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Yangtze River Delta (YRD)

 

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Content provided by: China Knowledge
 
5 Sept 2011
Huzhou ( Zhejiang ) City Information

Major Economic Indicators (2010)

Land Area (km2) 5,818
Population (million) 2.7
GDP (RMB billion) 130.16
GDP Composition
Primary Industry 8.0%
Secondary Industry
(Industry & Contruction)
54.9%
Tertiary Industry (Service) 37.1%
GDP Per Capita (RMB) 50,142
Unemployment Rate 3.2%
Fixed Asset Investment (RMB billion) 71.78
Utilized FDI (USD million) 919
Total Import & Export (USD million) 6,930
Export (USD million) 5,860
Import (USD million) 1,070
Sales of Consumer Goods (RMB billion) 51.61
Source Source: Huzhou Economic and Social Development Report 2010

 

 
Introduction
 

Huzhou, located in the northern part of Zhejiang Province, is adjacent to Hangzhou to the south,  Tianmu Mountain to the west and Taihu Lake to the north. It faces Wuxi and Suzhou across the Taihu Lake. Shanghai and Hangzhou are 160 km and 75 km away, respectively.

The Hangzhou-Nanjing Highway, the State Highway 104, the Xuancheng-Hangzhou Railway and State Highway 318 link Huzhou with Hangzhou, Nanjing, Xuancheng, Shanghai, and other cities in east China. Huzhou is easily accessible by air, as the Hangzhou Xiaoshan International Airport, the Shanghai Hongqiao Airport and the Shanghai Pudong International Airport are within 1.5 hours’ drive from the city.

Huzhou has a subtropical, humid monsoon climate with an average temperature of 16?. The weather is usually humid and pleasant. The lily is the city’s official flower and the ginkgo tree is official tree.

 
Economic Features
 
Huzhou is a traditional industrial city. In 2010, the city's GDP reached RMB 130.15 billion, representing an increase of 12.1% from the previous year. The industry sector gained RMB 71.46 billion in industrial value-added output, contributing 54.9% to Huzhou's GDP. The value-added industrial output from the service sector grew 14.5% year on year to RMB 48.23 billion, comprising 37.1% of the city's GDP.

In 2010, the total gross industrial output in Huzhou rose 28% year on year to RMB 267.78 billion. Heavy industry and light industry have contributed RMB 154.29 billion and RMB 113.49 billion, accounting for 58% and 42% to the total, respectively.

The pillar industries and industrial output of the city include textiles (RMB 39.76 billion), machinery (RMB 34.8 billion), Ferrous metal processing industry (RMB 20.32 billion), wood processing (RMB 19.81 billion), non-metal products (RMB 19.3 billion), electricity and heat supply (RMB 17.81 billion) and chemicals (RMB 14.02 billion).

Shenghua Group, established in 1984, is the parent company of Zhejiang Shenghua Biok Co Ltd, the first listed company in Huzhou. The group's business covers bio-tech products, fine chemicals, new construction materials, real estate, trade and commerce. By the end of 2009, it had total assets of RMB 5.9 billion. The sales revenue and net profit of the group reached RMB 7.51 billion and RMB 276 million in 2009.

Dongliang New Material, a leading aluminum products maker and supplier in China, was set up in 1985 in Huzhou. It was listed on the Shenzhen Stock Exchange in 2006. The sales revenue amounted to RMB 665 million, and net profits reached RMB 77.99 million.

In 2010, the city's total foreign trade value was US$6.93 billion. It exported US$5.86 billion worth of products, with an increase of 43.8% year on year. Major export products include textiles, mechanical and electronic products, and raw chemicals and chemical products.

The city approved 302 foreign-funded projects in 2010, with contractual foreign investments amounting to over US$2.04 billion. The utilized FDI climbed 13.3% year on year to US$919 million in 2010, of which 68% went into secondary industry.
 
Cultural Highlights
 

Huzhou is a city with over 2,000 years of history. It has had several different names. In 248 BC, the State of Chu set up Gucheng County in the territory that is now Huzhou. Then in 222 BC and AD 266, Wucheng County and Wuxing Shire were successively founded. In AD 602, the name of the area was changed from Wuxing to Huzhou, which means "lake shire" in Chinese, for its adjacency to Taihu Lake. It was called Huzhou until 1912, when Huzhou was abolished and combined with Wucheng and Guian into Wuxing County. In 1949, Wuxing was divided into Huzhou City and Wuxing County. In 1983, Wuxing was promoted to a prefecture-level city.

 
Tourist Attraction
 

Feiying Pagoda, Taihu Lake, Mogan Mountain, Tianmu Mountain, the Chinese Bamboo Sea and Longwang Mountain are the hottest scenic spots in Huzhou. Feiying Pagoda is a stone pagoda constructed during the Tang Dynasty (AD 618-907). During the Song Dynasty (AD 960-1279), a bamboo pagoda was built to protect the stone one. Taihu Lake, the largest freshwater lake in the Yangtze River Plain, is famous for its unique limestone formations, which are used for decoration in gardens. Taihu Lake, due to its beautiful scenery, is always a popular scenic spot. Mogan Mountain lies in the west of Deqing, a county of Huzhou. It has a bamboo sea, many springs and great scenery, and is one of the famous summer resorts in China. The most characteristic local foods in the city include Taihu Lily Bulbs, the Ginkgo-nuts of Changxing County and Zisun Tea. Enjoying a humid monsoon climate, the city is an ideal place for visiting in spring and autumn.

 
Honors
 

National Hygienic City (2003)
- National Patriotic (Public) Health Campaign Commission of P.R. China

Best Tourism City in China (2003)
-- National Tourism Administration of P.R. China

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