linking mid Guangdong to west Guangdong. The National Highway 325, the Guangdong-Zhanjiang Expressway, the Coastal Expressway in West Guangdong and Sanshui-Maoming Railway are running through the city. One State Grade A port and one oil-gas wharf with handling capacity of 35,000 tons of Yangjing port have been put into operation, and a 35,000 tons bulk cargo quay is under construction. A transportation network comprising marine, air and land transportation has been basically formed. Water Supply and power supply is sufficient and modernized communication network is complete.
(2) Industrial system with light industry as the mainstay has been formed. Yangjiang is famous at home and abroad for its traditional handicrafts, such as knives, lacquer ware, and fermented soya bean. Hardware and cutting tool industry is one of the industries with most characteristics and advantages in Yangjiang. At present, there are more than 3,000 enterprises on hardware and cutting tool industry in the whole city, whose output and export value account for 60% and 80% of total in the whole country respectively. The “Kitchen Knife Center of China”, the “Scissors Center of China” and the “Knife Center of China” settled down in Yangjiang in succession. In addition, a lot of industries including the food processing industry, light textile industry and garment, electro mechanics, medicine, chemical industry, building materials gain new development. Industrial system with light industry as the mainstay has been formed.
(3) Yangjiang has already become an ideal place of tourism, and the athletic competition. Yangjiang enjoys beautiful mountains and ocean, and scenic spots are found everywhere. There are National Four-A Grade Scenic Spot and the Provincial Grade Scenic Spot. Its ten-mile Silver Beach has been written down in the Guinness Book of World Records. There are also lots of hot spring, spacious forest, attractive rivers, and lakes and waterfalls. Travel, sport, culture, and trade are combined together, and the World and Asian Beach Volleyball Championship and the International Kite Festival have been held many times here. Yangjiang has already become an ideal place of tourism, and the athletic competition.